Practice management

Bloomberg BNA has released a new edition of Unclaimed Property, its Tax Management Portfolio on escheatment and unclaimed property laws.

Victims of the mid-July severe storms, tornadoes, straight-line winds, flooding, landslides and mudslides in parts of Kentucky may qualify for tax relief from the IRS.

When you provide a time-based fee, and the client trusts your judgment and ability, it becomes a go. With a fixed fee, it becomes an unknown shot in the dark.

A roundup of some of our favorite recent tax fraud cases.

With an estimated 75 percent of CPAs expected to retire over the next 15 years, according to the AICPA, CPA firms are under pressure to recruit and retain a sufficient number of young accountants to keep the business going.

It’s the beginning of the end of the filing date disconnect between foreign bank account reports and income tax returns.

The Internal Revenue Service has issued final regulations for determining a taxable beneficiary’s basis in a term interest in a charitable remainder trust upon a sale or other disposition of all interests in the trust, to the extent that basis consists of a share of adjusted uniform basis.

The Internal Revenue Service said it will not assert that an individual whose personal information may have been compromised in a data breach must include in gross income the value of the identity protection services provided by the organization that experienced the data breach.

More than 75 percent of accounting firms cited revenue growth as the primary purpose of their marketing efforts, according to a new study of professional services marketing.

The Internal Revenue Service has issued final and temporary regulations removing the automatic 30-day extension of time to file information returns on forms in the W-2 series, with the exception of Form W-2G, in an effort to combat tax-related identity theft, starting in 2017.

The IRS is looking for applicants for vacancies on the Advisory Committee on Tax Exempt and Government Entities, or ACT, which provides advice and public input on the various areas of tax administration served by the Tax Exempt and Government Entities Division.

After years of passing on more and more health-care costs to employees, companies are slowing their adoption of high-deductible plans next year, according to a survey of more than 100 large U.S. employers.

By definition, analytical procedures involve a process of analytically detecting ways to decrease time and increase efficiency.

Members of the House Ways and Means Oversight Subcommittee sent a letter Wednesday urging the Internal Revenue Service to return money it had seized from a Maryland farming couple simply because they deposited money in the bank in amounts under $10,000.

Some of our favorite recent tax fraud cases.

Highlights of some of our favorite tax-related blogs from the past week.

Employees of the Internal Revenue Service, the Treasury Department and dozens of other federal agencies and departments have elected a new president of the National Treasury Employees Union, Tony Reardon.

Hillary Clinton has rolled out a plan to make college affordable that her presidential campaign has dubbed the New College Compact, enabling students to pay for higher education without taking out costly student loans.

Many tax practitioners will meet holders of foreign accounts who have either deliberately or unintentionally failed to accurately report their foreign accounts and will need to advise them on the best way to make the disclosure to the Internal Revenue Service.

A federal appeals court has reversed a Tax Court decision in favor of an unmarried couple, finding the mortgage debt limit provision in the Tax Code applies on a per-taxpayer basis and allowing each of them to deduct mortgage interest up to the $1.1 million limit.