Practice Management

A new analysis by Congress’s nonpartisan Joint Committee on Taxation found that 51 percent of U.S. households did not pay any federal income tax in 2009.

A U.S. Postal Service worker has been found guilty of participating in a scheme to steal millions of dollars in federal tax refund checks from the U.S. mail.

President Obama repeated his demand for Congress to eliminate an estimated $4 billion in tax breaks for the major oil and gas companies.

The Internal Revenue Service said Monday it is accepting applications for the Internal Revenue Service Advisory Council, which provides a public forum for IRS officials and representatives of the public to discuss relevant issues regarding federal tax administration.

The Internal Revenue Service received an award for the written clarity of its official notices, while insurance provider CareFirst Blue Cross Blue Shield of Maryland received an award for the most confusing language.

WTP Advisors has acquired the transfer pricing and international structuring business of Michael J. Flaherty LLC.

An Ohio CPA has pleaded guilty to charges that he helped clients file false tax returns claiming investments in gas wells.

A number of years ago, a gaming and hospitality analyst whom I'd interviewed a number of times was fired after he told The Wall Street Journal that a certain casino in Atlantic City was basically a house of cards and would not survive.

Marketing professionals are fond of telling clients to look to the logo and beyond when it comes to branding. But for many CPA firms, the economic downturn had managing partners' eyes trained on only one line - and it wasn't underlining a focus-group-tested font.

The Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, which passed Congress on April 5, 2011, eliminates two recently enacted 1099 reporting requirements that were to take effect in 2012. Still on the books, however, are a couple of new 1099 reporting requirements effective for 2011.