Practice Management

Senate Republicans are allowing a Democratic bill to go forward that would end tax subsidies for major oil producers.

The U.S. Supreme Court held the first day of a three-day hearing on the constitutionality of the Affordable Care Act, starting with a consideration of whether an 1867 law blocks consideration of taxes that have not yet been imposed.

The Internal Revenue Service’s new database for keeping track of the performance of organizations that provide free tax preparation services to low-income and elderly taxpayers leaves something to be desired, according to a new government report.

Rothstein Kass has added HC Associates LLC to its Business Advisory Services Group.

After over a week of speculation, Sage partner SWK Technologies has signed a letter of intent to acquire the assets of Hightower Inc., a Chicago-based Sage business and development partner, including Hightower’s customers and all intellectual property.

BDO USA LLP has elected Wayne Berson as the firm’s next CEO, starting November 1 when longtime CEO Jack Weisbaum retires.

Internal Revenue Service Commissioner Douglas Shulman denied that the agency is targeting Tea Party groups and giving them extra scrutiny before granting them tax-exempt status.

Industry leaders agree a successful business development program must be part of the firm’s strategic plan and be followed with vigilance by all members of the firm.

An H&R Block manager in Southern California has been arrested for using the identities of his former tax preparation clients in an identity theft scheme.

The Internal Revenue Service has been increasing its audits and examinations of high-income individuals in the past year, examining nearly 30 percent of the tax returns of those earning $10 million and more.