Practice Management

When it comes to taxes, corporate America is getting a bit less corporate. And a bit less American.

The American Institute of CPAs has sent a set of proposals outlining its recommendations for permanent tax provisions related to disaster relief.

Senate Finance Committee chairman Orrin Hatch, R-Utah, sent a letter Tuesday to Internal Revenue Service commissioner John Koskinen questioning the agency’s expenditures on office furniture, toys and surveys at a time when the IRS chief has been complaining about budget cuts at the hands of Congress.

The nonprofit organization Tax Analysts has created an interactive bar graph of audit rates to provide information on the chances of being audited by the Internal Revenue Service depending on different business types and individual income levels.

Quite often, firms simply don’t know which engagements, service lines or clients are truly the most profitable.

MapLight, a nonpartisan research organization that tracks money's influence on politics, has released a new analysis of how major tax and accounting organizations are spending funds on lobbying Congress and federal agencies.

Every year, millions of taxpayers miss out on chances to lower their tax bills. They miss deductions or don’t exploit tax breaks designed to lower the costs of education, retirement, and health care.

Swiss banks, for decades the bastions of secrecy, are preaching the virtue of transparency to their U.S. clients as they try to head off billions of dollars in potential fines for helping Americans evade taxes.

Comedian John Oliver, host of the HBO series, “Last Week Tonight,” defended the Internal Revenue Service on his show Sunday evening, with the assistance of singer Michael Bolton.

The Association for Accounting Marketing plans to launch a Business Development Community at its annual conference in June to bring together business developers from various accounting firms.