Practice management

Top Bush Official says Fix Tax Code to Avoid Europe Trade War: The Bush administration sent its big guns to Congress in July to urge legislators to fix part of the tax code to avoid a U.S.-European Union trade war.

by George G. Jones and Mark A. Luscombe

by Roger Russell

Treasury, IRS Whack “Son of Boss:” The Treasury Department and the Internal Revenue Service have issued regulations designed to take out a tax shelter commonly known as “Son of Boss.”

Washington - By a vote of 264-163, the House passed legislation to permanently abolish taxes on estates in late June.

by George G. Jones and Mark A. Luscombe

by Ken Rankin

New York - Intuit Inc. unveiled plans for an enhanced online edition of its complete payroll program and two other new payroll-related programs for small and midsized businesses.

Treasury Releases Child Tax Rebate Checks Timetable: Those child tax credit rebate checks will start fanning out across the U.S. starting on July 25, the Treasury Department announced.

by George G. Jones and Mark A. Luscombe

by Roger Russell

GAO says Improvements Needed at IRS: The honeymoon’s over for newly installed Internal Revenue Service Commissioner Mark Everson. The General Accounting Office says that the agency needs to improve its internal controls.

By George G. Jones and Mark A. Luscombe

by Roger Russell

Deloitte Appoints Wood to Lead U.S. Tax Practice: Big Four firm Deloitte & Touche named Chet Wood as managing partner of its U.S. Tax Services.

By George G. Jones and Mark A. Luscombe

by Roger Russell

by George G. Jones and Mark A. Luscombe

by Roger Russell and John Covaleski

IRS to Host Six Practitioner Forums: The Internal Revenue Service is hosting six, three-day Nationwide Tax Forums to educate the tax practitioner community.