Practice management

The South Carolina Department of Revenue said that some 3.6 million Social Security numbers and 387,000 credit and debit card numbers have been exposed in a cyber attack.

Koltin Consulting Group CEO Allan Koltin described the best practices of high-performing accounting firms and partners during a keynote speech at Accounting Today’s Growth & Profitability Summit on Tuesday.

The IRS said on Tuesday that its PTIN system is unavailable due to Hurricane Sandy. The IRS Return Preparer Office also announced that it's postponing tests and the RTRP Webinar scheduled for October 31 due to the storm.

The outcome of next week’s election is likely to determine tax policy, but some elements may be outside the control of whoever gets elected to the White House and Congress.

Tax practitioners are working harder nowadays to keep up with a changing profession, an official with the American Institute of CPAs told attendees at Accounting Today’s Growth & Profitability Summit.

Accounting Today announced the winners of its annual Best Firms to Work For ranking during the Growth & Profitability Summit in Boca Raton, Fla., on Monday.

Accounting Today kicked off its 3rd annual Growth & Profitability Summit in Boca Raton, Fla., with two CPAs as keynote speakers: Gene Marks and Anthony Reed.

Accounting Today began its third annual Growth & Profitability Summit on Sunday with a pair of entertaining keynote speeches by CPAs Gene Marks and Anthony Reed.

Papers, papers and still more papers. When can I destroy these tax documents?

The IRS is warning about a new tax scam that uses a Web site that mimics the IRS e-Services online registration page.

A Santa Barbara-based CPA who claimed on his Web site that he has appeared as a tax and financial expert on national television shows was convicted by a federal jury on charges that he underreported more than $1 million by pretending that his accounting income had been earned by his nonprofit foundation for providing “marital counseling.”

For many accounting firms today, it’s about survival of the fittest as they are forced to find new ways to build business and grow revenue or face the uncertainty of a merger. To that end, I believe a well-implemented customer relationship management (CRM) system can help pump up those sales and maximize revenue while improving employee productivity

PricewaterhouseCoopers US has published a new edition of its annual guide, “Managing Your Wealth: Guide to Tax and Wealth Management.”

IRS Advisory committee’s 2012 Report suggests a number of reporting changes to the IRS

The Internal Revenue Service could not provide documentation for $394,430 of the invoiced labor hours paid on an estimated $1 million in labor charges, according to a new report.

The Internal Revenue Service has delayed the timelines for withholding agents and foreign banks to complete the due diligence requirements of the Foreign Account Tax Compliance Act.

With the holiday season right around the corner, many small business owners are planning for the busiest time of the year, and it’s the perfect time for them to appreciate their current customers while gaining new ones.

Some IRS employees are closing delinquent taxpayer accounts without following the proper procedures and without managerial approval, according to a new government report.

A New York strip club can’t claim a tax exemption on entrance and performance fees on the grounds that it presents “musical arts performances,” the state’s highest court ruled.

Microsoft Dynamics and Intacct partner Brittenford Systems has released a new whitepaper to address the growing trend of outsourcing all or portions of the chief information officer function in small to midsize businesses given the growing complexity of information technology.