Practice Management

The United States reached its statutory debt limit of $14.3 trillion on Monday and the Treasury Department took steps to create additional headroom to avoid a government default.

The Growth Partnership has introduced a new survey tool designed to help accounting firms assess their marketing efforts.

Roni Deutch, who heavily advertised her tax problem resolution services on television, has closed her law firm and surrendered her legal license after a California judge froze her assets.

Several years before the birth of the Tea Party movement, I caught one of the local town workers stuffing my mailbox full of anti-income tax materials that included scores of inaccurate legal references and precedents where the courts agreed with a plaintiff who refused to pay taxes.

The House Ways and Means Committee held a hearing on the current structure of international tax rules and how they might be hampering American employers in global markets.

A long list of organizations representing small and closely held businesses sent a letter to the leaders of the tax-writing committees in Congress urging them to include them in any upcoming tax reform legislation.

A longtime promoter of abusive trust schemes designed to hide clients’ income from the IRS has been convicted of tax charges.

While Congress tackles long-term tax reform, it continues to consider and enact piecemeal legislation aimed at specific areas. As a result, there are several bills afloat that, if enacted, would impact the ability of business to do business.

A group of nearly 30 congressional Democrats has written to the leaders of the Labor Department, the Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission expressing concern over a recent proposed rule redefining the meaning of the term “fiduciary,” saying it would have a negative impact on people with Individual Retirement Accounts and other retirement and savings plans.

The Senate Finance Committee held a hearing Thursday on tax breaks for oil companies, bringing together top executives from the largest oil companies to defend their tax credits.