Practice Management

It’s the time of year when investors examine their portfolio and seek to harvest built-in tax losses. But short sellers who wish to harvest their losses should keep a close eye on the calendar.

Local firms Mellott & Mellott and Thomas Heldman CPA and Associates announced that they will be merging effective Jan. 1, 2016.

The IRS has not established a service-wide approach to managing effective authentication processes and procedures for individual taxpayers’ identities, according to a new report.

It’s time to revamp the Earned Income Tax Credit, tax professionals say -– though they don’t necessarily agree on how.

Bay Area rapper Kreayshawn tweeted out her tax troubles after discovering that the IRS had apparently cleaned out her bank reports.

Ineffective monitoring of refunds and a computer programming error caused the Internal Revenue Service to issue more than $46 million in erroneous refunds, according to a new report.

The IRS has announced that interest rates will remain the same for the calendar quarter beginning Jan. 1, 2016, as in the previous quarter.

Local CPA firms Hurley, Williams & Cook PS and Ball & Treger LLP have merged to create the Hearthstone CPA Group.

The Internal Revenue Service will begin accepting individual tax returns on Tuesday, Jan. 19, 2016, it announced today.

EY announced that UMT Consulting Group, an enterprise project portfolio management firm that provides business process and technology consulting services to large corporations and government entities, has joined Ernst & Young in the U.S.