Tax

A merger between two corporate tax prep firms in Australia aims to give new competition to the Big Four.

Senate Democrats have proposed legislation that would roll back $17 billion in tax breaks for oil and gas companies and impose a 25 percent windfall profits tax on the companies.

The Internal Revenue Service's Electronic Crimes Program needs to have more controls in place, says a new report.

The New York State Society of CPAs plans to hold its 29th Annual New York CPA Business & Technology Show & Conference on May 14 and 15 at the New York Hilton Hotel, featuring Tracy Byrnes of Fox Business News and IRS Special Agent Mike Minto as speakers.

The Tax Court issued an unusually stern rebuke to the Internal Revenue Service in a case it decided last week involving a huge group of tax shelter defendants.

A memo from the Internal Revenue Service's Large and Mid-Sized Business Division introduces new LMSB Procedures for tax return preparer penalty cases.

Amper Politziner & Mattia has merged with Goldenberg Rosenthal to create one of the largest regional firms in the Northeast.

Three accounting firms based in Jackson, Miss., are combining with CPA firm BKD LLP.

With the current estate tax regime set to expire in 2010, it’s time to consider what comes next, say the nation’s tax experts.With that sunset date fast approaching, the Tax Division of the American Institute of CPAs has taken its comprehensive reform proposal and boiled it down to a top-seven priority list of suggested reforms that it urged Congress to pass prior to the expiration date.

The Treasury Department said it has sent out 7.708 million economic stimulus payments, or tax rebates, in the first week, totaling $7.091 billion.