Practice Management

Check out the digital edition of the August 2015 issue of Accounting Today.

A bipartisan U.S. Senate bill that would revive and extend dozens of lapsed tax breaks would spur economic growth and cover about 11 percent of its own costs, according to Congress’s nonpartisan scorekeeper.

If the beneficiary of a deceased owner of an individual retirement account fails to comply with the post-death required minimum distribution rules and the other post-death IRA distribution rules, then the beneficiary can be subject to penalties from the Internal Revenue Service.

Congress has effectively overruled the Supreme Court by extending the time period for auditing certain types of tax returns.

TaxBuzz, an online directory of tax professionals, has released a new service to help its users verify their providers' identity and trustworthiness.

The New York State Society of CPAs has asked the Internal Revenue Service to make some long-overdue revisions in Form 990-PF, the tax form used by private foundations.

Microsoft Corp.’s stockpile of offshore profits rose to $108 billion, with a 17 percent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.

Deepening its health care industry practice, Top 100 Firm, Doeren Mayhew, has acquired the Farmington, Mich.-based dental CPA firm, Davis and Davis.

Accounting Today editor-in-chief Dan Hood previews the August issue in this summer camp video.

Business executives are giving mixed predictions on when and if tax reform will finally happen in Washington, in a new survey.