Practice Management

White House officials have quietly lobbied Wall Street and the business community over the last several months to support President Barack Obama’s plan to impose higher taxes on the wealthy to cut the deficit and avert going over the fiscal cliff.

A Thomson Reuters tax analyst is offering end-of-year tax-planning tips for U.S. corporations, detailing various options based on possible legislative actions in Congress.

Now that the October 15 tax deadline has passed, many CPAs are turning their attention to the major changes put in place under the IRS’s new “repair vs. capitalization regulations.”

PwC US has acquired the IT and program management consulting firm, Ray Group International LLC, for an undisclosed sum. The deal closed on Nov. 6, 2012.

BCG Systems director of networking services Ken Klicka explains why if you aren't prepared to address the cloud computing wave with your clients, you'll soon be left behind.

The IRS has issued a consumer alert about possible scams taking place after Hurricane Sandy.

Check out the digital edition of the November 2012 issue of Accounting Today.

The American Institute of CPAs has improved its Interactive Tax Checklists to allow tax professionals to work more efficiently next tax season.

President Barack Obama, fresh from his re-election, turned his attention Friday to the economy, offering to talk with Congress about how to avoid the prospect of automatic tax increases on the middle class.

The Internal Revenue Service identified 39.1 percent more attempts at fraudulent tax refunds last tax season than in the prior year, leading to tax refund delays early in tax season.