Practice and client management

The House voted to repeal the 2.3 percent excise tax on medical devices and another provision from the health care reform law that prevents holders of health savings accounts from buying over-the-counter medicine without a prescription.

Compliance professionals around the world say they are not ready to handle the demanding requirements of the Foreign Account Tax Compliance Act, according to a new survey.

Here are the areas where a CPA firm could be most useful to retail companies:

A pair of Republican senators have introduced a bill aimed at providing a long-term fix for the expected hike in student loan interest rates.

Rep. Sander Levin, D-Mich., said Wednesday that he plans to introduce a bill to provide tax breaks for small businesses that hire new employees or increase wages as a substitute for a bill being pushed by House Republicans to repeal the medical device tax in the health care law.

With the expiration of the current tax rates approaching at the end of the year, and a deep round of spending cuts looming, a new report sheds light on what effect that would have on the economy and the nation’s debt levels.

The Internal Revenue Service is encouraging tax preparers to take a new competency exam as soon as possible.

A judge has thrown out the convictions of former BDO Seidman chairman and CEO Denis Field and two attorneys who were convicted last year of tax fraud, calling one of the jurors a pathological liar who had falsified her background and tainted the trial.

In an effort to "jumpstart" the U.S. economy and create more jobs, both the House and the Senate passed the Jumpstart Our Business Start-ups (or JOBS) Act, and President Obama signed the JOBS Act into law.

Ginny Hopkins, a waitress who has worked for nearly two decades at a Cleveland restaurant, received a tax refund check for $434,712 in the mail from the Internal Revenue Service instead of the $754 she had been expecting.

Accounting firms need to start paying more attention to their public image

The IRS takes a closer look at local lodging expenses

Six TV shows every entrepreneur should watch.

Are your firm's partners building a bridge, or just welding girders together?

Highlights of the previous month in tax.

As Jan. 1, 2013, approaches, attention is turning once again to the estate tax and the form it should take. The current estate tax regime is set to expire at the end of the year.

There is often a disconnect between what a court directs a taxpayer to do and what is permitted under the Tax Code.

Deloitte and financial software provider BlackLine Systems have formalized a strategic business alliance designed to allow Deloitte’s finance transformation practice to help large organizations automate their account reconciliation and financial close processes, as well as better utilize BlackLine’s software.

The House Ways and Means Committee has passed legislation repealing the tax on medical devices included in the health care reform law and allowing health savings account holders to pay for over-the-counter drugs without a prescription.