Practice management

A new government report recommends that Congress amend the Tax Code to allow the Internal Revenue Service to assess penalties against tax preparers who fail to comply with the electronic filing mandate.

IMGCAP(1)]In today’s economic climate, does it make sense for your business clients to invest in their buildings by making “green” improvements?

A federal grand jury has indicted 55 individuals for participating in a massive income tax fraud scheme based in Southern California that illegally sought over $250 million in tax refunds.

With the exception of Spain, Luxembourg, Ireland, and a few other countries, most nations did not increase their top personal income tax rate this past year despite revenue pressures, according to a new report from KPMG.

Practitioners tend to view tax season with mixed feelings. On the downside, there's getting clients to send you the data you need to construct their return, and determining how much of what they give you is actually germane to the return.

The Internal Revenue Service has posted the instructions for the estate tax form for people who died in 2010, the year that the estate tax was not in effect for many taxpayers.

The Internal Revenue Service has released guidance aimed at clarifying the tax treatment of mobile phones provided by employers to their employees.

As tax year 2011 starts heading toward the exit, the annual expectation arises that year-end tax planning can somehow help lower tax liability before it becomes fixed for the year, as well as helping to identify and maximize certain tax opportunities that may end with the New Year.

The concept of quality governance practices within nonprofit organizations is not revolutionary. Historically, however, the role of those charged with the governance of nonprofit organizations - the board of directors - has not always been clearly defined.

Blogging has evolved from hobby of basement-dwellers to corporate mandate, shedding new light on previously guarded niches, subjects and industries - including the mysterious world of accounting.

IRS OFFERS RELIEF TO HURRICANE IRENE VICTIMS

As accountants and tax attorneys, we often find ourselves in conversation with our peers about the constitutionality of state taxation.

The Internal Revenue Service needs to take additional steps in order to expand its audits to include returns from prior or subsequent years when taxpayers being audited may owe substantial taxes.

The merchant card reporting program, in place since January of this year, may pose some problems that were unanticipated by Congress when it was passed as part of the Housing and Economic Recovery Act of 2008.

The top factor in a failed hire, aside from performance issues, is a poor skills match, according to 36 percent of chief financial officers interviewed for a Robert Half Finance & Accounting survey.

A pair of executives in a California-based adult entertainment business have pleaded guilty to federal tax charges.

As multinational corporations and lobbyists push for a reduction in the corporate tax rate and a tax holiday on repatriated foreign profits, the tax loopholes that have encouraged companies to shift their income abroad have managed to stay largely intact.

A bipartisan trio of lawmakers have introduced a bill that would update the existing tax law to allow formerly homeless young people to pursue a four-year college education and still qualify for housing built with Low Income Housing Tax Credits.

The chairman of the House Ways and Means Oversight Subcommittee demanded Tuesday that the Internal Revenue Service suspend a proposed regulation that would require banks to disclose the amount of interest paid to nonresident aliens.