Practice Management

IMGCAP(1)]What is your brand? It’s your service, client satisfaction, your niche expertise, your community involvement; it’s everything your firm does.

The Internal Revenue Service said Wednesday 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.

Former Minnesota Governor Tim Pawlenty outlined his tax cut proposals during a speech in which he called for lower tax rates than other Republican presidential candidates have suggested so far.

The Internal Revenue Service cannot verify whether individuals claiming a Qualified Motor Vehicle tax deduction are entitled to a deduction at the time their tax returns are processed.

A funny thing has been happening with the $7,500 plug-in electric vehicle tax credits that GM has been dangling before prospective buyers of its Chevrolet Volt: In many cases dealers rather than customers have been getting the tax breaks.

The Treasury Department and the Internal Revenue Service have proposed a set of changes to the New Markets Tax Credit program to encourage more money to go toward non-real estate businesses located in low-income communities.

The Internal Revenue Service has given taxpayers an extra 90 days to provide a voluntary disclosure of their offshore bank accounts if they have made a “good faith” attempt to gather the necessary materials.

The Internal Revenue Service has invited the public to comment on its plans to begin administering competency examinations for registered tax return preparers.

IMGCAP(1)]When someone starts or joins the team at a nonprofit organization, it is likely the case that the individual was inspired by a passion or interest in furthering an idea or helping a cause.

Accounting firm Councilor Buchanan & Mitchell has launched a new brand this month in conjunction with the firm’s 90th anniversary.