Practice Management

The Federal Deposit Insurance Corp. has proposed a $2 million fine against Republic Bank & Trust Co. after the bank tried to coach tax preparers using its refund anticipation loan products on how to respond in case the FDIC visited them.

An interactive, Web-based tool is helping Internal Revenue Service employees to provide customer-specific tax law responses efficiently and accurately, according to a new government report.

PricewaterhouseCoopers has joined the Cloud Security Alliance as a corporate member.

A majority of multinational company tax executives predict that a broadened international regulatory focus on increased transparency will be the most significant change their company can expect in international taxation over the next year, according to a survey by KPMG LLP.

Equation Technologies has acquired the Sage practice of Balgord Software Solutions, a provider of business application software for small to midsized companies and nonprofit organizations with a focus on Sage ERP Accpac, Sage CRM, and Sage Fundraising solutions.

The American Institute of CPAs has written to the Internal Revenue Service asking the IRS to let small businesses electronically file the form used to elect S Corporation status.

IMGCAP(1)]I meet with a lot of accountants, and I'm starting to hear a consistent concern. Who is going to lead our firm once we retire? And why is this younger generation not rising to the opportunity to grow with our firm?

Deloitte said Monday it has purchased substantially all of the assets of Oco Inc., a developer of Software as a Service business analytics systems.

The Internal Revenue Service is investigating financial improprieties at the tax-exempt Kabbalah Centre.

CCH has partnered with Comtax to offer the Comtex System international taxation software in the U.S.