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New York City officials are urging low-income and middle-class taxpayers to file their tax returns for free or low cost to claim their tax credits with one month to go in tax season, while cracking down on tax preparers.

The Tax Policy Center estimated Friday that the tax provisions of the budget plan introduced this week by House Budget Committee chairman Paul Ryan, R-Wis., would reduce tax revenues by $5.7 trillion over a 10-year period, requiring a corresponding amount of tax increases and/or spending cuts to keep it “revenue neutral,” or risk a substantial expansion of the budget deficit.

A coalition of charities has expressed concerns about a Senate budget proposal that could potentially place a limit on charitable deductions.

Sales tax and compliance automation service provider Avalara has introduced AvaTax Consumer Use, its automated consumer use tax offering ,which will be integrated with most billing, financial and ERP systems – the first of which will be Microsoft Dynamics ERP products.

Adam McCane has moved up to partner in the assurance services practice at the independent accounting firm Weaver.

New-hires-promotions-and-more

CollegeFrog’s National Meet the Firms Week, Deloitte’s exclusive arrangement with The WSJ and more…

Anthony Lombardi of the Lombardi Group aims to be an essential resource for the CPA firms he works with in Southern California.

More than four out of 10 working Americans will have had an accountant prepare their taxes this year, primarily because they believe that that's the way to get the largest refund. More than half won't do their own taxes, instead going to an accountant, friend or family member.

The Internal Revenue Service has filed a sharply worded reply with a federal appeals court to a group of tax preparers who won rulings from a lower court striking down the IRS’s authority to regulate the tax preparation profession.