Practice Management

What’s greasing the wheels for the rise in mergers by U.S. companies? The tax man.

The international Organization for Economic Cooperation and Development has released a new report suggesting a number of reforms to strengthen the U.S. economic recovery, including tax reform.

U.S. Wealth Management president and CEO John Napolitano discusses how accounting firms should be choosier about the clients they accept, in an interview with Accounting Today editor-in-chief Daniel Hood.

Medtronic Inc., the globe-spanning medical device maker founded in a Minneapolis garage in 1949, is poised to become the biggest company yet to escape the U.S. tax system by shifting its incorporation abroad.

The Internal Revenue Service claims to have lost two years’ worth of email messages between Lois Lerner, the former director of the Exempt Organizations unit who is facing contempt of Congress charges, and correspondents outside the agency.

This week, the Internal Revenue Service adopted a “Taxpayer Bill of Rights” that takes some of the existing rights that are already part of the Tax Code and groups them into 10 broad categories, making them more visible and supposedly a little easier for taxpayers to find.

It is very hard to avoid injecting bias in investigatory forensic work, but essential if you want to be successful. I had a great experience to illustrate this.

A unanimous Supreme Court has held that the funds in an inherited IRA do not qualify for exemption in bankruptcy because they do not share the same characteristics as “retirement funds” that traditional IRAs have.

The Internal Revenue Service is being asked to do more to crack down on tax noncompliance by partnerships and S corporations, including requiring more of them to file their tax returns electronically.

A Florida accountant has been arrested and accused of imprisoning three prostitutes in his home, raping the women, acting as a pimp and providing them with drugs.