Practice management

The Internal Revenue Service has opened its new online registration system for financial institutions that need to register with the IRS under the Foreign Account Tax Compliance Act.

The Internal Revenue Service has introduced the IRS Understanding Taxes program, a free online tool designed for classroom use by teachers.

Sageworks said Monday that it will be offering its database of industry statistics on privately held companies for free to all U.S. accounting firms.

The Internal Revenue Service has released a draft version of a new form for reporting on foreign bank accounts under the Foreign Account Tax Compliance Act.

At long last the 2013 Accounting Today VAR 100 list is out and I’d like to give some viewpoints on what we’ve learned about how they got there, what makes a top accounting/ERP channel partner these days and do we really still need the term VAR?

The Internal Revenue Service is going after the estate of Bill Davidson, former owner of the Detroit Pistons and auto industry supplier Guardian Industries, to the tune of more than $2 billion.

The Internal Revenue Service has launched a new Affordable Care Act Tax Provisions site at IRS.gov/aca to educate individuals and businesses on how the health care law might affect them.

Under some circumstances, the provision of services by a corporation to its shareholders is “property” within the meaning of Code Section 317(a), which can result in the IRS finding that there was a constructive dividend to the shareholder.

The Internal Revenue Service has combined parts of several revenue procedures into a new revenue procedure that provides relief to companies that make late elections to become S corporations.

The American Institute of CPAs has written to the heads of Congress’s main tax-writing committee expressing its opposition to a proposed limitation on the use of the cash method of accounting for partnerships, S corporations, personal service corporations and farmers.

Tax research publisher Tax Analysts has filed suit against the Internal Revenue Service, asking a federal court to force the agency to comply with a Freedom of Information Act request and provide training materials used for its guidance in exempt organizations determinations.

I had long suspected that there was a strong disconnect between CPA partners’ perceptions about practice growth initiatives and their actions and behavior.

House Ways and Means Oversight Subcommittee chairman Charles Boustany, R-La., has asked the Government Accountability Office to assess how the Internal Revenue Service examines tax-exempt organizations in the aftermath of recent scandals.

The Internal Revenue Service has released the final regulations for how it will release tax return information to the Department of Health and Human Services to assess a taxpayer’s eligibility for help in buying health insurance coverage under the Affordable Care Act.

Hein & Associates has expanded its cloud solutions offerings though a new partnership with cloud-based business analytics product maker Adaptive Planning.

Americans who currently buy their own insurance through the individual market would receive tax credits averaging nearly $2,700 next year for coverage purchased through new insurance marketplaces under the Affordable Care Act, according to a new study.

The Association for Accounting Marketing will be hiring its first chief executive officer, representing the first staff hire for the national trade association.

U.S. taxpayers filed 145.4 million individual income tax returns for tax year 2011, a 1.7 percent increase from 2010, according to newly released IRS statistics.

House Small Business Committee chairman Sam Graves, R-Mo., has written a letter to the Internal Revenue Service expressing his concerns about the thousands of notices that the IRS is sending to small businesses telling them they may have underreported their income.

The Internal Revenue Service has proposed to extend for up to 10 years the amount of time that taxpayers would have to apply for the “innocent spouse” tax relief program.