Practice management

In a short time, we’ll have the holidays. In a few more days we’ll have 2017. And shortly after that, it’ll be Tax Day. Are you ready?

If your firm is like many small and midsize CPA firms, you don’t have a formal strategic plan and you don’t set goals or hold your partners accountable for converting a strategy into real live actions that drive growth and per partner bottom line improvements.

A roundup of our favorite recent tax fraud cases.

If your clients are upset by the outcome of the election, there are some things they should know before they book a one-way ticket out of the country.

The Internal Revenue Service plans to improve its program to provide copies of false tax returns to victims of tax-related identity theft, according to a recent report.

The Internal Revenue Service has launched an online application to help taxpayers with “straightforward balance inquiries.”

The impact of the election on tax issues

(Bloomberg) Donald Trump’s nominee for Treasury secretary said Wednesday that the president-elect’s tax plan won’t ultimately cut taxes for “the upper class.”

The IRS has extended the 2017 due date for employers and coverage providers to furnish information statements to individuals – but the due date for filing with the IRS has not been extended.

Some of the wealthiest families in the U.S. are hoping for a $21 billion benefit from President-elect Donald Trump next year.

U.S. Treasury Secretary-nominee Steven Mnuchin says he will boost jobs by making tax reform his overriding priority.

The word passion comes up frequently in the context of business strategy for accounting and advisory firms.

Highlights of some of our favorite tax-related blogs from the past week.

In July 2011, in response to growing public concern over employment-related identity theft, the Treasury General for Tax Administration announced that the Internal Revenue Service could do more to assist taxpayers by informing them if fraudulent income was being reported under their social security numbers.

Small businesses in the U.S. on average pay an extra $5,128 in taxes to make up for revenue lost to the use of offshore tax havens by multinational corporations, according to a new study.

The Internal Revenue Service alerted tax professionals Tuesday that over the next five weeks, it will send letters to some users of its online e-Services products informing them they will either have to go online or call the e-Services e-Help Desk to validate their identities, as part of the IRS’s battle against identity theft.

A request by the Internal Revenue Service for user data from a bitcoin exchange highlights simmering tensions between compliance and customer privacy for financial institutions and will test how those demands are balanced in the young field of cryptocurrency.

Boeing Co. received an illegal tax break from Washington state as part of $8.7 billion in aid to assemble the 777X and manufacture the jetliner’s carbon-fiber wing there, the World Trade Organization said.

Every Monday morning, Bill Hagaman, our firm’s managing partner/CEO, sends an email to the over 850 people at our firm. His email a few weeks ago hit the mark on providing value as the distinguishing factor in getting new business.