Practice Management

A tax preparer in the Bronx, N.Y. has pleaded guilty to operating a $4.8 million Ponzi scheme and faces up to 11 years in prison.

The global tax services firm Ryan has signed an agreement to acquire another large tax services firm, WTP Advisors.

An Internal Revenue Service employee was arrested last week after knocking a woman unconscious at a Pittsburgh Steelers game and then trying to bribe several police officers to cover up the incident.

These five quotes were pulled directly from a random selection of CPA firm websites (if you go to your website, I bet something like this is on there too):

A former Internal Revenue Service agent in Houston who was fired for carrying a ritual dagger as an article of her Sikh religious faith has won a settlement with the federal government allowing her to bring it into federal buildings.

Wolters Kluwer CCH has released a new tax briefing document analyzing the federal tax legislation outlook along with strategies that taxpayers and businesses should consider for reducing their income taxes.

The Internal Revenue Service has issued guidance clarifying the impact that a 2014 rollover of an individual retirement arrangement has on the one-per-year limit imposed by the Tax Code on tax-free rollovers between IRAs.

The Internal Revenue Service needs to increase the number of business tax returns and information returns that are filed electronically, recommends a new government report.

I once worked for someone who told me he lost clients that went into a partnership with the partner’s accountant. He said he then started working hard to be “the other guy’s accountant!” Me too!

The IRS is reminding tax professionals and taxpayers that procedures kick in this January to limit to three the number of refunds electronically deposited into a single financial account or onto a pre-paid debit card.