Practice and client management

Democrats on the House Ways and Means Committee introduced legislation Tuesday to extend the Earned Income Tax Credit, the Child Tax Credit and the American Opportunity Tax Credit for tuition and related expenses.

House Republicans introduced legislation Tuesday to prevent the Bush tax cuts from expiring.

Cloud accounting software provider Wave Accounting has launched new tools to connect accountants and bookkeepers with Wave's nearly 300,000 small business customers, in an effort to help the accounting community grow their business, as well as that of the company.

An increasing number of business entities, including investment funds like the Carlyle Group, along with private hedge funds, private equity firms and venture capital funds, largely escape Internal Revenue Service audits due to the way they are organized, according to a new report.

I have a confession to make: I love business cards. Let me explain.

New estimates from Congress’s Joint Committee on Taxation indicate that millionaires would benefit a disproportionate amount from extending the tax cuts for income at all levels.

Mike Braun, online marketing manager at BizActions, discusses how to make effective videos to attract business.

A new study estimates that at least $21 trillion and up to $32 trillion of unreported private financial wealth has been hidden by wealthy individuals in secret tax havens at the end of 2010, a sum equivalent to the size of the U.S. and Japanese economies combined.

Senators Jack Reed, D-R.I., and Chuck Grassley, R-Iowa, have introduced bipartisan legislation to strengthen the Securities and Exchange Commission’s ability to crack down on securities law violations.

Orlando-based CPA firm Berman Hopkins Wright and LaHam CPAs has partnered with Direct Retirement Solutions to establish Berman Hopkins Retirement Solutions LLC, a retirement planning, consulting and advisory services company for businesses throughout the Southeast.

It’s not just the presence of taxes, it’s the anticipation of the future tax landscape that plays a decisive role in decisions made by small businesses.

Faced with possible dissent in their party, U.S. Senate Democrats are dropping estate tax language backed by President Barack Obama from their proposal to extend most George W. Bush-era tax cuts through 2013.

Democrats on the House Ways and Means Committee have introduced a bill to provide tax credits to businesses that brings jobs and business operations back to the U.S. from abroad.

The Internal Revenue Service is sending out warning letters to paid tax preparers who fail to submit Form 8867 checklists with tax returns that claim the Earned Income Tax Credit.

Accountants and their small business clients share similar challenges of complex regulations and the pressure to lower fees and prices, according to a new poll.

Thomson Reuters has enhanced its ONESOURCE Transfer Pricing software with updated data collection features.

The single-engine airplane that was flown by an enraged pilot into an Internal Revenue Service building in Austin, Texas, in February 2010 cost the agency $38.6 million, according to a new government report.

Rep. Sander Levin, D-Mich., the ranking Democratic member of the tax-writing House Ways and Means Committee, plans to introduce legislation that would require Presidential candidates to make public 10 years of tax returns and disclose any overseas accounts.

An IRS project to assess the services of tax return preparers by visiting them around the country has been correctly implemented, but its effectiveness remains to be determined, according to a new report.

The Internal Revenue provided information Tuesday on how the Foreign Account Tax Compliance Act will be administered.