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Preparers’ reactions range from annoyance over spam to concern over online privacy as they’ve learned that the IRS is publicly releasing some of the information it collects as part of its Preparer Tax Identification Number registration.

Taxpayers can generally deduct ordinary and necessary expenses for conducting a trade or business or for the production of income.

Tax services firm Ryan has signed an agreement to acquire the Thomson Reuters Property Tax Services business.

The American Institute of CPAs announced the ten recipients of the AICPA John L. Carey Scholarship, awarded to students with liberal arts or other nontraditional business backgrounds to pursue accounting degrees and CPA licensure.

The Internal Revenue Service Statistics of Income Division has released its 2012 Summer SOI Bulletin, with a number of articles based on the most recent data available from various returns filed by U.S. taxpayers.

David Burns has joined BDO Capital Advisors LLC, the investment banking unit of BDO USA LLP, as managing director.

The Treasury Inspector General for Tax Administration, in an audit to assess the IRS management of the Electronic Federal Tax Payment System, found that business taxpayers were effectively transitioned to electronic payments, but were not always timely contacted when payments were missed.

CPACA Leadership Study Says Communication Key, Integrity Essential

Online document management software maker KnowledgeTree has added Quick Start templates for its enterprise-focused document management solution, allowing users to immediately co-author, organize, and manage critical documents in an environment designed for their teams.

Celebrating its 10th anniversary this year, the Sarbanes-Oxley Act is provoking a retrospective look at the good and bad after-effects of the landmark legislation.