Practice Management

Eide Bailly is expanding its practice in Scottsdale, Ariz., by adding Rauch, Hermanson, Everroad and Rentschler, effective Oct. 31, 2016.

Democratic presidential nominee Hillary Clinton is proposing to revamp and expand the child tax credit to provide more benefits for low-income families and for eligible families with children age 4 and under.

Warren Buffett just fact checked Donald Trump.

A new IRS test program doubles the dollar limit for people to more easily set up payment plans for their tax debt.

A roundup of our favorite recent tax fraud cases.

Joel Sinkin of Transition Advisors explains in this video why valuations of accounting firms that are being bought and sold are on the decline.

Imagine a partner announces their retirement and your firm buys out the equity stake. Five years later, the partner is still working with and controlling the same client relationships as always. Worse yet, the “retired” partner is getting more and more difficult to work with every day but has been fully paid. What do you do?

The American Institute of CPAs sent a letter Friday to the Internal Revenue Service with 40 recommendations that it wants the IRS to consider when drafting guidance on a new regime for auditing large, complex partnerships.

The Internal Revenue Service added new data elements last tax season to its computer system filters to catch suspected cases of identity theft-related tax fraud totaling $4.1 billion, according to a new report, but it posted information about the secret data elements on its public website IRS.gov before removing it.

Police in India have raided nine call centers in Mumbai and arrested 70 people who were calling phone numbers in the United States pretending to be Internal Revenue Service demanding payment for taxes.