Practice Management

I met someone last week and asked how she was doing with her accountant. She said everything was fine, but reduced the three interim quarterly visits to once every four months.

The Internal Revenue Service has extended its hold on certain tax refunds for returns filed by nonresident aliens and other foreign taxpayers on Form 1040NR beyond the usual 180-day limit in order to give extra scrutiny to the refund claims, leaving many undocumented immigrant workers waiting up to 360 days to get the tax refunds they filed this year.

Rager, Lehman & Houck, P.C., a regional accounting firm with offices in Pennsylvania and Maryland, has merged in Dallavalle & Co. P.A., a firm in Frederick, Md., effective Nov. 30, 2015.

CliftonLarsonAllen has announced its fourth merger since last week, combining with Accounting Management Solutions.

Some of our favorite recent tax fraud cases.

Victims of the severe storms and flooding in October in parts of Texas may qualify for tax relief from the IRS.

Congress has passed highway-funding legislation that includes two tax provisions that would allow the State Department to revoke the passports of long-term tax delinquents who owe more than $50,000 in tax debts and revive a program requiring the IRS to hire private debt collection agencies.

As 2015 comes to a close, taxpayers are once again facing uncertainty as Congress has yet to act on a host of important provisions that expired at the end of 2014.

A roundup of recent announcements from accounting firms and companies across the country.

The Internal Revenue Service is letting former students of a now-defunct for-profit college chain, Corinthian Colleges, to avoid including their forgiven student loan debts within gross income.