Practice Management

The Internal Revenue Service has issued proposed regulations requiring paid tax preparers to furnish an identification number on tax returns and claims for tax refunds that they prepare.

The Internal Revenue Service has launched a Web-based tool that allows taxpayers to check to see if they received an Economic Recovery Payment last year.

Keith S. Fimian and Pat Herrity are part of a growing trend this year: CPAs running for a seat in Congress.

A large proportion of married business partners who file individual or partnership tax returns are unaware of the potential benefits of a more recent filing option.

As many taxpayers continue to struggle with a tough economy, tax season is finding many of them literally unprepared.

Simonton Windows is offering customers $150 off the tax preparation fee for their 2010 returns, which will be prepared in 2011, when they purchase 12 or more energy-efficient windows and have their returns prepared at H&R Block.

The Internal Revenue Service reported that the overall number of tax return filings has declined somewhat this tax season.

President Obama signed historic legislation reforming health care insurance, providing tax credits to individuals and small businesses to help them buy insurance through state-based exchanges.

The Senate Banking Committee voted along party lines to approve the financial regulatory reform bill introduced last week by Chairman Christopher Dodd, D-Conn.

Treasury Secretary Timothy Geithner said lawmakers should reject amendments designed to weaken the financial regulatory reform bill.