Practice Management

Following last week’s tax law changes, the Internal Revenue Service announced Thursday the upcoming tax season will start on time for most people, but taxpayers affected by three recently reinstated deductions need to wait until mid- to late February to file their individual tax returns.

The Internal Revenue Service’s information security program is not fully effective, according to a new government report, even though it generally complies with the Federal Information Security Management Act.

The Internal Revenue Service said a one-year grace period for enforcing new security, privacy and business standards for online tax processors will be ending next week.

BNA Software has released a new version of its income tax-planning application to help the clients of accountants and tax practitioners plan around the changes in the tax cut extension law.

The Securities and Exchange Commission has proposed a permanent rule requiring municipal advisors to register with the agency.

IMGCAP(1)]The Internal Revenue Service wants all paid tax preparers to register for a Preparer Tax Identification Number in time for next tax season, and is requiring many preparers to undergo continuing education and testing. But how much CPE is too much?

Changes to tax provisions in a bill providing health coverage for 9/11 emergency responders helped enable the legislation to pass Congress despite the opposition of some leading Republican lawmakers.

The Internal Revenue Service has released a new form that will allow tax preparers to request a hardship waiver to exempt them from the IRS’s new electronic filing requirements.

Donovan CPAs and Advisors, a local Indiana CPA firm, said it has helped several of its biotech company clients receive over $730,000 in tax credits and research grants.

The Internal Revenue Service has prohibited tax preparers from electronically filing tax returns before it receives all W-2, W2G and 1099-R forms.