Practice Management

The Internal Revenue Service had to cope with a great many changes in tax laws last year that put its growing workforce under extra pressure, according to a new report.

President Obama has been pushing to extend the 2-percentage-point cut in the payroll tax through next year, but this is one tax cut that his opponents in Congress may not agree to allow.

KPMG has released a report in which the firm identifies the key traits of employees who could be committing fraud against their employers.

A California tax preparer could be sentenced to up to 143 years in prison after she was charged with preparing false tax returns, including one that claimed 19 dependents had been born to her on the same day.

CPA firm Porte Brown LLC said Tuesday that it has acquired two other tax and accounting firms in the past quarter in the Chicago area.

IMGCAP(1)]While I’m not in the business to take issue with great minds like Newton’s (or even my wife’s and kids’), since I don’t have a great mind to go to battle with, Newton’s third law of every action having an equal and opposite reaction probably does not cut it too well when referral opportunities are given out.

An attorney and CPA who operated his own law firm in Morristown, N.J., has been sentenced to 18 months in prison for filing a false income tax return.

Drake Software has acquired Copanion and its GruntWorx line of tax workflow software for an undisclosed sum.

A 1 percent improvement in pricing can lead to better profits, according to a new survey by Deloitte LLP.

Berkshire Hathaway chairman and CEO Warren Buffett said in an editorial Monday that those making over $1 million and $10 million per year should be taxed at higher rates.