Practice Management

The American Institute of CPAs has sent comments to the Internal Revenue Service and the Treasury Department on proposed regulations for estate tax basis reporting.

The Federal Accounting Standards Advisory Board is proposing changes in how the federal government accounts for tax expenditures.

In the 2010 movie Robin Hood, a leather-clad Russell Crowe clashes with King John, whose harsh taxes displeased England’s medieval knights and barons. Now the makers of the film have accused Britain’s modern tax collectors of abusing their power by unfairly targeting its stars, including Crowe.

Every state or municipal government will eventually face the question of whether to raise taxes. Since the era of George H.W. Bush, officials answer increasingly "No."

Moss Adams LLP has agreed to combine with Morse Wittwer Sampson LLP, a firm based in Fresno, Calif., effective June 30, 2016.

Kessler Orlean Silver & Co., has merged in The Kaplan Partners LLP of Chicago, effective June 1.

Highlights of some of our favorite tax-related blogs from the past week.

It’s no surprise that the experience of going through a random IRS audit affects future behavior. What is surprising is how the expected change in behavior—increased reporting of taxable income, and presumably, increased compliance—differs from corporations to individuals, and from individuals subject to third-party information to those who are not.

Despite their collective sigh of relief at the end of tax season, the lull that afflicts the profession afterwards can be disquieting.

Wolters Kluwer Tax & Accounting has acquired CPE Link, an online provider of continuing professional education for accountants, tax preparers and financial advisors.