Practice Management

Not all complex problems require a complex solution, and a more elaborate solution doesn't automatically make it a better one. Bigger and faster is simply bigger and faster; it's not better.

Sam Levy gave a lot of thought to the name of the accounting firm he launched late last year. He didn't like "Levy & Co.," and "Levy & Associates" was already taken. His choice eventually came down to "Levy Tax & Consulting" or "Levy Tax & Advisory Services," and he picked the former.

While Congress debates the debt ceiling and spending cuts, government contractors and entities - and the accounting firms that serve them - are functioning under an increasing regulatory environment that's testing some of their business fundamentals.

JACKSON HEWITT FILES CH. 11

Washington, D.C. - The Internal Revenue Service said in mid-June that approximately 275,000 organizations have automatically lost their tax-exempt status under the law because they did not file legally required annual reports for three consecutive years.

Meet the new IRS—the kinder, gentler IRS. It's an agency with processes that are fast becoming structured, streamlined—and strangely quiet.

IMGCAP(1)]Accountants, insurance professionals and others need to be careful that they don’t become what the IRS calls material advisors.

PDI Global, which is part of the Tax & Accounting business of Thomson Reuters, has released its 2011-2012 Tax Planning Guide.

The Federal Unemployment Tax Act surtax is set to expire Thursday after House Republicans refused to extend the 35-year-old “temporary” unemployment surtax.

H.D. Vest, an investment advisory firm that partners with many tax practitioners, will be sold by its corporate parent Wells Fargo to Parthenon Capital Partners, a private equity firm.