Practice Management

Top 100 Firm Sikich has struck a deal to acquire SCS, a technology firm based near Los Angeles in Glendale, Calif.

Hillary Clinton accused Donald Trump of gaming the tax system to avoid paying federal income taxes while the Republican nominee said the blame lies with politicians who created a complex Tax Code.

CPA firms have made significant strides in improving their website designs and functionality, according to Skoda Minotti Strategic Marketing’s 2016 Website Audit.

The IRS recorded two violations of its Fair Tax Collection Practices in 2015, though as many as a dozen additional cases with potential violations were not tracked, according to a recent report.

Donald Trump won’t release any new tax information in response to revelations that he claimed a massive tax loss in 1995 that potentially allowed him to eliminate his federal income-tax bill for almost two decades, according to two people familiar with the campaign’s thinking.

Donald Trump was facing renewed pressure to release his personal tax information after a New York Times report that he recorded a $916 million loss on his 1995 income tax return, a deduction that might have allowed him to cut his federal income tax for several ensuing years.

Farmers and ranchers who were forced to sell livestock due to drought now have more time to replace the livestock and defer tax on any gains from the forced sales, the IRS said.

H&R Block is offering taxpayers who use an ITIN a free renewal before next season.

Victims of Hurricane Hermine that took place beginning on Aug. 31 in parts of Florida may qualify for tax relief, according to the IRS.

A group of advocacy organizations is urging the Financial Accounting Standards Board to require multinational companies to disclose more information about their taxes.