Practice management

Even though tax season is getting close to the end, there are still some important tips that accountants can share with their clients by April 15, and beyond.

I once had a client who felt he was getting ripped off by his salespeople padding their expenses. I found this out by walking into his office and finding his desk and credenza overloaded with files halfway up to the ceiling.

The accounting profession is facing a period of upheaval as Baby Boomers retire and firms experience mergers and leadership shifts, according to a new report.

A former Credit Suisse Group AG banker and a Swiss trust firm founder who pleaded guilty were spared prison after helping the U.S. government build a $2.6 billion criminal tax case against the bank.

As we get into the final stretch of filing season, it is fulfilling the predictions made at the start.

Some of our favorite recent tax fraud cases.

Weighing the cost and benefits of small-business repair-reg relief

Accountants considering adding or expanding valuation services in their practice may wonder about the demand for valuation services and what kind of clients can benefit from a valuation or calculation engagement.

A federal grand jury indicted a Brooklyn tax preparer, charging him with 31 counts of aiding and assisting in the preparation of false federal income tax returns.

Although Republicans are outlining a proposal to provide an “off ramp” for states and consumers to exit the Affordable Care Act, and the Supreme Court is hearing oral arguments on a legal challenge to the federally-operated health exchange, state exchanges have been up and running.

If a taxing entity changes its tax law to retroactively include a transaction, should the hapless taxpayer be bound by the new rule?

The House Ways and Means Committee passed seven bills Wednesday aimed at reforming the Internal Revenue Service.

Bloomberg BNA has released a new analysis of the recent sweeping changes in New York State’s corporate tax laws.

The consumer finance site Wallethub has ranked the best and worst states across the country where taxpayers can find accountants to help prepare their taxes.

On March 31, anyone who hasn't filed their taxes yet might reassure themselves that two whole weeks remain. Accountants see it differently and act accordingly: To encourage people to file early, certified public accountants and tax preparers offer discounts for early filers, raise fees for latecomers, and even employ a few scare tactics.

Tax season is supposed to be over on April 15. But among certain groups—especially the wealthy—filing for an extension until Oct. 15 is now routine.

Senator Ted Cruz threw his hat into the ring to launch his candidacy for the Republican nomination this week, promising among other things to get rid of the Internal Revenue Service.

The 99-year-old U.S. estate tax would disappear under a bill approved Wednesday by the House Ways and Means Committee.

Finding and retaining top talent is challenging for employers across every industry, including the accounting profession.

Small and midsize accounting practices are generally optimistic about growth this year, particularly in the area of advisory and tax services, according to a new global survey.