Practice Management

California Governor Jerry Brown and Democratic lawmakers have struck a deal to close the state’s estimated $15 billion budget deficit, including provisions to force online retailers like Amazon.com to collect sales tax from customers.

A former client of the Swiss banks UBS AG and Wegelin & Co. has pleaded guilty to personal income tax evasion for hiding more than $26.4 million in secret bank accounts.

The Internal Revenue Service is reminding anyone who has a bank account or other financial account in a foreign country, or who has signature authority over such an account, that they may be required to report the account to the U.S. Department of the Treasury by June 30 each year.

Governments around the world are either increasing indirect taxes such as value-added taxes or introducing them for the first time.

IMGCAP(1)]“Going green” is all the rage. Some would say it’s the new black. Not only that, it can help your client's company stay “in the black” too.

The Internal Revenue Service has issued final regulations shortening the automatic extension time period for partnership, trust and estate tax returns from six to five months, meaning the returns are due Sept. 15.

The Internal Revenue Service’s financial management systems are unlikely to comply with federal laws at least until 2014, according to a new report.

Eight Democratic senators have written to the Internal Revenue Service urging the agency to address problems faced by same-sex couples while filing their 2010 federal income tax returns.

The Association for Accounting Marketing has released a report documenting compensation trends across a number of marketing, business development and sales positions within the accounting industry.