Practice Management

An overview of the history and valuation methods for S Corporations.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Victims of recent storms in Mississippi have until May 16 to file returns and pay any taxes due, the IRS said.

Last year's income tax season was marked by an explosion of refund theft. Will this year be any different?

The Minnesota Society of Certified Public Accountants recently surveyed its CPA members in public accounting on the most outrageous tax deductions clients tried to take on their tax returns. The resulting list shows that, more often than not, clients just don’t know which deductions are allowed.

Highlights of some of our favorite tax-related blogs from the past week.

The Internal Revenue Service is giving educational institutions a pass if they fail to include the correct taxpayer identification number on a student’s tuition statement form.

Ohio accounting firm Whalen & Company CPAs is starting a new venture this year by merging in the QuickBooks consulting firm Simplibooks and launching a new tax preparation service it is calling Simplitax.

Having played golf once in my life during my days at Ft. Bragg, N.C., I’m not exactly an avid golfer. But as two golf courses in North Carolina discovered last month, it’s getting tougher for them to successfully claim a charitable contribution deduction for a conservation easement.

Machen McChesney has acquired Wolf & Taunton, a Montgomery Ala.-based accounting firm, effective Dec. 1, 2015.