Practice Management

CCH has released a special tax briefing providing guidance and analysis of the Internal Revenue Service’s temporary regulations for repairs of tangible property and how they may require companies to change their accounting methods.

By teaching your small business clients how the income statement and balance sheet dictate operating performance and business longevity, you will solidify your role as trusted advisor.

The Internal Revenue Service announced that many of its services will be unavailable over the Labor Day weekend, to accommodate an annual power outage and electric upgrades.

J.H. Cohn CEO Tom Marino said Wednesday that his firm will remain in the Nexia International accounting firm network after it merges in October with Reznick Group, and will be renamed CohnReznick, with him and Reznick managing principal Ken Baggett leading the combined firm as co-CEOs for the next three years.

The Internal Revenue Service is offering a sneak preview of its revamped Web site, which is slated to go live at the end of the month.

The optional reporting of Announcement 2012-19 should be made permanent on the Form 990, according to the American Institute of CPAs.

Small business-focused cloud accounting software provider Wave Accounting has acquired online stock research and investment tracking company Vuro.co.

David Williams, director of the IRS Return Preparer Office, has issued a Facebook “heads up” to preparers who haven’t yet scheduled an RTRP test.

A former tax return preparer from Macon, Ga., has pleaded guilty to filing a false claim for tax refund, theft of government money and aggravated identity theft.

A federal court in Kansas City, Kan., has permanently barred Ahferom Goitom from preparing federal tax returns.