Tax practice

House Republicans say they’re determined to simplify the U.S. tax code. A long-awaited provision in the massive tax bill they unveiled Thursday, a special rate for “pass-through” businesses, could do exactly the opposite.

A few months ago I suggested that becoming an expert generalist as a niche was a possible career track for someone in a larger firm. I received a lot of feedback that caused me to rethink the column, and I have.

The first of two articles on the draft tax forms and instructions for the 2017 tax year released by the IRS.

Many accountants have just completed their “second” tax season finalizing the extended returns, and life must go on.

The Internal Revenue Service is offering tax relief to victims of Hurricane Maria in Puerto Rico, along with victims of the other recent monster storms, Harvey and Irma.

Liberty Tax said Wednesday its board terminated founder John Hewitt as the tax preparation chain’s CEO on Tuesday.

Happy Tax has acquired Opportunity Tax and Insurance, a franchise network of eight storefront tax preparation and insurance sales offices in North Carolina, Georgia and Florida, and announced a partnership Monday with Santa Barbara Tax Products Group, a subsidiary of Green Dot, to provide refund advances and refund transfers.

Hilderbrand & Clark, a CPA firm based in San Ramon, Calif., disclosed it detected unauthorized access to its computer systems from abroad while filing tax returns.

Accountants may be extremely comfortable offering expertise on tax-related savings or advice on expense and cash management, but they may be less accustomed to steering clients to take specific steps to grow revenue.

An NAEA survey reveals the most common reasons taxpayers receive CP2000 notices.