Practice Management

IMGCAP(1)][IMGCAP(2)]Tax compliance, tax provision, sales and use tax, transfer pricing, and state tax apportionment—automation is available for each of these laborious tasks.

The Internal Revenue Service said Thursday that a supporting attachment for research and development costs is no longer required for some of its forms.

The average fee for preparing an itemized federal and state individual tax return was $233 during the 2011 tax season, only a 1.7 percent increase over 2009.

A former UBS banker who is currently an independent asset manager has been accused of helping U.S. taxpayers use secret Swiss bank accounts to evade income taxes.

The IRS’s Taxpayer Advocate Service needs to take better care to make sure that the grant funds it provides to Low Income Taxpayer Clinics are used appropriately, according to a new report.

Sales and use taxes continue to rise on average nationwide, according to a new report, with an average combined rate in mid-2011 of 9.63 percent, compared to 9.61 at the end of 2010.

With airlines under pressure from lawmakers, Delta Air Lines said it would refund tax money paid by travelers in the wake of a suspension of non-essential services by the Federal Aviation Administration.

Deloitte Touche Tohmatsu Limited plans to work with a nonprofit organization on developing disclosures by companies of their water usage as fresh drinking water increasingly becomes a scarce resource.

Accounting and business advisory firm Sikich LLP has begun offering a subscription-based human resources consulting service to business clients.

The Internal Revenue Service said Tuesday that for tax year 2011, it would require the manual key entry of the Taxpayer Identification Number shown on W-2 forms received from employers for all taxpayers with Individual Taxpayer Identification Numbers who are reporting wages.