Practice Management

The American Institute of CPAs has written a letter to the Internal Revenue Service and the Treasury Department asking for changes in proposed regulations for tax practitioners.

It looks like U.S. dealmakers may have their hands full with M&A transactions next year.

Failure by Congress to act on the alternative minimum tax by year’s end will lead to “significant” delays in tax filing and a strain on taxpayers, said Steven Miller, the Internal Revenue Service’s acting commissioner.

President Barack Obama again warned lawmakers that the U.S. economy will suffer unless there’s an agreement on a way to prevent more than $600 billion in automatic spending cuts and tax increases from taking effect.

Referrals and word of mouth remain the strongest marketing tool for tax preparers and other professionals, and as the 2013 tax season looms, here are some valuable tips for preparers to use referrals in their practice.

While improvements have been made in the Internal Revenue Service’s information technology systems over the past year, the IRS still needs to do more to protect sensitive financial and taxpayer data and deliver new systems, according to a new report.

The Internal Revenue Service has released interim guidance and final regulations on the medical device excise tax that was included as part of the Affordable Care Act.

Seattle-based Top 15 Firm Moss Adams LLP has announced that it will merge with Silicon Valley-based Top 100 Firm Mohler, Nixon & Williams, boosting their combined presence in Northern California. The deal has been approved by partners at both firms, and is due to go into effect on Jan. 1, 2013.

John Karaffa had the right stats to found ProSport CPA five years ago, an accounting firm that serves professional athletes, as both an athlete and one that played abroad, like many of his clients.

Witt Mares PLC and PBGH LLP have agreed to merge. The deal is expected to take effect on Jan. 1, 2013.