Practice Management

The Internal Revenue Service said that Form 1120-A, U.S. Corporation Short-Form Income Tax Return, is now obsolete.

Grant Thornton, the U.S. member firm of Grant Thornton International, posted a 12 percent rise in fiscal 2007 revenues to reach $1.036 billion.

Automatic Data Processing's Small Business Services division released an online payroll system aimed at accountants who service small businesses.

It finally happened: The first Baby Boomer applied for Social Security this week. Kathleen Casey-Kirschling, a former teacher who was born at one second after midnight on Jan. 1, 1946, applied for Social Security benefits over the Internet, starting what is likely to be an avalanche of applications for retirement benefits.

The House of Representatives has approved a bill that would ban private tax collections, but the bill's prospects remain uncertain in the Senate.

The Internal Revenue Service is not doing a good job of managing its paper case files, according to a newly released report.

The partners of auditing firm Goldstein Golub Kessler have joined McGladrey & Pullen's tri-state operating unit, building McGladrey's presence in the hedge fund industry and other sectors.

A high-ranking Treasury Department official has warned of the costs of tax-exempt bond financing for projects such as sports stadiums.

Republican presidential candidates debated their tax-lowering credentials at an event sponsored by CNBC, MSNBC and The Wall Street Journal on Tuesday evening.

The Internal Revenue Service has given businesses a simpler process for requesting relief for late elections.