Practice Management

The Tax & Accounting business of Thomson Reuters has acquired Canadian tax preparation software developer Dr Tax Software Inc.

The Internal Revenue Code requires National Taxpayer Advocate Nina Olson to submit a report to Congress each year identifying, among other things, 20 of the most serious problems encountered by taxpayers, and to make administrative and legislative recommendations to mitigate those problems.

President Barack Obama plans to include tax incentives in his fiscal 2013 budget to encourage more U.S.-based multinational companies to relocate jobs from foreign countries back home.

IMGCAP(1)]A new bill making its way through Congress has the potential to change the world of e-commerce quite drastically and hurt the viability of small businesses across the country to compete in a growing sector of our economy.

A former partner at a top international law firm has been sentenced to 28 months in prison for failing to pay taxes on over $10 million in income.

National Taxpayer Advocate Nina E. Olson’s annual report to Congress highlights the combination of an expanding IRS workload and declining resources as the most serious problem facing taxpayers.

Traphagen Financial Group, a provider of accounting and wealth management services based in Oradell, N.J., has merged in the Paramus, N.J.-based practice of Gerald Brignola, CPA, effective January 1.

Groundhog Day isn’t until next month, but the Internal Revenue Service is again invoking that same sense of déjà vu with its third Offshore Voluntary Disclosure Program in the past three years.

The Internal Revenue Service has increased its battle against identity theft, creating a special section on its Web site dedicated to helping growing numbers of tax fraud victims.

CPA and business consulting firm Davis & Bellomo has acquired the Leawood, Kan.-based practice of Willa Franklin.