Practice Management

It all began during a recent strategic planning assignment with a small business in Illinois when I asked the executives this question: “I see your sales units on the chart, but who is accountable for marketing?”

The IRS is reminding preparers and their clients with low-to-moderate income that they can take steps now to save for retirement and earn a special tax credit in 2014 and beyond with the Saver’s Credit.

Intuit is now offering guidance for tax pros on the Affordable Care Act.

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

Two recent reports have found that the IRS could improve its decision-making in IT security, and that its inventory control over wireless devices.

Xero announced it acquired online payroll company Monchilla to expand its payroll offerings to small businesses in more U.S. states.

Janover LLC increased its staff with the addition of team members from Liss Okun & Associates. The combination is expected to close at the beginning of 2015.

Singer-songwriter Joni Mitchell was referring to environmental impacts when she sang, “Don’t it always seem to go/That you don’t know what you’ve got/Till it’s gone” in Big Yellow Taxi. But chances are, many accountants have the same thought after a client leaves the practice—especially someone who was with the firm for several years.

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

Both parties in Congress agree the U.S. Tax Code is a mess and needs to be revamped. That doesn’t mean it will happen.