Practice Management

It’s no surprise that the experience of going through a random IRS audit affects future behavior. What is surprising is how the expected change in behavior—increased reporting of taxable income, and presumably, increased compliance—differs from corporations to individuals, and from individuals subject to third-party information to those who are not.

Despite their collective sigh of relief at the end of tax season, the lull that afflicts the profession afterwards can be disquieting.

Wolters Kluwer Tax & Accounting has acquired CPE Link, an online provider of continuing professional education for accountants, tax preparers and financial advisors.

Lionel Messi, the record five-time world soccer player of the year, appeared in a court in Barcelona Thursday as he seeks to defend himself in a tax evasion case that has cast a spotlight on the financial dealings of elite sport stars.

The end of the 2016 primary season is in sight, and while many significant (and some less significant) issues have received ample attention, taxes have played a somewhat less prominent role.

When I engage in planning workshops, the subject of succession and exit strategies is front and center in the long-term vision of the firm: forcing current partners to look at potential future partners and consider their ability to grow the firm and fund an exit.

Crowe Horwath LLP has merged in AbleBridge, a Westborough, Mass.-based software company and consulting firm that develops and sells technology built around the Microsoft Dynamics Customer Relationship Management system.

Dixon Hughes Goodman LLP has expanded to Maryland by merging in Stegman & Company, reputedly the oldest Maryland-based CPA firm, on June 1.

Marcum LLP has merged in Lautze & Lautze CPAs & Financial Advisors, an accounting firm in San Francisco and San Jose, Calif., effective June 1.

A new survey of U.S. taxpayers living abroad finds widespread opposition to the Foreign Account Tax Compliance Act, or FATCA, and similar tax compliance requirements.