Practice Management

Tax prep chain Jackson Hewitt said that one of its tax preparers is among the first to receive the IRS’s new designation of Registered Tax Return Preparer.

Certain industries in which clients operate increase an accountant’s risk exposure and those with high risk scores are especially precarious.

The Internal Revenue Service has introduced an online search tool that will allow the public to easily check on information about tax-exempt organizations, such as charities and other nonprofits.

A former bank executive has filed suit against the Internal Revenue Service for failing to pay him a whistleblower award.

An amendment to a highway transportation bill that would have extended expired tax credits such as the Research and Experimentation Credit in exchange for freezing the salaries of federal employees for another year has gone down to defeat in the Senate.

Forty percent of senior finance executives at midsize companies say that lack of bargaining power with customers and suppliers is their biggest obstacle in improving cash and working capital management.

The National Taxpayer Advocate is raising concerns about the effectiveness of the Internal Revenue Service’s increasing reliance on correspondence exams instead of face-to-face audits.

Corporate audit giant Ernst & Young operates a lobbying firm in Washington, D.C., that has been hired in recent years by several corporations that were at the same time E&Y audit clients, prompting two senior lawmakers to demand closer regulatory scrutiny.

tax preparers, irs, taxes

A group of U.S. expatriates has written a letter to IRS Commissioner Doug Shulman to complain he has not responded to a directive from the National Taxpayer Advocate objecting to the way taxpayers who came forward under the 2009 Offshore Voluntary Disclosure Program were treated by IRS examiners.