The Latest

WeiserMazars has acquired Lion & Company CPAs, an accounting and advisory firm in Syosset, N.Y., expanding WeiserMazars’ Entrepreneurial Services and Health Care Consulting services.

I know some of you will be able to relate to this. These last two weeks - between tax season, basketball games, and life, we have had take-out or just grabbed “whatever” for dinner every night of the week. My kids know it’s tax season because the evening texts start with “When are you coming home?” and “What’s for dinner?”

Most of the proposals that Hillary Clinton and Bernie Sanders have pitched for taxing the rich won’t go anywhere if Republicans keep control of the House of Representatives, as expected.

The younger generation is beginning to gain more influence at accounting firms.

While the passage of this season’s extenders bill was widely anticipated before the end of 2015, it nevertheless contained some surprises for many observers.

There are many projects that any firm, regardless of size, can implement that, if successfully executed, can create significant performance improvements and reduce the risk of missed opportunities.

TaxBuzz.com has unveiled its list of 50 top-rated U.S. tax professionals as singled out by their clients for superior service.

The IRS Return Preparer Office has begun sending PTIN expiration notices to tax professionals who have not renewed their PTINs. Notices will go to approximately 150,000 PTIN holders.

The U.S. Court of Appeals for the Ninth Circuit has reversed a judgment of the District Court for the Northern District of California in an income tax refund action brought by Al Davis, former principal owner of the Oakland Raiders, and his wife Carol Davis.

A large number of important tax changes go into effect for partnerships this year, along with due dates for business tax returns.