Practice Management

Internal Revenue Service employees with government-paid credit cards made more than 174,000 purchases totaling more than $80 million over a period of a year and a half.

Philadelphia accounting firm Nihill & Riedley P.C. has been renamed as Smart Devine & Company LLC after it was acquired by Jim Smart and Rich Devine, formerly of Smart and Associates.

The Internal Revenue Service’s Taxpayer Advocate Service is temporarily changing the criteria it uses for accepting cases and said it would no longer deal with cases in which the problem involves an IRS delay in processing certain tax documents.

CPA and business advisory firm White, Nelson & Co announced that it would merge with Orange County practice Diehl, Evans & Co., effective December 1.

IMGCAP(1)]If you ask most CEOs of both public and private companies where risk lies, the answer will nearly always concern macro issues—the U.S. and world economy, government tax policy, the federal deficit.

The Internal Revenue Service could improve its exchange of tax compliance information with other countries by collecting better data on the types of information requested and how successfully it was collected.

Fresh on the heels of a redesign of its Web site, the Internal Revenue Service said Friday it is also updating its Transcript Delivery System.

The American Institute of CPAs is asking the Internal Revenue Service to reconsider some of the fees it plans to charge for competency exams and fingerprinting as part of its tax preparer oversight program.

Is it unfair to accountants that the attorney-client privilege is stronger than the accountant-client privilege?

Senators John McCain, R-Ariz., and Kay Hagan, D-N.C., introduced legislation Thursday allowing multinational corporations to repatriate their foreign earnings at a reduced tax rate.