Practice management

Tax prep giant H&R Block reported a first-quarter loss of $173.4 million versus a loss of $127.6 million in the year-ago first quarter, which included a $62.2 million after-tax charge related to the pending sale of the RSM McGladrey unit.

Republican presidential candidate Jon Huntsman described his plans for tax and regulatory reform during a campaign appearance in New Hampshire.

Welcome to Accounting Today's inaugural Accountants Confidence Index. The ACI, created in partnership with ADP, is a new monthly economic indicator that leverages the insights of accountants into the strength and prospects of businesses in the U.S.

Individuals who are not authorized to work in the U.S. nevertheless received $4.2 billion in refundable Additional Child Tax Credits from the Internal Revenue Service last year.

The Internal Revenue Service is giving tax relief to both individuals and businesses affected by Hurricane Irene, which hit the East Coast last weekend.

Sage North America has introduced its Sage ACT! 2012 contact and customer manager, along with Sage ACT! Connect, which integrates with Google applications.

How would you define your personal brand? What is a personal brand?

The biggest draw to joining a firm network or association is the other member firms and the expertise and geographical reach that they can provide.

On Aug. 5, 2011, the Internal Revenue Service issued long-awaited (and much-needed) guidance on the treatment of basis for estates of decedents who died in 2010 that elect not to have the estate tax apply. The IRS also issued guidance for those making the election on the allocation of the generation-skipping transfer tax exemption.

The Internal Revenue Service provided guidance in late August on the only ways to establish prima facie evidence of delivery of documents that have a filing deadline prescribed by the tax laws when there is not direct proof of the actual delivery.

DRAKE BUYS COPANION

The Senate Finance Committee asked a series of corporate executives about whether they could accept the loss of some corporate tax breaks in exchange for lower overall business tax rates.

As companies' tax reporting responsibilities have become more complicated and voluminous, vendors have developed tax software applications to address much more than just the annual income tax return.

IMGCAP(1)][IMGCAP(2)]In the last month, the Dow Jones Industrial Average has dropped by more than 10 percent, and that significant change has investors and market participants on edge, concerned with what stock market volatility will do next and what repercussions it will have on the economy more generally.

Registered investment advisory-focused consulting firm RIA In A Box has introduced a bookkeeping service.

The American Institute of CPAs has asked the Internal Revenue Service to extend the Sept. 15 filing deadline for business tax returns for taxpayers and preparers in areas affected by Hurricane Irene.

The Internal Revenue Service ramped up its use of liens, levies and seizures last year in an effort to close the tax gap, pressuring taxpayers trying to cope with the economic downturn.

The Texas Supreme Court has upheld the constitutionality of a special $5 fee charged to patrons of strip clubs in the Lone Star State, overturning lower court decisions.

Deloitte launched a new online community Web site on Tuesday where industry insiders can share insights into business analytics and research.