Practice Management

The Internal Revenue Service is warning against the use of so-called “micro-captive transactions” and similar transactions as potentially abusive.

The Internal Revenue Service has taken steps to improve the offer in compromise process for both taxpayers and the IRS, but it can still do more, according to a new report.

Known to many as a partisan attack dog, Senate Democratic leader-in-waiting Chuck Schumer is plotting to reach across the aisle next year with a pragmatic agenda he insists can get through a bitterly divided Congress.

K·Coe Isom is growing its footprint in California by acquiring Schmidt, Bettencourt & Medeiros in Turlock, the firm’s sixth location in the state.

Grant Thornton has released a collection of Year-End Tax Guides for 2016. Here are 10 of the most important 2016 tax-planning considerations for individuals.

With the 2016 presidential election dominating this fall’s news cycle, you may have overlooked an important and significant celebration—the centennial birthday of the estate tax.

I found out many years ago that I cannot spend my clients’ money.

Clients in business for themselves face a host of challenges. How can you best advise clients who already have their hands full making a living on their own?

Employers and small businesses have a new January filing deadline for W-2s, the Internal Revenue Service warned, adding that it must also hold some refunds until Feb. 15.

The Internal Revenue Service said Friday the annual period for renewing a Preparer Tax Identification Number is now underway for tax professionals.