Practice Management

Individuals who lost money in the stock market in 2014 may have other investment assets that have appreciated in value. These taxpayers should consider the extent to which they should sell appreciated assets before year end (if their value has peaked) and thereby offset gains with pre-existing losses.

Arnett Foster Toothman PLLC and Carbis Walker LLP have agreed to merge and will take on the new name of Arnett Carbis Toothman LLP come Jan. 1, 2015.

Top 100 firm Carr, Riggs & Ingram LLC has enhanced its presence in Alabama by merging in Boohaker, Schillaci & Co.

The Internal Revenue Service is planning to improve the technology used by its Taxpayer Advocate Service to better handle the many requests it receives from taxpayers seeking help with their IRS problems, but the project has been put on hold due to budget cuts.

The Internal Revenue Service needs to go to greater lengths to safeguard taxpayer information on health insurance exchanges, according to a new government report.

The Internal Revenue Service posted the annual cost-of-living adjustments for pension plans and other retirement plans for 2015, allowing taxpayers to contribute up to $18,000 in their 401(k) plans in 2015.

Here’s a scenario that occurs in too many firms. Does it sound familiar to you?

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, is planning a project to review and update its decade-old Enterprise Risk Management–Integrated Framework.

The average tax refund in 2014 was $2,696, up 1.5 percent from the average refund of $2,656 in 2013, according to a new report on how well the Internal Revenue Service operated last tax season.

The number of companies lobbying the U.S. government on tax inversions more than doubled in the quarter ending Sept. 30, as they sought to prevent Congress and the Obama administration from imposing new restrictions.