Practice Management

The IRS is offering tax relief for the victims of the severe storms, flooding, landslides and mudslides in late June in parts of West Virginia.

Many of the highest average state and local sales tax rates are found in the Southeast, according to a midyear report from the Tax Foundation.

Industry consultant Martin Bissett has tips for getting CPAs more comfortable with sales.

Yes, it’s summer, but that doesn’t mean it’s time to forget about your clients, or ease up on your plans to attract new ones.

Highlights of some of our favorite tax-related blogs from the past week.

The IRS shares some advice on fixing a return

Social media giant Facebook is being investigated by the Internal Revenue Service over the value of intangible property it transferred to a unit in Ireland, according to published reports.

The National Taxpayer Advocate says that the 2016 filing season went “much more smoothly” than last year’s.

The Internal Revenue Service can’t always be sure that former employees’ access to systems and buildings has been revoked, according to a recent report.

The AICPA drafted a new comment letter to the U.S. Department of the Treasury and the IRS today, calling for a delay in the effective date of Internal Revenue Code Section 385 proposed regulations (REG-108060-15), which relates to the treatment of certain interests in corporations as stock or debt for federal tax purposes. The AICPA also urged that exceptions to the proposed regulations be provided as part of its numerous technical comments and recommendations.