Practice management

Two New York City-based tax preparers have been indicted for filing false tax returns.

Former Massachusetts Governor and Republican Presidential candidate Mitt Romney has released his tax return for 2010 and an estimate for 2011.

You are a partner at a midsized audit services firm. As you speak with your current clients and prospects to project your bookings over the next two quarters, you realize that you will need to recruit additional consultants to deliver the projected business.

Newt Gingrich’s recently released tax returns show some questionable items, according to one tax expert.

The Internal Revenue Service has provided cereal maker Ralcorp Holdings with a private letter ruling related to the tax implications of the separation of its Post cereals business.

Financial information provider Sageworks Inc. has released its ProfitCents/Sageworks Industry Data & Analysis app for phones with an Android operating system, giving Sageworks subscribers access to financial ratios and industry averages, along with industry-specific key performance indicators and recommendations.

Former Massachusetts Governor and Republican Presidential candidate Mitt Romney said he would release his 2010 tax return and an estimated tax return for 2011 on Tuesday in the wake of a stinging defeat in the South Carolina primary and renewed pressure from fellow Republicans.

During his closing keynote at the Winning Is Everything conference Friday in Las Vegas, TaylorMade-adidas Golf CEO Mark King told a story from 18 months ago to illustrate the corporate philosophy that transformed the golf equipment manufacturer from a “not really good company” into the industry leader in the span of a decade.

The Internal Revenue Service has released final regulations relating to the exclusion from gross income for amounts received on account of personal physical injuries or physical sickness.

CCH has added several four new titles to its Expert Treatise Library for tax and accounting professionals.

Payroll provider Paychex is offering a free federal and state tax practice sheet that accountants can pass along as a tax season gift to their clients, branded with the CPA practice’s own name.

The ability to recognize and address lifecycle issues such as succession and compensation, as well as seize opportunities like mergers, are critical for helping spearhead current and future growth, according to a trio of major firm CEOs.

The National Society of Accountants is providing a free Web tutorial to help tax practitioners get ready for the Internal Revenue Service’s upcoming Registered Tax Return Preparer competency tests.

Republican Presidential candidate Newt Gingrich released his income tax returns as pressure mounted on rival candidate Mitt Romney to do the same.

They say the third time’s a charm. And the third iteration of the IRS Offshore Voluntary Disclosure Program is likewise a good thing, according to Kevin Packman, a tax partner at Holland & Knight and chair of the offshore compliance team.

Succession planning, recruiting, M&A and developing top talent and pricing pressures were among several front-burner issues that came to the forefront during a roundtable discussion by members of the Advisory Board.

Former All-American and NFL pro quarterback Tom Flick repeated one number in his keynote address to kick off the Winning Is Everything practice management conference in Las Vegas on Thursday: the number 10.

People who have received restitution payments from those convicted of human trafficking do not need to include those payments in gross income for federal income tax purposes, the Internal Revenue Service said Thursday.

The Internal Revenue Service plans to hold the second in a series of public meetings next Wednesday to get feedback on its plans to create a “real-time tax system” that would be able to catch incorrectly reported tax return information at the time it is filed.

Republican Presidential candidate Rick Santorum’s tax plan would reduce federal tax revenues substantially, according to a preliminary analysis by the Tax Policy Center.