Practice and client management

Now that the compliance deadlines for the Foreign Account Tax Compliance Act, or FATCA, are in sight, foreign banks and other financial institutions are finally getting their systems in order, even though there are still some holes in what the Treasury Department and the Internal Revenue Service are providing.

The Internal Revenue Service has released the 2015 inflation-adjusted deduction limitations for annual contributions to a health savings account.

In a brief filed with the U.S. Supreme Court on March 17 and scheduled for a hearing April 23, Michael Clarke and his partners in Dynamo Holdings LP argued that they are entitled to a limited evidentiary hearing to show that summonses were issued improperly by the IRS as retribution for their refusal to extend a statute of limitations.

The Internal Revenue Service and other U.S. agencies awarded about $415,000 in contracts to a license plate-tracking company before Homeland Security leaders dropped a plan for similar work amid privacy complaints.

The IRS has begun accepting registrations for its 2014 Nationwide Tax Forums, and is offering discounted registrations to those who sign up early.

While an award program for IRS employees complies with federal regulations, some employees with tax and conduct issues received awards, according to a report released publicly by TIGTA.

Smaller budgets have hurt the Internal Revenue Service’s performance, according to a new government report.

Ah, tax season. We look forward to it all year! Or expect it all year, or dread it…let’s just say we are all aware of this annual event.

Many accounting firms go through ups and downs with their marketing and business development efforts.

The IRS has some advice for taxpayers who may have missed the April 15 tax filing deadline.

Some of our favorite recent tax fraud cases.

As the number of large partnerships involving 100 or more direct partners continues to grow, the Internal Revenue Service is taking a closer look at them, according to a new government report.

Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing, in an interview with Accounting Today managing editor Tamika Cody.

I started my third job one year and seven months after I graduated college. I was hired as a “junior” but felt I was more experienced since I was doing “higher level” work at my previous job.

The Internal Revenue Service has arranged to pay Microsoft extra money to continue to support its old Windows XP computers beyond the cutoff date that Microsoft has imposed for supporting the old operating system.

The Internal Revenue Service is anticipating the chances of a tax return being audited to be the lowest in years.

The accounting and advisory firm Baker Tilly Virchow Krause has introduced an interactive online mapping tool that helps users determine if a business or development project may qualify under various criteria for the New Markets Tax Credit or Low-Income Housing Tax Credit program.

Almost three quarters (72 percent) of small-business owners have changed their CPA or accounting firm at least in part because the firm only gave them “reactive service,” instead of proactive advice, according to a new survey.

The RNC has filed a lawsuit against the IRS for withholding records sought by a 2013 Freedom of Information Act request.

Despite the late start to tax season, the Internal Revenue Service generally kept pace with last year, according to a government report.