Practice management

Even though the Internal Revenue Service has reported an overall decline in the improper payment rate for the Earned Income Tax Credit since fiscal year 2003, the amount of payments made in error has increased from $10.5 billion in fiscal year 2003 to $14.5 billion in fiscal year 2013, according to a new government report.

Once busy season begins, you’ll have precious little time to consider whether your accounting firm has made the right moves to build client relationships and grow in 2015.

The U.S. House of Representatives voted to make it easier to reduce taxes, passing a rule on the first day of the new session to let lawmakers assume that lower levies boost the economy and cover some of their own budgetary costs.

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

Last year was characterized by fundamental changes across the global tax landscape as governments looked to reform how multinational corporations are taxed, and 2015 promises more of the same.

Thomson Reuters’ Checkpoint research service has released a special report on the recent tax extenders legislation that was approved last month by Congress, along with the new ABLE Accounts that provide a type of tax-advantaged savings program for disabled individuals.

I really used to hate QuickBooks, but not anymore.

Some of our favorite recent tax fraud cases.

Accounting and professional services marketing pioneer Bruce W. Marcus died in early December at the age of 89.

Accounting Today is in the midst of compiling its annual lists of the Top 100 Firms and Regional Leaders, and is looking for more top-notch accounting firms to consider.

Tax professionals are looking forward to a better tax season this year, according to a recent survey – or at least one that’s no worse.

The Internal Revenue Service reportedly sent over 2,500 letters last month to tax preparers warning about potential errors that the IRS spotted on the Schedule C they filed for their sole proprietor business clients.

The Internal Revenue Service and the Treasury Department have issued final regulations under the Affordable Care Act to protect patients in tax-exempt hospitals from aggressive debt collection practices and to provide other rules for charitable hospitals.

The interest in sustainability reporting creates an opportunity for accountants

What motivates a retiring partner to transition clients?

A roundup of accounting firm mergers and acquisitions from the past month.

Software, hardware and books for accountants

Even as salaries rise, so do expectations

A roundup of tax news from the past month.