Practice and client management

It's the classic good news/bad news scenario. On the one hand, banks - many groaning under the weight of sketchy loan portfolios, besieged by aggressive regulators and a blizzard of new federal regulations - need all the help they can get from outside experts like CPAs to remain in business.

Washington, D.C. - An Internal Revenue Service advisory committee has issued a report calling for a number of changes in the IRS's information reporting rules, including the controversial provision in the health care reform bill that mandates expanded 1099 information reporting for businesses.

IRS DIDN'T FLAG $111.4M IN ERRONEOUS TAX CREDITS

Proprietary tax research platforms continue to grow despite the availability of free searches and materials over the Internet, with all the major publishers of Internet-based research reporting growth.

Washington, D.C. - An Internal Revenue Service advisory committee has issued a report calling for a number of changes in the IRS's information reporting rules, including the controversial provision in the health care reform bill that mandates expanded 1099 information reporting for businesses.

IRS DIDN'T FLAG $111.4M IN ERRONEOUS TAX CREDITS

Proprietary tax research platforms continue to grow despite the availability of free searches and materials over the Internet, with all the major publishers of Internet-based research reporting growth.

Only a handful of days remain to execute year-end tax strategies. Some techniques for this year reprise traditional advice that has legs year after year, while others, including reaction to whatever this year's lame-duck Congress has wrought, have a unique sense of urgency.

Washington, D.C. - An Internal Revenue Service advisory committee has issued a report calling for a number of changes in the IRS's information reporting rules, including the controversial provision in the health care reform bill that mandates expanded 1099 information reporting for businesses.

IRS DIDN'T FLAG $111.4M IN ERRONEOUS TAX CREDITS

Proprietary tax research platforms continue to grow despite the availability of free searches and materials over the Internet, with all the major publishers of Internet-based research reporting growth.

Only a handful of days remain to execute year-end tax strategies. Some techniques for this year reprise traditional advice that has legs year after year, while others, including reaction to whatever this year's lame-duck Congress has wrought, have a unique sense of urgency.

Washington, D.C. - An Internal Revenue Service advisory committee has issued a report calling for a number of changes in the IRS's information reporting rules, including the controversial provision in the health care reform bill that mandates expanded 1099 information reporting for businesses.

IRS DIDN'T FLAG $111.4M IN ERRONEOUS TAX CREDITS

Proprietary tax research platforms continue to grow despite the availability of free searches and materials over the Internet, with all the major publishers of Internet-based research reporting growth.

Only a handful of days remain to execute year-end tax strategies. Some techniques for this year reprise traditional advice that has legs year after year, while others, including reaction to whatever this year's lame-duck Congress has wrought, have a unique sense of urgency.

Former President Bill Clinton stood alongside President Barack Obama at a news conference and endorsed Obama’s deal with congressional Republicans to extend the Bush-era tax cuts and unemployment benefits.

Senate Majority Leader Harry Reid, D-Nev., has introduced a bill to extend the Bush tax cuts and unemployment benefits.

Security for IRS employees is the top management challenge facing the Internal Revenue Service next year, according to a new government report.

IRS Commissioner Doug Shulman said the IRS may re-open its voluntary disclosure program, offering a partial amnesty to tax evaders who have been hiding money in foreign bank accounts.