Practice Management

The management of the IRS was “delinquent” in its treatment of Tea Party groups seeking nonprofit status and the agency’s poorly planned efforts to address the issue “ended in predictable failure,” according to a U.S. Senate report released on Wednesday.

Former Internal Revenue Service commissioner Mark Everson has filed a complaint with the Federal Election Commission objecting to being left out entirely of Fox News’s Republican presidential debate.

Leaders of the Senate Finance Committee have released a bipartisan investigative report on the scandal involving the extra scrutiny the Internal Revenue Service’s gave to applications for tax-exempt status from political groups, finding evidence of mismanagement at the agency.

Serving nonprofit clients requires a distinct skillset from CPAs and auditors.

If residents of a state change domicile to another state and earn income in the new state, are they off the hook for state income tax in the state where they no longer reside?

Check out the digital edition of the August 2015 issue of Accounting Today.

A bipartisan U.S. Senate bill that would revive and extend dozens of lapsed tax breaks would spur economic growth and cover about 11 percent of its own costs, according to Congress’s nonpartisan scorekeeper.

If the beneficiary of a deceased owner of an individual retirement account fails to comply with the post-death required minimum distribution rules and the other post-death IRA distribution rules, then the beneficiary can be subject to penalties from the Internal Revenue Service.

Congress has effectively overruled the Supreme Court by extending the time period for auditing certain types of tax returns.

TaxBuzz, an online directory of tax professionals, has released a new service to help its users verify their providers' identity and trustworthiness.