Practice Management

Mitt Romney, the presumptive Republican presidential nominee, admitted he has been audited by the Internal Revenue Service.

Democrats on the House Ways and Means Committee introduced on Monday a version of the middle-class tax cut extension legislation that passed the Senate last week.

Wolters Kluwer Tax & Accounting said Monday that Mike Sabbatis will step down as president and chief executive of the CCH business unit, making way for Karen Abramson, who will fill the role in September.

Hayflich & Steinberg PLLC, of Huntington and Grigoraci, Paterno & Associates of Charleston have agreed to become one

Rep. Dave Camp, R-Mich., the chairman of the tax-writing House Ways and Means Committee, is scheduled to undergo treatment for non-Hodgkins lymphoma.

The Internal Revenue Service is not always fully reimbursed for services it provides to other federal government agencies, according to a new report.

Speaker of the House John Boehner, R-Ohio, said he would allow a vote next week on legislation that House Democrats plan to introduce to extend the expiring Bush tax cuts for middle-class taxpayers, while Republicans also plan a vote on their own proposal to extend tax cuts for taxpayers at all income levels.

The former manager of a Long Island-based Jackson Hewitt office has pleaded guilty to preparing a false tax return after being accused of helping prepare numerous false returns.

With summer already about halfway over, shoppers in several states can expect sales tax breaks on the purchase of various school-related goods in upcoming weeks, according to CCH.

As uncertainty continues to surround the economy, companies of every size are seeking new ways to maintain high operating standards and stay competitive, while keeping bottom lines from shrinking further.