Practice Management

The Internal Revenue Service is seeing a big increase this summer in automated phone calls from con artists pretending to work for the IRS calling innocent taxpayers demanding overdue taxes.

Lipschultz, Levin & Gray LLC has added Richard E. Winer P.C., bolstering the firm’s presence in the Chicago area.

WithumSmith+Brown has expanded its presence in New Jersey, adding McGuigan Tombs & Company, a $3 million-plus CPA firm.

Mortgage interest deduction limit applies on per taxpayer basis.

A Swiss banker used a toothpaste tube a decade ago to smuggle diamonds into the U.S. Prosecutors now say an Israeli bank employee devised a new way to help a U.S. client hide assets from the Internal Revenue Service: She carried account statements into the country on a USB flash drive concealed in her necklace.

Billionaire investor Warren Buffett ripped into Republican Donald Trump Monday over his refusal to release tax returns, his business bankruptcies, and his attack on a fallen soldier’s family, repeating a famous phrase from the McCarthy era, “have you no sense of decency, sir?”

Singer and rapper Iggy Azalea is reportedly facing a second tax lien from the Internal Revenue Service for $269,980.20 in unpaid federal income taxes from 2015.

I have a client who owns considerable real estate that her son manages. The son actually does a very good job maintaining the property, growing rents, and keeping vacancies to a minimum.

Citrin Cooperman has entered the Boston region by merging in Kirkland Albrecht & Fredrickson on Monday.

CliftonLarsonAllen added two more firms Monday: CPWR LLP CPA in Dallas and Bray & Company CPA LLC in Milwaukee.