Tax planning

The Marketplace provides you, the tax and accounting professional, a tool to help find the products and services you need to easily and efficiently run your practice or to recommend to your clients. Browse by category below or search by company name.

In November, we devoted a column to the issues surrounding the new return preparer penalty standards under Internal Revenue Code Sec. 6694 enacted as part of the Small Business and Work Opportunity Act of 2007. Those changes focused on the expansion of coverage of Code Section 6694 to tax returns beyond income tax returns; an increase in the penalties imposed, including penalties based on 50 percent of fees derived from return preparation; and an increase in the disclosure standard required to avoid penalties to more likely than not (greater than 50 percent) from a realistic possibility of prevailing on the merits (greater than one third).

The Justice Department has sued two tax preparers it accuses of selling bogus gold-mining tax deductions to pro football players.

Actor Nicolas Cage is battling with the Internal Revenue Service, which has accused him of trying to write off $3.3 million in personal expenses by claiming they belonged to his production company.

The Congressional Budget Office has issued a report on the deductibility of state and local income taxes, looking at the benefits and drawbacks of the system.

The U.S. Supreme Court declined to hear Ford Motor Co.'s appeal in a tax case involving the cities of Seattle and Tacoma, allowing the cities to tax 100 percent of the automaker's wholesale sales in the two Washington State cities, even though the transactions were processed in Dearborn, Mich.

Forty percent of taxpayers plan to file their taxes online this season, up from 34 percent three years ago, according to a new survey.

Two additional defendants have been charged with criminal tax fraud in a tax shelter case involving current and former partners at Ernst & Young.

Chrissie Hynde, lead singer of the Pretenders, rode an Akron bus to show her support for a countywide sales tax increase that would bring increased revenue to the local mass transit system.

Two accounting firms, Mueller Yuva & Osterman and Larson and Associates, have merged to combine their strengths in auditing, estate planning and other services.

The economic stimulus package that President Bush signed into law last week is drawing attention mostly to its tax rebates for individuals, but the bill also contains several provisions that should benefit small and midsized companies.

The Internal Revenue Service wants senior citizens, disabled veterans and retired railroad workers to make sure to file a tax return in order to receive a rebate, even if they don't normally do so.

As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.

The Internal Revenue Service has issued Revenue Procedure 2008-16, which provides a safe harbor under which the IRS will not challenge whether a property that is rented to others but also occasionally used by the owners for personal purposes qualifies as property that may be exchanged in a like-kind exchange under Section 1031 of the Tax Code.

The Georgia Senate has approved a bill that will do away with the state portion of the property tax.

Accounting firm Lopez Levi PA has merged two local South Florida firms into its practice to expand its range of services.

As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.

The Internal Revenue Service said it has begun successfully processing the five tax forms affected by the long-delayed patch for the alternative minimum tax.

As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.

The Internal Revenue Service said that even people who do not normally file tax returns because of their low incomes would need to file this year in order to receive an economic stimulus payment.