Practice management

Executives at online accounting product maker Xero acknowledged that they still have a lot of awareness work to do in the U.S. market and are hoping new and enhanced product offerings will help grow its partner base – who are primarily accounting firms -- as well as customers.

The Internal Revenue Service has provided transitional relief from penalties for a Section 6050W filer who reports incorrect taxpayer identification number information on Form 1099-K information returns and payee statements filed under Section 6050W of the Tax Code.

The Internal Revenue Service has issued final regulations restricting multinational corporations from bringing net built-in losses from abroad into the U.S.

CCH has issued a new tax briefing to provide guidance and analysis of the Internal Revenue Service’s announcement that all same-sex marriages nationwide will be recognized for federal tax purposes.

Busy season: say it to a room full of CPAs and you get a round of all-knowing nods in return.

The American Legion and other veterans’ organizations are expressing concern over reports that the Internal Revenue Service is requiring them to maintain military service records for their members or face stiff penalties.

Swiss banks will reach final settlements over tax disputes with the U.S. by 2015, according to Patrick Odier, chairman of the Swiss Bankers Association.

Grant Thornton has acquired the Oracle consulting business of MarketSphere, a Kansas City, Mo.-based business consulting firm, which expands Grant Thornton’s Technology Solutions practice.

The Internal Revenue Service has issued temporary and proposed regulations for charitable hospital organizations on how to report any excise taxes for failing to meet the community health needs assessment requirements of the Affordable Care Act.

The Internal Revenue Service plans to make a priority of issuing guidance relating to measurement of a Section 501(c)(4) organization's primary activity and whether it is operated primarily for the promotion of social welfare, including guidance relating to political campaign intervention, in response to recent scandals at the agency.

Approximately 23.4 million individual income tax returns reported nonfarm sole proprietorship activity for tax year 2011, a 1.8 percent increase from 2010, according to newly released statistics from the Internal Revenue Service.

Your firm may be successful today, but everyone knows that success can be fleeting unless you’re continuously thinking ahead to identify and win the next client.

Three different generations offer advice to each other

Tax planning for individuals before year-end

The beginning of your succession planning needs to start with an honest evaluation and plan to address the business fundamentals associated with the new economy.

Tips and tactics for the new wave of digital tools

A roundup of tax news from the previous month

What companies need to know as the IRS shifts its compliance focus

Seeing signs of movement on changing the Tax Code