Practice Management

Last year marked the third consecutive year of increases in CPA firm revenue since the recession, with firms posting a 6.7 percent revenue increase, up from 5.4 percent in the previous year, according to the latest results from the Rosenberg Survey.

Rep. Mark Pocan, D-Wis., has introduced a bill that would help low-income married couples deduct twice as much of the interest charged on their student loan debts.

The Internal Revenue Service is being urged to improve its efficiency in auditing the growing number of large partnerships, in a new government report.

The chairman of the House Small Business Committee, Sam Graves, R-Mo., has introduced legislation to streamline and simplify the loan application process at the Small Business Administration by requiring the agency to permit the use of electronic signatures and electronic records.

If there were ever a politically opportune time for Congress to remove the National Football League’s tax exemption, it would seem to be now.

Bloomberg BNA has given tax practitioners and taxpayers a head start on their 2015 tax year planning, releasing a detailed projection of inflation-adjusted tax items for next year on Wednesday.

Technology offers small businesses the irresistible allure of success through the same tools used by larger companies.

Rep. Collin Peterson, D-Minn., has introduced legislation that would amend the Tax Code to disqualify movie and TV producers from receiving tax credits from the federal government if any of the production is done outside the United States.

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

WalletHub, a personal finance social network, has released an analysis of the rates at which S&P 100 companies are taxed at the state, federal and international levels and found they were on average paying more in taxes last year than in 2012, although some are still paying extremely low rates.