Practice Management

A federal appeals court has sided with the Internal Revenue Service in a case involving a war resister who refused to pay taxes.

We all have our own styles. Many have different styles for different things. Over the years I’ve developed an individual style for negotiating on behalf of clients that I have been very successful with, which I am sharing with you now.

A new government report finds some early evidence that the Advance Premium Tax Credit probably contributed to an expansion in health insurance coverage last year, but also notes that some taxpayers still lack access to affordable health plans.

The Internal Revenue Service has settled a legal dispute with a medical marijuana dispensary by agreeing to refund approximately $25,000 in fines and abate future penalties.

Grant Thornton has issued a document describing the advantages of relocating businesses to other countries, including their tax profiles.

The consumer finance site WalletHub has produced an analysis of 2015’s Best States to Be Rich or Poor from a Tax Perspective.

The American Institute of CPAs submitted a letter last week to the Internal Revenue Service and the Treasury Department recommending relief for surviving spouses who would like to elect portability of their deceased spouse’s unused estate tax exemption.

Internal Revenue Service Commissioner John Koskinen met with the heads of some of the major tax software companies, tax preparation chains, state tax commissioners and other officials in an effort to combat the growing problem identity theft and tax fraud.

Selling an accounting practice is a once-in-a-lifetime experience for most practice owners. There is much time, energy and money invested in an accounting practice, so finding the right buyer is crucial. Since it is such a rare event, sellers should be educated about some of the key misconceptions about the process.

The use of captive insurance by U.S. companies to manage costs and risks and realize tax benefits has been a legitimate activity for years. However, the IRS has recently focused significant audit resources on small and mid-market companies that are forming small or “micro” captive insurance companies.