Practice management

George Farrah, executive editor of Bloomberg BNA Tax & Accounting, discusses changes in the accounting profession and the technology and recruiting strategies used by firms, in an interview with Accounting Today editor-in-chief Dan Hood.

The Internal Revenue Service has released new guidance on penalties for failing to file a foreign bank account report, capping the maximum percentage of the penalty and providing new requirements for documentation and approval by IRS examiners.

The Internal Revenue Service discovered last month that criminals accessed around 104,000 tax returns through its Get Transcript application and tried to get hold of approximately 100,000 more.

Victims of the severe storms, tornadoes, straight-line winds and flooding early last month in parts of Oklahoma may qualify for tax relief from the IRS.

The IRS’s initiative to expand online services for taxpayers makes it more likely that the U.S. tax agency will be hit by “hackers and other fraudsters,” the agency’s inspector general said Tuesday.

The digital edition of the June 2015 issue of Accounting Today is now available.

A CPA faces the toughest presentation of his career

Microsoft Corp. and the IRS are back in court, this time fighting about the U.S. tax agency’s interest in hiring David Boies, the lawyer who beat Microsoft in an antitrust case in 2000.

The Baby Boomer exodus and technological change are making Millennials more influential than anyone expected

In 1998 I read that Andersen Consulting would be spending $100 million to brand their company. This seemed unusual for a few reasons.

The Internal Revenue Service is clarifying some of its procedures for changing a method of accounting.

The U.S. investigation of corruption in soccer’s governing body is moving to a new phase that will bring criminal charges against more people, the Internal Revenue Service’s chief investigator said in an interview.

The Internal Revenue Service has agreed to change its policy on identity theft and provide victims with copies of the fraudulent tax returns that have been filed under their names by scammers.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Some of our favorite recent tax fraud cases.

The Internal Revenue Service has new deficiencies in its internal controls over financial reporting, according to a new report from the Government Accountability Office.

A new report from Ernst & Young demonstrates how many multinational corporations are being pushed in the direction of greater transparency about their tax strategies as their reputations come under attack in the U.S. and abroad for shifting their profits to tax havens.

The months immediately following the end of tax season are strategically important. Management allows their focus to briefly turn inward, as opportunities for organizational improvement take center stage.

A unit of Societe Generale SA based in Switzerland and three other banks agreed to pay a total of $2.2 million in penalties for helping American clients avoid taxes.