Practice Management

A pair of women in Alabama were sentenced to prison time and ordered to pay more than $1.4 million for conspiring to file false claims for tax refunds.

IMGCAP(1)]It goes without saying that over the past 10 years, technology and social media have changed the way we do business.

CBIZ MHM is realigning its tax consulting business under a new initiative that centralizes four of the firm’s specialty tax service lines.

Thomson Reuters has received a U.S. patent for its Universal Tax Determination Engine, which provides centralized control of tax policy and data-driven tax determinations for sales, use and value-added taxes.

The Senate voted Thursday to approve an amendment to repeal a tax credit for ethanol blenders.

CCH has expanded its Tax Prep Partner Series of online tax research products with a new Information Returns title.

The Internal Revenue provided an additional extension Thursday on the requirements for filing a form disclosing a foreign bank account until Nov. 1, 2011, for those who had signature authority over, but no financial interest in, the account in 2009 or earlier calendar years.

Smolin Lupin’s accountants and consultants plan to host a free symposium for business owners next Thursday on how to avoid business problems.

The IRS’s Electronic Tax Administration Advisory Committee released its 2011 Annual Report to Congress during a public meeting Wednesday, with recommendations in areas ranging from security to tax simplification and greater collaboration with e-filers.

New statistics released by the Internal Revenue Service showed that the number and percentage of taxpayers earning over $200,000 a year who owed no U.S. income taxes nearly doubled from 2007 to 2008.