Practice Management

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.

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.