Practice Management

President Obama released his jobs bill, known as the American Jobs Act, to Congress on Monday, with tax credits for new hires and an expansion of the payroll tax cut.

Ernst & Young has acquired the Tax Risk & Process Reengineering Practice of True Partners Consulting, a firm based in Chicago.

The Internal Revenue Service has released a memorandum to its examiners instructing them on what types of information they are now allowed to get from small business taxpayers’ accounting software data.

Taxpayers who have been affected by the wildfires blanketing parts of Texas may qualify for federal tax relief, as President Obama has declared Bastrop County and parts of the Texas hill country to be a federal disaster area.

A Missouri CPA has been sentenced to three and a half years in prison for embezzling more than $400,000 from two trusts he controlled.

Grant Thornton has chosen CCH to provide the firm’s tax professionals with subscription-based tax research content and workflow tools.

Claims from tax whistleblowers can take years to get through the Internal Revenue Service’s review and award determination process, according to a new report from the Government Accountability Office.

Carr, Riggs & Ingram has expanded to Kentucky by merging with Holland CPAs in the firm’s second merger in the space of a month.

Despite all the new tax regulations, registration requirements, and the promise of new tax legislation, there’s one thing that return preparers can eliminate from their worry list: tax strategy patents.

President Obama addressed a joint session of Congress on Thursday evening to present a jobs bill containing an expansion of the payroll tax cut, tax breaks for new hires and salary raises, and other tax reform measures.