Practice Management

The House Ways and Means Committee held a hearing to consider changing the tax treatment of closely held businesses in the context of overall tax reform efforts.

The financial services industry has always had pretty specific rules about testimonials, recommendations and advisory.

President Obama pressed for business tax reform in a speech before a group of business executives.

Online accounting industry directory CPAdirectory.com has launched Ask a CPA, a free iPhone and iPad app designed to help consumers, businesses, and accounting and tax professionals with relevant tax and accounting related research and questions.

The Internal Revenue Service is expanding its “Fresh Start” initiative to help more unemployed and financially stressed taxpayers with installment agreements and relief from failure-to-file penalties.

The Internal Revenue Service has revised two forms used by bond issuers.

Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts.

The Internal Revenue Service is providing tips to help taxpayers avoid a new tax scam involving bogus college tuition tax credits.

A former Internal Revenue Service agent turned tax preparer has been accused of ordering the killings of two witnesses against him who were scheduled to testify against him for preparing bogus tax returns and stealing clients’ tax refunds.

IMGCAP(1)]If you have clients whose company customer concentration as a percentage of sales looks anything like the 80/20 rule—that is, 80 percent of revenue comes from 20 percent of customers—their company’s value could be in the tank.