Practice Management

The Internal Revenue Service is looking for civic-minded volunteers to serve on the Taxpayer Advocacy Panel, which listens to taxpayers, identifies key issues and makes recommendations for improving IRS service.

Northeast super regional CPA and business advisory firm J.H. Cohn has unveiled a new ad campaign with the tagline, “The Experience to Face the Unprecedented.”

In a hearing before the House Financial Services Committee, Treasury Secretary Tim Geithner asked lawmakers to grant the Treasury Department more power to seize failing financial firms.

From Accounting Technology editor Bob Scott’s most recent popular e-letter “Consulting Insights" comes this Random Thought: “I’ve decided if I were a public official, I would run government like a business, meaning I would invest in financial instruments, treat my employees as disposable, and pay out enormous and unmerited bonuses.”

Employees at the Internal Revenue Service are running up millions of dollars in charges on agency-issued telephone calling cards with little control over their spending.

Sen. Chuck Grassley, R-Iowa, has asked Fannie Mae and Freddie Mac to account for their retention bonus programs while the entities were losing money and even after they accepted taxpayer-funded bailouts.

Financial planning and reporting services provider Adaptive Planning has become a charter member of NetSuite’s SuiteCloud developer network — a multi-tiered program for software developers to leverage their offerings with NetSuite’s online core business products.

The Congressional Budget Office has revised its projection of the 2009 deficit, adding another $400 million and bringing the total to a numbing $1.7 trillion.

The Obama administration has revealed the latest measure in its colossal financial rescue plan, enticing private investors to buy up to $1 trillion in troubled assets carried by banks.

A federal judge has for the second time rejected a class action lawsuit against the Free File Alliance, the group of tax software vendors who provide free software and electronic filing to low-income taxpayers.