Practice Management

The Treasury Department said that it has reached the milestone of processing its one-billionth electronic tax payment through its Electronic Federal Tax Payment System.

Positions have hardened on the subject of tax preparer registration and the proposed regulations slated to become final before the program of registering for preparer tax identification numbers begins.

Warren, Averett, Kimbrough & Marino, one of Alabama's largest CPA and business consulting firms, has entered into a long-term recordkeeping and third-party administration service engagement with Dallas-based financial services firm, ISC Group Inc.

A federal grand jury has indicted the owner and former owner of a Hawaiian car dealership, along with their CFO, accountant and others, for tax fraud.

The Senate approved legislation on Thursday that would provide $12 billion in tax breaks to small businesses, along with a $30 billion lending fund.

Senate Finance Committee Chairman Max Baucus, D-Mont., introduced the latest version of the tax cuts extenders bill on Thursday in another effort to extend a large number of tax breaks that have either expired or are about to expire for individuals and businesses, including new incentives for companies to hire workers.

IMGCAP(1)]Sometime in the 1990s a group of marketing types must have gotten together to come up with the next big trend for businesses to use. And did they ever.

Katz, Sapper & Miller LLP has renamed its KSM Business Technology LLC practice as KSM Consulting LLC to reflect the practice’s growing array of business services.

A federal agent has filed a declaration accusing a man of receiving $2.7 million in fraudulent income tax refunds using the names and identities of people listed with several state agencies.

The Internal Revenue Service plans to host a special nationwide open house on Saturday, Sept. 25, to help taxpayers — especially veterans and people with disabilities — solve tax problems and respond to IRS notices.