Practice Management

Every entrepreneur that is struggling to be more profitable always tries to cut anything but labor. But I have a new thought for you: instead of thinking about cutting costs, increase productivity!

The House passed bipartisan legislation Tuesday to bring tax relief to workers employed in more than one state.

The Senate Finance Committee held a hearing Tuesday to examine the impact of tax reform on Native American tribes and U.S. territories such as Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa and the Northern Mariana Islands.

The American Institute of CPAs has introduced a Web-based calculator to help individuals estimate the total amount of taxes they pay every year for the most common federal, state and local taxes.

ParenteBeard has reorganized its nonprofit consulting affiliate Dewey & Kaye, further integrating it into the accounting firm.

The owner of a Los Angeles tax preparation service has been sentenced to 15 months in prison for promoting a $1.5 million fraudulent tax loss scheme.

The Supreme Court has handed down a decision in favor of the Internal Revenue Service collecting capital gains taxes from a couple who sold their family farm during bankruptcy.

The state of Georgia has begun a pilot program to stop tax fraud with the help of identity verification and authentication tools from LexisNexis.

The Treasury Department and the Internal Revenue Service said Monday they plan to hold a listening session with Native American tribal leaders to consult with them on the application of the general welfare exclusion to benefits provided under Indian tribal government programs.

Deloitte has introduced Deloitte Digital, a new global service line aimed at helping clients harness digital technologies to develop their businesses.