Practice Management

Treasury Secretary Tim Geithner and Chilean Finance Minister Andrés Velasco signed a new income tax treaty between the United States and Chile to provide certainty and stability of tax treatment for U.S. and Chilean cross-border investors.

The United States and Hungary have signed a new income tax treaty that brings an existing agreement signed by the two countries in 1979 into closer conformity with current U.S. international tax policy.

IMGCAP(1)]Accountants are often considered the trusted advisor to business owners. Yet, when it comes to their own practices, we often find they have not paid enough attention to critical issues at the office.

The U.S. Tax Court has ruled in favor of a Massachusetts taxpayer whose deduction for her sex change operation was rejected by the Internal Revenue Service.

IMGCAP(1)]Like your finances, your firm’s marketing efforts should be reviewed on a regular basis to ensure that your short- and long-term plans are in order.

As expected, President Obama proposed a $3.8 trillionbudget for Fiscal 2011, including a projected record deficit of $1.6 trillion.

IMGCAP(1)]Google has contrived a convoluted way to determine its income tax responsibilities to the U.S. and other taxing jurisdictions, in part by shifting income to its operations in Ireland.

Congressional auditors responsible for holding governmentagencies responsible for their financial integrity are doing a bang-up job -according to a performance review that they conducted on themselves.

While there were no real surprises in the State of the Union speech, it did flesh out some tax proposals that will be acted on in the days ahead, according to observers.

Swiss authorities said they would continue talks with the U.S. to resolve an impasse over the disclosure of secret bank accounts at UBS after a Swiss court blocked a deal reached by the two governments last year.