Practice and client management

An Arizona tax preparer has been indicted for filing 84 tax returns fraudulently claiming the First-Time Homebuyer Tax Credit.

An audit by the Government Accountability Office of the Securities and Exchanges Commission’s Investor Protection Fund financial statements for fiscal years 2011 and 2012 found two areas of significant deficiency in the SEC’s internal controls.

As the April 15 deadline for filing taxes approaches, a federal prosecutor and the head of the IRS Criminal Investigation’s Newark Field Office are reminding taxpayers to accurately and completely fill out their returns and make sure they file them on time, while pointing out that not all tax preparers are honest.

The average individual taxpayer would have needed to shoulder an estimated $1,026 last year to make up for the revenue lost to the offshore tax havens used by corporations and the wealthy, while small businesses would have to pay an extra $3,067 to cover the cost of offshore tax breaks used by large corporations, according to a new study.

Product enhancements, partnerships, and pounding of the proverbial chest were abound over the past week -- all of this just as conference season is about to get into full swing, right after tax season of course.

President Barack Obama’s budget proposal would cap multimillion-dollar tax-favored retirement accounts like the one held by Mitt Romney, his Republican rival in 2012.

President Barack Obama’s budget plan will incorporate deficit-cutting proposals that include changing the calculation for Social Security cost-of-living increases and tax brackets, according to a White House statement.

Accounting services and technology consultancy Armanino has selected to move its small business outsourcing clients from their current accounting platforms to Xero, making them the largest firm thus far to do so.

Signs seem to be mixed these days on how well we're doing in the wake of the economic turmoil that has afflicted us. But in addition to the stock market and slight rise in employment, there's good news in the marketplace for sales of small businesses.

The Internal Revenue Service has issued proposed regulations on the requirement that charitable hospitals conduct community health needs assessments and adopt implementation strategies at least once every three years.

Find out what accounting firm switched to the feline marketing craze…

The Internal Revenue Service is often unable to process tax payments made in foreign currencies on a timely basis or at favorable exchange rates, according to a new government report.

Spending on outsourcing of accounting and finance functions is expected to reach over $25 billion around the world this year, according to a new report.

Those that know me, know that I do not like extensions. However, there are valid reasons for extensions, and here are 15 of them:

Spring is a time of optimism, so it’s a great time for accounting firms to look for fresh opportunities to grow the business. Here are five ways accounting firms can “fertilize” their existing efforts in order to jumpstart their business and grow deeper, stronger roots with clients.

The American Institute of CPAs has written to the Internal Revenue Service agreeing with the IRS’s proposed guidance governing how to report the cancellation of debt, but suggesting some changes as well.

Management consultant and veteran VAR Terry Petrzelka answers some key questions on how today’s VARs differ from even just a few years ago and how they can and need to progress to remain in business.

More than a third of U.S. adults expect to spend their tax refunds this year on meeting everyday expenses, according to a new survey by the American Institute of CPAs, as the expiration of the payroll tax cut takes a bite out of workers’ take-home pay.

When you need something done right -- whether it’s legal, medical or even automotive -- everyone knows that a specialist is better than a generalist.

With less than two weeks to go in tax season, the IRS has unveiled six key points about self-employment and self-employment taxes