Practice Management

The processes used by the Internal Revenue Service to verify taxpayers’ income and withholding status are inadvertently resulting in the issuance of potentially fraudulent tax refunds, according to a new report.

Finagraph CEO James Walter discusses how the improved customer satisfaction from new forms of customer-facing technology positions an accountant as a trusted advisor and can significantly increase client engagement and revenue.

Former XCM Solutions west coast operations director Kim Hogan has joined Intuit as part of its growing team to help accountants transition QuickBooks clients to the cloud and QuickBooks Online in particular.

The Internal Revenue Service’s Criminal Investigation unit does not always coordinate with the IRS’s civil compliance functions when it becomes aware of an abusive tax preparer or promoter, according to a new report that suggested improved communication would allow the IRS to further explore all potential civil and criminal remedies in such cases.

Intuit is forecasting increased demand for accountants who can provide financial information to their small business clients anytime and anywhere through the use of remote technology.

The amount of money the federal government receives from corporate income taxes has been declining since 2008, mainly because of the recession, according to a new government report.

Jennifer Warawa of Sage North America and Jody Padar of New Vision CPA Group discuss the beauty of the accounting profession against the beautiful backdrop of Yosemite National Park during a stop on the Sage Listens tour.

A former UBS AG banker surrendered to U.S. authorities to face a 2011 indictment that he conspired to help wealthy Americans evade taxes by hiding accounts in a smaller Swiss regional bank.

A Florida psychiatrist who helped her husband build two Caribbean medical schools was found guilty by a federal jury of tax charges related to offshore accounts.

Thomson Reuters has released an updated special report on the tax changes in the Affordable Care Act, which have become more relevant now that the health insurance exchanges have opened for business in many states, despite the technical glitches on the federal site.