Practice Management

A large number of important tax changes go into effect this year. Many were ushered in by the Protecting Americans from Tax Hikes (PATH) Act of 2015, although legislation enacted earlier in 2015 and in 2014 also contributed a fair share. Still other changes are the result of various administrative pronouncements by the IRS.

Rucci Bardaro & Falzone acquires Jensen Malley & Company; and Jarrard, Nowell & Russell merges in Biddlecomb Game & Wise.

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, along with a group of other Senate Democrats, have introduced legislation to make the Saver's Credit into a refundable tax credit to help more working families and middle-class Americans save for retirement.

The Internal Revenue Service said it resumed processing individual and business tax returns at approximately 5 p.m. Thursday following resolution of its system outage.

A video preview of the February 2016 issue of Accounting Today, with stories about firm mergers, tax extenders and more.

At least one state looks to fatten up on cookies, the bits of computer code that websites leave on computers and smartphones to track user data and to improve website experience, by claiming it establishes nexus for sales tax purposes.

The Internal Revenue Service’s new security measures this tax season to counter identity theft and tax fraud appear to be having little impact so far on criminals, according to a security expert who monitors the online chat rooms where fraudsters swap taxpayers’ sensitive personal and financial information.

Klatzkin & Co.’s Stephen Klein shares the biggest mistakes business owners make

Ninety percent of the records in the Internal Revenue Service’s Excess Collection File represent $4.75 billion in credits to which taxpayers no longer have a legal claim, according to a new government report.

Check out the digital edition of the February 2016 issue of Accounting Today.