Practice Management

Small nonprofit organizations that are at risk of losing their tax-exempt status because they failed to file the required returns for 2007, 2008 and 2009 can preserve their status by filing the returns by Oct. 15, 2010, under a one-time special relief program.

Of the 131 changes in state and local taxes last quarter, 91.6 percent were either tax increases or new taxes, according to a new report.

Two Republican lawmakers are warning the Treasury Department against making a change in tax policy that would favor trial lawyers who handle lawsuits on a contingency basis and want to deduct loans to clients.

BNA Tax & Accounting has introduced its first application for the RIM BlackBerry, an electronic version of its Quick Tax Reference guide.

The nonprofit Tax Foundation has introduced an online calculator that allows taxpayers to compare how they would fare if all the Bush tax cuts expired as scheduled at the end of this year.

St. Louis-based accounting firm RubinBrown plans to expand westward by combining with Denver-based Saltzman Hamma Nelson Massaro to form one of the 50 largest accounting firms in the U.S.

Rep. Charles Rangel, D-N.Y., former chairman of the tax-writing House Ways and Means Committee, will face a trial before his congressional colleagues after a House investigative panel found that he violated ethics rules.

Call this a story about nurturing the goose that laid the golden egg.

President Obama signed a law Thursday that aims to bar payments to federal contractors that haven’t paid their taxes and to make sure that payments go out in the correct amounts to the right people.

The Internal Revenue Service released proposed regulations on Thursday that would establish a $50 fee for individuals who apply for a preparer tax identification number.