Practice Management

Bay Area accounting firms Greenstein Rogoff Olsen & Co. and Ronald G. Boyer Accountancy Corp., plan to merge on August 14.

The U.S. and Swiss governments have reached an agreement on a lawsuit in which the IRS had been seeking the identities of the U.S. taxpayers behind 52,000 secret accounts at the Swiss bank UBS.

For its final pièce-de-résistance, the Treasury Department has sent the last component of its financial regulatory reform legislative onslaught to Capitol Hill, even though lawmakers have supposedly gone home for recess.

Intuit has introduced Intuit ProLine Tax Research, powered by BNA, a Web-based service that integrates directly with Intuit’s Lacerte and ProSeries professional tax software.

Fox Coaching Associates has created HubStreet, a social networking site designed to bring together accountants, lawyers and bankers, and foster referrals.

A retired IRS agent who worked for a company that claimed to cut customers’ taxes has been sentenced to nearly four years in prison for taking part in a tax fraud scheme.

IMGCAP(1)]The IRS is increasing its audit activity involving payments to foreign persons and U.S. taxpayers’ offshore financial accounts.

A federal appeals court has revived a lawsuit charging the IRS with depriving taxpayers of billions of dollars in refunds on long-distance telephone excise taxes.

A report from the Treasury Department’s Inspector General for Tax Administration recommends that the IRS adopt a centralized approach to crack down on fraud at nonprofit organizations.

The Internal Revenue Service has extended the filing deadline yet again for people to report on foreign tax accounts, giving them until June 30 of next year, but only under certain circumstances.