Practice management

Accountants and their small business clients share similar challenges of complex regulations and the pressure to lower fees and prices, according to a new poll.

Thomson Reuters has enhanced its ONESOURCE Transfer Pricing software with updated data collection features.

The single-engine airplane that was flown by an enraged pilot into an Internal Revenue Service building in Austin, Texas, in February 2010 cost the agency $38.6 million, according to a new government report.

Rep. Sander Levin, D-Mich., the ranking Democratic member of the tax-writing House Ways and Means Committee, plans to introduce legislation that would require Presidential candidates to make public 10 years of tax returns and disclose any overseas accounts.

An IRS project to assess the services of tax return preparers by visiting them around the country has been correctly implemented, but its effectiveness remains to be determined, according to a new report.

The Internal Revenue provided information Tuesday on how the Foreign Account Tax Compliance Act will be administered.

A new report from Ernst & Young finds that allowing tax cuts to expire for upper-income taxpayers would cost the economy approximately 710,000 jobs.

A pair of influential lawmakers are asking the Internal Revenue Service to provide detailed information on its technology budget.

The American Institute of CPAs told the Internal Revenue Service that its proposed regulations for capitalization and deduction of tangible property expenditures are unnecessarily complex and burdensome.

Democratic lawmakers are trying to take a hard line with Republicans, threatening to let tax cuts expire at the end of the year rather than simply extend the Bush tax cuts for upper-income taxpayers.

President Barack Obama took aim at Republican rival Mitt Romney’s tax plan at a campaign event in Cincinnati, citing a new study on the effects of tax cuts on foreign corporate earnings.

Mitt Romney has come under increasing pressure from fellow Republicans in recent days to release more of his tax returns to the public.

The Internal Revenue Service did not always comply with statutory requirements when conducting seizures of taxpayer property, according to a new report that found a handful of instances of such violations.

The multimedia site will share tips on how to minimize fraud risk and mitigate damage through podcasts, videos and webinars

The Internal Revenue Service has issued a notice to provide guidance to multinational companies on the thorny question of transferring intangible property such as patents from a domestic corporation in the U.S. to a foreign corporation or subsidiary, noting that some repatriation transactions "raise significant policy concerns."

A former CPA and tax preparer who spent the last three years on the run as a fugitive in Pakistan has been arraigned on charges that he submitted false claims for income tax refunds.

Accounting firm Eide Bailly has introduced a new Employer Health Reform Analytics service to help business owners respond to the Patient Protection and Affordable Care Act, which the Supreme Court upheld last month.

Democratic lawmakers on the House Ways and Means Committee have introduced legislation to extend the Research and Development Tax Credit through the end of the year.

Thomson Reuters has released courses to help tax practitioners get ready for the Internal Revenue Service’s Registered Tax Return Preparer examination, meet annual continuing professional education requirements, and monitor their progress.

Thomson Reuters has created a set of resources under its Checkpoint Learning brand to help Registered Tax Return Preparers deal with the IRS's new education and testing requirements.