Practice management

I found out many years ago that I cannot spend my clients’ money.

Clients in business for themselves face a host of challenges. How can you best advise clients who already have their hands full making a living on their own?

Employers and small businesses have a new January filing deadline for W-2s, the Internal Revenue Service warned, adding that it must also hold some refunds until Feb. 15.

The Internal Revenue Service said Friday the annual period for renewing a Preparer Tax Identification Number is now underway for tax professionals.

Internal Revenue Service examiners did not always follow procedures for weighing which tax debts could actually be paid by delinquent taxpayers, according to a new report.

If we lived in a perfect world, the salespeople in your firm (and if you’re a principal, that’s probably you) would have an endless supply of qualified, ready-to-be-sold prospects itching to sign a contract with your company. Sadly, that world does not exist.

The Internal Revenue Service continues to fall short in its cybersecurity efforts, according to a new report.

Some of our favorite recent tax fraud cases.

Earlier this week, I moderated an Accounting Today web seminar on Understanding Affordable Care Act Reporting: Year 2.

The IRS has released cost-of-living adjustments for the dollar limitations for pension plan contributions and other retirement-related items for tax year 2017.

No matter who wins this year’s presidential election, CFOs and tax directors alike will wonder what changes are looming. Given the slim chance of a complete overhaul of our tax system, the short answer to our titular question is, “Probably not much.”

Multinational corporations could end up shifting even more of their income to low-tax countries under some tax reform proposals, according to a new study.

Federal, state and local authorities have indicted dozens of people and businesses in the U.S. and India accused of impersonating Internal Revenue Service employees demanding money from innocent taxpayers in the U.S.

With the first fiscal year for the new California film tax incentives now complete, the California Film Commission issued a report today that said the $220 million in funding that became available in fiscal year 2015-2016 generated $1.5 billion in direct in-state spending from film and TV production, including $600 million in below-the-line wages.

The federal tax audit that emerged as an issue in Donald Trump’s campaign would turn into another problem altogether if the Republican nominee wins the election—and gains the power to pick the next Internal Revenue Service chief.

Let’s not ignore the 500-pound (orange or blonde, you pick) gorilla in the room. Like ’em or hate ’em, Hillary Clinton and Donald Trump are on everyone’s minds right now. And with the election just a few short weeks away (can’t get here soon enough in my opinion), the chatter around them is going to increase significantly.

The Internal Revenue Service plans to make changes in how it deals with people who don’t file tax returns to collect billions of dollars in lost tax revenue, according to a new report.

Billions of dollars in incorrect backup withholdings are overlooked by the Internal Revenue Service, according to a new report.

A new report from an Internal Revenue Service advisory group points to the high costs of information reporting and how the IRS can reduce the burden.

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