Practice Management

The Internal Revenue Service responded to only 339 out of 350,000 calls made to a special phone line it has set up for hearing- and speech-impaired taxpayers, according to a new government report.

The Internal Revenue Service has issued guidance to provide relief to taxpayers who have suffered property losses due to the corrosive effects of imported drywall installed in their homes between 2001 and 2009.

CPA and business advisory firm Abrams Little-Gill Loberfeld has acquired the tax practice of Walpole, Mass.-based Lawrence K. Landy, CPA.

IMGCAP(1)]To compete in today’s unpredictable economy your clients’ companies must keep a very close eye on their operational performance and be able to use that information to continuously update their business plans and budgets.

Sage reseller Blytheco made another move to further grow its SalesLogix and overall customer relationship management business with the purchase of the SalesLogix practice of Result Data Consulting Ltd.

The Tax & Accounting business of Thomson Reuters has released new Competency Model software for its Checkpoint Learning system that provides self-assessment tools to measure proficiency in the subjects studied by users, along with roadmaps for career development.

Two New York City tax preparers are facing prison time and the payment of substantial sums of money in a pair of recent cases.

The American Institute of CPAs and 18 other groups have written a letter to congressional leaders encouraging them to ban tax strategy patents before adjourning.

Senate Finance Committee chairman Max Baucus, D-Mont., has sent a letter to IRS Commissioner Doug Shulman requesting him to investigate the use of tax-exempt groups for political advocacy.

The Internal Revenue Service has released guidance on the expanded adoption credit that is available for tax year 2010 as a result of the Affordable Care Act, along with a draft version of the form that taxpayers will use to claim it.