Practice Management

After achieving its strongest e-filing tax season to date with more than 11 million tax returns transmitted through its ProSystem fx Tax and Global fx Tax compliance solutions, CCH has earned a 97-percent electronic acceptance rate for federal 1040 individual tax returns and a 98-percent electronic acceptance rate for federal business tax returns, according to the Internal Revenue Service’s Software Error Reject Code Report.

The Internal Revenue Service has become more adept at identifying retirement plans that may violate tax laws, according to a new government report.

IMGCAP(1)]Legendary Rock & Roll Hall of Famer David Bowie released “Changes” in 1972. Decades later it became the unofficial song for many businesses kicking off a change campaign for their company. What do a business change campaign and the song “Changes” have in common?

President Obama took Republican lawmakers to task during a news conference Wednesday for inflexibly refusing to compromise on taxes as part of a deal to raise the debt limit.

QuickBooks parent Intuit has acquired mobile banking technology assets from Mobile Money Ventures, a provider of mobile applications to financial institutions.

The majority owner of an accounting firm in Montvale, N.J., was sentenced Wednesday to six months in prison and six months of home confinement for failing to pay the IRS taxes that the firm withheld from its employees’ wages.

National Taxpayer Advocate Nina E. Olson told Congress that proposed budget cuts for the Internal Revenue Service could reduce taxpayer service and compliance.

The complexity of the federal Tax Code can engender errors and underpaid taxes, according to a new government study.

U.S.-based multinational corporations and their lobbyists are pushing hard for a so-called “tax holiday” that would repatriate the earnings from their foreign subsidiaries, arguing that it would inject up to $1 trillion into the U.S. economy, but the prospects for job growth are murky at best.

The National Society of Accountants has created a new social network for tax preparers.