Practice Management

As corporate responsibility and sustainability becomes more ingrained in financial reporting among U.S. companies, a number of CPA firms are seizing opportunities to meet rising investor demand for that non-financial information - specifically dealing with a company's environmental and social and governance footprint.

KPMG BUYS INDIRECT TAX BIZ FROM THOMSON REUTERS

If FATCA isn't keeping you awake at night, it should be, according to practitioners. Ditto for FBAR.

Every business owner knows the drill: We made a profit this year so we need to spend our cash to save on taxes. I want to challenge you to think differently this year to “save cash,” not “save taxes.”

The New York City Department of Consumer Affairs conducted a two-week-long enforcement sweep of tax preparers across the city and issued violations to one out of every three preparers it inspected, mainly for violating laws governing refund anticipation loans and disclosure of their true qualifications and fees.

The Internal Revenue Service disallowed nearly $1.6 billion in erroneous First-Time Homebuyer Tax Credits, but could have flagged even more, according to a new government report.

CPA and business advisory firms Bartolomei Pucciarelli and Ballezzi & Associates have merged, effective immediately.

Now that the payroll tax cut extension is safely out of the way, the latest tax legislation gambit in Congress appears to be a tongue-in-cheek effort to provide an annual $250 tax deduction for people with mustaches.

The American Institute of CPAs told the Internal Revenue Service Oversight Board at a hearing Tuesday that the IRS needs to improve its correspondence audit program to lessen the burden on taxpayers.

Less than a week after calling off a planned merger with Eide Bailly, Wipfli said Tuesday that the partners and associates of Wisconsin-based Tobin & Associates have joined the firm.