Practice management

The Treasury Department's Troubled Asset Relief Program needs to do a better job of ensuring integrity, accountability and transparency, according to a report from the Government Accountability Office.

I have visited many reception areas of professional service firms, had close interaction with hundred and hundreds of accountants, and am constantly exchanging business cards. At these times, being a reporter, I am always observing. I also more often than I would expect notice something that bothers me.

A federal grand jury has indicted a man after he crashed a motor vehicle twice into the side of a building that contains the offices of both the Internal Revenue Service and the Small Business Administration.

The IRS is not well prepared in the event of serious disasters, according to two new reports by the Treasury Department's inspector general.

The Internal Revenue Service has added two new appeals programs for taxpayers who are disputing IRS actions.

December's a perfect time for accountants to check their lists twice to make sure they have all their bases covered before busy season starts cranking.

The Internal Revenue Service said that taxpayers who make qualifying cash contributions for disaster relief efforts in the Midwest are able to benefit from a recently passed law that suspends the percentage-of-income limits that would normally apply when taxpayers deduct the contributions on their 2008 federal tax returns.

Treasury Secretary Henry Paulson announced a program to allocate $20 billion to back a $200 billion Federal Reserve facility for consumer lending.

The Internal Revenue Service issued the fall 2008 edition of its Statistics of Income Bulletin, showing growth in income for both individuals and businesses in 2006, but that was before the economic downturn had really hit.

A small business advocacy group is accusing President-elect Barack Obama of backing away from his campaign promises before he even takes office.

Lately we’ve been hearing so many contradictory statements from Treasury Secretary Henry Paulson in such a short period of time that I’m beginning to wonder if we have two look-alikes running around Washington testifying on Capitol Hill and giving impromptu news conferences where they say exactly the opposite.

President-elect Barack Obama announced the key members of his economic team on Monday, including his pick for Treasury Secretary, New York Federal Reserve president Timothy Geithner.

The Internal Revenue Service has reduced the 2009 optional standard mileage rates used to calculate the deductible costs of operating an automobile, citing lower gas prices.

CPA firm Cottrill Arbutina Professional Services has acquired an eight-person tax and audit group from S.R. Snodgrass, expanding its reach in Western Pennsylvania and its auto dealership client base.

Got a new marketing superstar in your firm you want to recognize? Are they the type to push up their sleeves and get down in the trenches? Have their achievements caused heads to turn? If so, he/she could be the next Association for Accounting Marketing’s Annual Rookie of the Year.

Got a new marketing superstar in your firm you want to recognize? Are they the type to push up their sleeves and get down in the trenches? Have their achievements caused heads to turn? If so, he/she could be the next Association for Accounting Marketing’s Annual Rookie of the Year.

A new report on President-elect Barack Obama's tax policies sees his mantle of change perhaps leading him to change some of his tax proposals as he works with Congress next year.

The American Institute of CPAs' business subsidiary CPA2Biz has signed a deal with Google to offer Google AdWords as a way for accounting firms to market and promote their services via local paid search ads.

An IRS revenue agent was arrested at Los Angeles International Airport after he was indicted a few days earlier by a grand jury on charges of tax fraud and obstructing an investigation into his tax return.

Rand & Associates has launched a program aimed at helping small businesses weather the financial crisis.