Practice management

The National Taxpayer Advocate has recommended that the reporting rules under the Foreign Account Tax Compliance Act and for Foreign Bank Account Reports in effect be merged to simplify the duplicative disclosure requirements that make it difficult for American expatriates to have bank accounts in the foreign countries where they live.

Marc Rosenberg, president of the Rosenberg Associates, discusses succession planning, mergers, firm growth, income per partner and other major trends in the accounting profession from the Rosenberg Survey, in an interview with Accounting Today editor-in-chief Dan Hood.

New York City’s Museum of Sex hasn’t paid any sales taxes for four years and is now facing an $82,192 tax lien from state tax authorities.

The Rainmaker Companies has formed a strategic partnership with Corporate Value Metrics, an organization that helps private businesses increase their value via its Web-based tool, the Value Opportunity Profile.

The Internal Revenue Service has revised the form that employers can use to claim the Work Opportunity Tax Credit for eligible workers, but the certification form must be filed by April 30.

Tax season is finally over. For many, now is a time for some relaxation before ramping back up for summer work.

Thomson Reuters has introduced a Checkpoint Learning Health Care Reform Certificate Program for tax and accounting professionals.

Self-created obstacles to accounting firm growth

The IRS is holding up its end of the chore of filing implications created by the ACA, according to Commissioner John Koskinen’s tax day testimony before a Senate committee.

A tax preparer in Queens, N.Y., has pleaded guilty to 38 counts of aiding and assisting in the preparation of false federal income tax returns and four counts of filing false personal income tax returns.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Some of our favorite recent tax fraud cases.

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

The Web series Nacho Punch recently posted a funny new video for Tax Day satirizing trailers for romantic comedies, this one involving an accountant named Beth and a hapless taxpayer named Ben who fall in love over his taxes.

Scott Fleszar of Thomson Reuters Tax & Accounting talks with Dan Hood of Accounting Today about how accountants should deal with younger consumers who are accustomed to using mobile devices and Web-based services.

The Internal Revenue Service has filed a $70,000 tax lien against Melissa Harris-Perry, a professor at Wake Forest University and host of an eponymously titled cable TV news and talk show on MSNBC.

A group of Democratic lawmakers in the House and Senate have re-introduced legislation that would ban federal contracts for companies that move their headquarters overseas, but only on paper, in order to avoid paying U.S. taxes.

Sen. Ron Wyden, D-Ore., the ranking Democratic member on the Senate Finance Committee, has introduced legislation to support health coverage for unemployed and retired workers.

The U.S. House voted this week to keep the Internal Revenue Service from hitting the nation’s wealthiest mega-donors with gift taxes for their political contributions.

Scott Fleszar of Thomson Reuters Tax & Accounting discusses how accountants and tax practitioners can continue to provide value to their clients as advisors, in an interview with Accounting Today editor-in-chief Dan Hood.