Subject Root Tag

National Taxpayer Advocate Nina E. Olson released her 2014 Annual Report to Congress, which expresses concern that taxpayers this year are likely to receive the worst levels of taxpayer service since 2001 when the IRS implemented its current performance measures.

The Internal Revenue Service is closing the last of its overseas taxpayer-assistance centers, saying that years of budget cuts have forced it to end a popular program designed to help U.S. citizens living or traveling abroad.

Taxpayers who file their tax returns on paper could face delays of a week or more on their refunds this tax season because of budget cuts, Internal Revenue Service commissioner John Koskinen warned.

Another key membership group within the Information Technology Alliance consists of the CIOs and IT leaders within some of the largest non-Big Four CPA firms in North America.

The average fee for preparing a tax return, including an itemized Form 1040 with Schedule A and a state tax return, will increase a few dollars to $273 this year, a 4.6 percent increase over the average fee last year, which was $261, according to a survey by the National Society of Accountants.

Open Systems announced the availability of Traverse InstallerX, a fully integrated suite of ERP software for flooring installers and service providers.

A group calling itself the National Academy of Public Accounting Professionals is now accepting nominations for the 2015 "Top 10 Public Accounting Professionals" awards in each state.

Lyle Benson of L.K. Benson & Co., who chairs the AICPA's Personal Financial Planning Executive Committee, talks with Accounting Today editor-in-chief Dan Hood about how accountants can help their clients with planning out their cash flow, expenses, taxes, asset allocation and investment strategy before and after they retire.

The evolution of technology has changed the way businesses operate. While this reality has at times led to a more competitive work environment for accountants, it also provides an opportunity for accountants to enhance their role as a trusted advisor and focus on helping their clients grow their business.

WithumSmith+Brown can always be counted on to release a fun video every year to coincide with their annual State of the Firm celebration, and this year the firm pulled out all the stops.

The Internal Revenue Service has made some changes to its forms this tax season and introduced some new ones as a result of the Affordable Care Act.

The Tax Court has held that a former special agent in the IRS Criminal Investigation division was liable for additional tax and penalties.

A pair of Democratic lawmakers in the House and Senate have re-introduced legislation aimed at preventing the abuse of offshore tax havens by multinational companies.

The American Institute of CPAs has sent a letter recommending various tax reform priorities to the new chairman of the tax-writing House Ways and Means Committee, Rep. Paul Ryan, R-Wis.

Jeffrey Baliban has joined Top 100 Firm Citrin Cooperman as partner. He will work in the firm’s New York City headquarters in the Valuation and Forensic Services group.

Top 100 Firm, CohnReznick LLP, signed a letter of intent to acquire the real estate consulting boutique NOI Strategies. The deal is expected to close Feb. 1, 2015.

The AICPA is set to release the results of the AICPA PFSi (Personal Financial Satisfaction Index), a new economic gauge that measures the personal financial standing of typical Americans, at 7:00 a.m. EST, Thursday, January 15.

The Internal Revenue Service has introduced an International Data Exchange Service that financial institutions and tax authorities in other countries will use to report tax information under the Foreign Account Tax Compliance Act, or FATCA.

Congressman Chris Van Hollen, D-Md., is introducing legislation to provide a “Paycheck Bonus Tax Credit” of $1,000 for every worker, which would be paid for with taxes on financial trading.

David J. Moynihan, a past president of the New York State Society of CPAs and audit partner at the Bonadio Group’s Syracuse office, died early Friday morning after a nearly year-long battle with cancer.