Practice management

Beginning Jan. 1, 2014, many large employers will be subject to the "play or pay" mandate, under which they must either play by offering their full-time employees and their dependents affordable health insurance coverage that provides minimum value or pay a penalty, referred to as the "play or pay penalty" or "shared responsibility penalty."

The IRS has released two notices related to employer-sponsored health plans under the Affordable Care Act.

Tea Party groups were more likely than self-identified “progressives” to be given extra scrutiny for political involvement by the Internal Revenue Service from 2010 through 2012, according to the Treasury Inspector General for Tax Administration.

Legal matters, mega alliances, and yet another cloud bookkeeping product on the market were the big items on tap this week and I'm here to tell you what I think about it all.

The U.S. Supreme Court’s decision to overturn the core of the Defense of Marriage Act will narrow the financial gap between gay and straight couples.

Everything you need to know about the DOMA ruling but were afraid to ask ...

The next time a client complains about the complexity of our tax system, tell them about the proposed financial transactions tax, or FTT. The European Union is moving close to agreeing on an FTT that at the beginning will apply to 11 member states, including France and Italy.

The two leaders of the Senate Finance Committee have offered to take a “blank slate” approach as a starting point for tax reform, in which there would be virtually no tax breaks available, and called on their Senate colleagues to provide suggestions on which tax provisions need to be added back and improved in a reformed tax code.

Oracle, NetSuite and Deloitte have formed a strategic alliance focused on plans to deliver integrated human capital management(HCM) and ERP cloud services for midsized customers.

CPA firms are wrestling their way through partner retirements and the accompanying succession issues in numbers that the profession has never seen before.

An Internal Revenue Service deputy director whose office awarded more than $500 million in contracts to a friend’s technology company wouldn’t testify before a congressional committee.

BDO USA LLP has tapped into Alaska, Minnesota and the Northeast for its latest additions.

National Taxpayer Advocate Nina Olson’s latest mid-year report to Congress calls the IRS “an institution in crisis,” with its many problems affecting its ability to conduct its mission.

The Supreme Court has struck down the Defense of Marriage Act and California’s Proposition 8, awarding supporters of same-sex marriages wins that have major tax implications.

The owner of a New Jersey tax preparation business pleaded guilty to willfully preparing false tax returns for clients.

The Internal Revenue Service’s purchase card program lacks consistent oversight to identify and address inappropriate use, such as overspending on meals, according to a new government report.

A federal appeals court in Washington, D.C., has scheduled oral arguments for September 24 to hear the Internal Revenue Service’s appeal of Loving v. IRS, the case in which a trio of independent tax preparers successfully sued the IRS to suspend its mandatory testing and continuing education requirements for tax preparers.

Epicor Software Corporation is seeing some advancement in its lawsuit against Alternative Technology Solutions as the U.S. District Court for the Central District of California entered a nationwide injunction against Alternative.

Some clients are like barnacles on the hull of a ship, according to leading QuickBooks consultant and advisor Joe Woodard: “They drag you down.”

Investors have a bit more to ponder as the administration rolls out its tax program, designed to both address the federal budget deficit and promote economic development.