Practice Management

Sen. Joseph Lieberman, I.-Conn., has written a letter to the Internal Revenue Service asking for an explanation of its investigation of a speech by Sen. Barack Obama, D-Ill., at the United Church of Christ.

The Internal Revenue Service is putting together its next Taxpayer Advocacy Panel to make the tax administration system more customer-oriented, but it's already contending with a growing chorus of people who want to see major changes in the agency, if not outright dismantlement.

RSM McGladrey and Axiom Solutions have signed an agreement to offer research and development tax credit services to companies.

There are a lot of very good research tools on the market. But what's available for the small practitioner who needs less than high-powered products?

It is the first publication on managing an accounting practice that I read that isn’t written like an explanation of the Internal Revenue Code and, more importantly, it is the very best that I have read on the subject.

The Internal Revenue Service said it would begin sending out more than 130 million economic stimulus payments in weekly installments starting May 2, with the distribution schedule based on the last two digits of the recipient's Social Security number.

The Senate has confirmed Douglas H. Shulman as the new commissioner of the Internal Revenue Service.

H&R Block has sold the mortgage loan-servicing business of its Option One Mortgage Corp. subsidiary to investor Wilbur Ross' private equity firm in a transaction valued at approximately $1.1 billion.

Sage Software has updated its Sage FAS software with a service update to reflect the economic stimulus package recently enacted by Congress.

IRS IMPROVES ONLINE TAX TOOLSWashington, D.C. — The Internal Revenue Service has improved its online refund-tracking tool and tax information publication. The online version of Publication 17, Your Federal Income Tax, now contains electronic links that allow users to navigate it more quickly. Both the downloadable PDF and HTML version contain more than 800 hyperlinks. The links allow users to jump immediately to other parts of the publication. The HTML version of Publication 17 on the IRS Web site, www.irs.gov, is also accessible to visually impaired taxpayers, in accordance with the Americans with Disabilities Act.