Practice Management

Speaker of the House John Boehner, R-Ohio, has come under increasing pressure to pass a two-month extension of the payroll tax cut.

The Internal Revenue Service has published a revised tax guide to help taxpayers get the most out of various tax breaks.

Accountants and tax practitioners had a busy time this past year keeping up with all the changes in the profession. Here’s our annual list of the top stories in the past year that kept our readers coming to the site for the latest developments:

House Republicans blocked the Senate’s two-month extension of the payroll tax cut and emergency unemployment benefits on Tuesday, setting up a confrontation between the two chambers.

The American Institute of CPAs has introduced a set of Interactive Tax Checklists to help practitioners prepare clients’ returns.

Document management software provider Doc.It is now offering the Doc.It .Net Client Portal, which allows firms and their clients to securely send and receive documents and files of any size.

Ninety-two percent of financial professionals believe that businesses will either maintain their current employee headcount or increase their employee count in 2012, according to a survey of U.S. accounting firms.

Paid tax return preparers will need to file a due diligence checklist with all claims for the Earned Income Tax Credit starting January 1, the Internal Revenue Service said Tuesday.

The Internal Revenue Service saved about $14.19 million by not mailing out tax form packages this year, but the elimination of the mailings increased the burden on approximately 6 million taxpayers who needed to obtain the forms themselves, according to a new government report.

IMGCAP(1)]Recently one night I was struggling feverishly with my 7th grader’s science assignment on paleobotany.