Practice management

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.

Cost-of-living adjustments have changed many dollar limitations for pension plans and other retirement-related items for tax year 2013.

A new report from the Treasury Inspector General For Tax Administration has found that evidence was sometimes not available to support increasing IRS assessments against business taxpayers that have not filed required returns.

A recent decision by the Second U.S. Circuit Court of Appeals regarding the Defense of Marriage Act creates an immediate opportunity for lesbian, gay, bisexual and transgendered families to file protective tax refund claims, according to the accounting and advisory firm Marcum LLP.

Five of the largest audit firms in China are likely to be domestically owned rather than foreign owned in the next five years, according to Baker Tilly International CEO Geoff Barnes.

The period to renew Preparer Tax Identification Numbers for 2013 has begun, and the IRS is also reminding the nation’s 730,000 federal tax return preparers that they must renew their PTINs, and that preparers who have a competency test requirement should schedule their exam soon.

President Barack Obama and Republican challenger Mitt Romney argued fiercely over foreign policy during their final debate, with some discussion of tax policy, the budget and the economy also part of the mix.

When a client leaves or you lose a proposal to a competitor, what do you do?

K&A Accountancy launched a service Monday to help millions of small businesses take advantage of an Affordable Care Act health insurance tax credit that can be worth up to $50,000 per year.

Top personal income tax rates increased by 0.3 percent worldwide this year, according to a new report by KPMG International.