Practice Management

The Tax & Accounting business of Thomson Reuters has released the print version of its new “WG&L VAT Handbook” to help practitioners cope with value-added taxes internationally.

Internal Revenue Service contractors received more than $356 million in payments from the IRS in 2009 despite owing a combined $3.8 million in back taxes, according to a new government report.

IMGCAP(1)]The tax, accounting and consulting market has experienced seismic shifts in recent years.

Democratic and Republican lawmakers in the House and the Senate have re-introduced a bill that would impose a five-year moratorium on any new taxes or fees on wireless service.

Amazon.com has terminated its contracts with approximately 9,000 affiliate Web sites in Illinois after the state passed a law that would require online retailers to collect sales taxes from their customers.

A study of filing data for the small business health insurance tax credit finds that the tax credit amounts are often miscalculated.

New York-based CPA firm Friedman LLP has opened an office in Beijing, expanding the firm into China.

Financially rocky professional services firm LECG has transitioned parts of its forensic accounting practice group to FTI Consulting Inc.

Practitioners who represent taxpayers with unreported offshore accounts should urge them to come forward and assist them under the new voluntary disclosure initiative for a number of reasons.

The Senate Budget Committee held hearings on the distribution and efficiency of spending in the Tax Code.