Tax

The American Institute of CPAs held its annual ritual this week of visiting lawmakers’ offices on Capitol Hill to press the case for tax simplification, a ban on tax patent strategies, changes in tax-filing due dates, and other legislative priorities.

The House Ways and Means Committee held a hearing Tuesday on how other countries have used tax reform to help their companies compete globally.

The National Society of Accountants has begun offering a new self-study course to prepare for the exam that the Internal Revenue Service will require all registered tax return preparers to pass.

The Justice Department has filed an antitrust lawsuit to prevent H&R Block from acquiring the company that develops the tax software TaxAct.

The American Institute of CPAs kicked off its 2011 Spring Meeting of Council on Sunday with a discussion of the Institute’s legislative priorities.

A bipartisan pair of U.S. senators from Florida, Democrat Bill Nelson and Republican Marco Rubio, have introduced a bill that would simplify the tax-filing requirements of senior citizens.

Accounting and consulting firm BDO USA LLP has been named a Preferred Implementer by CCH of its Global Integrator international tax system.

Senate Democrats failed to muster enough votes to advance a bill that would have eliminated tax credits for the five largest oil and gas companies.

Accountants across the nation barely had time to recover from the 2011 tax season before being buried under a blizzard of new tax law changes approved by dozens of state legislatures from Harrisburg to Honolulu.

The House Ways and Means Committee held a hearing on the current structure of international tax rules and how they might be hampering American employers in global markets.