Practice Management

The House Ways and Means Committee held a hearing on the interaction of tax and financial accounting rules on tax reform.

For most accounting firms, the Internet is game changing.

Intuit has made several updates to its Tax Research and Tax Import for Lacerte and ProSeries products, in response to a recent survey of accounting professionals.

Accounting and business consulting firm Hill, Barth & King, has acquired Carson & Co. LLC, CPAs, of Sewickley, Pa., expanding the firm’s presence in Pennsylvania and construction industry clientele.

A pair of Democratic senators who chair influential committees have introduced legislation aimed at closing a variety of tax loopholes to reduce the budget deficit.

The Internal Revenue Service has released an expanded version of its smartphone application, IRS2Go, with a new YouTube video feature and additional tax help for taxpayers.

The Internal Revenue Service and the Treasury Department have released an eagerly anticipated set of proposed regulations for implementing the Foreign Account Tax Compliance Act.

The tax refund delays this tax season could be tied not only to new identity theft detection filters, but also to overly tight business rules written into the IRS’s Electronic Fraud Detection System.

An investor in a foreign currency trading fund has been sentenced to five years in prison for evading more than $150,000 in taxes.

A pair of Republican members of Congress have introduced a bill to prohibit the Internal Revenue Service from implementing a new tax-reporting requirement for small businesses to reconcile their 1099-K reports from outside providers such as credit card companies with their own internal records.