Practice Management

When it comes to getting a resolution considered during an Internal Revenue Service collection case in which the IRS doesn’t have criminal prosecution aspirations, there is only one piece of advice that fits every case.

The Internal Revenue Service introduced a new payment option Wednesday for individual taxpayers who need to pay their taxes with cash, letting them do so by visiting a local 7-Eleven store.

Jay Nisberg and Gary Shamis, co-authors of the book "Stratagem," discuss how often accounting firms should review their strategic plans in this video.

Tax Freedom Day, the day when the nation as a whole has earned enough to pay the federal, state, and local tax bill for year, will arrive 114 days into the year on April 24, according to an annual report from the Tax Foundation.

The Internal Revenue Service warned taxpayers about a new phishing scam targeting Washington, D.C., Maryland and Virginia residents.

The biggest deal in drug industry history is dead. Pfizer Inc. and Allergan Plc terminated their $160 billion merger on Wednesday after the U.S. government proposed regulations to crack down on corporate tax inversions, stymieing New York-based Pfizer’s long effort to get out from under the highest corporate tax rate in the developed world.

A lot of Americans feel like they're getting cheated at tax time. In a Pew Research Center poll last year, 61 percent said it bothered them "a lot" that "some wealthy people don't pay their fair share."

Jay Nisberg and Gary Shamis, co-authors of the book "Stratagem," talk about what to expect from strategic planning meetings for accounting firms, how long they can take and how to synthesize them.

CPAs can claim a free smoothie named, appropriately enough, “The CPA,” from the Banana Smoothies & Frozen Yogurt chain on April 17 and 18 for surviving another tax season.

President Barack Obama issued a forceful denunciation of companies that shield profit overseas through corporate inversions, praising new rules that would curb what he called one of the U.S. tax system’s most insidious loopholes.