Practice management

When I became a partner emeritus, it meant that it was time to slow down and work less.

The IRS has begun accepting applications and renewals of the Preparer Tax Identification Numbers required of professional tax preparers.

A measure that would put the brakes on the Department of Labor's proposal to establish a fiduciary standard for advisors to retirement plans was approved by the U.S. House of Representatives in a largely party-line vote on Tuesday.

Caesars Entertainment Corp. was cited by the Internal Revenue Service for Bank Secrecy Act violations, according to a letter from U.S. investigators notifying the company of a money-laundering probe.

At this point, most companies and even accounting firms have a profile on some sort of review site like Yelp, CitySearch or Google Local.

The Treasury Department and the Internal Revenue Service have released a document containing proposed guidance for foreign financial institutions as the next step in implementing the Foreign Account Tax Compliance Act in an effort to combat offshore tax evasion.

This month, software vendor partner veteran Terry Petrzelka looks at where smaller consulting firms fit into a rapidly changing publisher/partner world, where their future lays, as well as how firms of all sizes may better use social media.

Accounting firm technology “pioneers” can generate higher profits and revenue, according to a new study by CCH.

The Internal Revenue Service needs to improve the system it uses to assess the quality of the correspondence audits it conducts with taxpayers as the IRS’s own quality review system failed to detect errors in more than half of the IRS’s penalty determinations, according to a new report.

Weaknesses in the controls over asset management at the Internal Revenue Service leave the IRS’s information technology assets vulnerable to loss, according to a new government report.

A home office is the work reality for many CPA consultants and tax preparers. It beckons with the promise of an easy commute, and the comfort of working in your pajamas. It provides the flexibility of working when you want to. It can also save thousands of dollars that would otherwise be spent on rent. What’s not to love?

The processes used by the Internal Revenue Service to verify taxpayers’ income and withholding status are inadvertently resulting in the issuance of potentially fraudulent tax refunds, according to a new report.

Finagraph CEO James Walter discusses how the improved customer satisfaction from new forms of customer-facing technology positions an accountant as a trusted advisor and can significantly increase client engagement and revenue.

Former XCM Solutions west coast operations director Kim Hogan has joined Intuit as part of its growing team to help accountants transition QuickBooks clients to the cloud and QuickBooks Online in particular.

The Internal Revenue Service’s Criminal Investigation unit does not always coordinate with the IRS’s civil compliance functions when it becomes aware of an abusive tax preparer or promoter, according to a new report that suggested improved communication would allow the IRS to further explore all potential civil and criminal remedies in such cases.

Intuit is forecasting increased demand for accountants who can provide financial information to their small business clients anytime and anywhere through the use of remote technology.

The amount of money the federal government receives from corporate income taxes has been declining since 2008, mainly because of the recession, according to a new government report.

Jennifer Warawa of Sage North America and Jody Padar of New Vision CPA Group discuss the beauty of the accounting profession against the beautiful backdrop of Yosemite National Park during a stop on the Sage Listens tour.

A former UBS AG banker surrendered to U.S. authorities to face a 2011 indictment that he conspired to help wealthy Americans evade taxes by hiding accounts in a smaller Swiss regional bank.

A Florida psychiatrist who helped her husband build two Caribbean medical schools was found guilty by a federal jury of tax charges related to offshore accounts.