Practice management

The average tax refund in 2014 was $2,696, up 1.5 percent from the average refund of $2,656 in 2013, according to a new report on how well the Internal Revenue Service operated last tax season.

The number of companies lobbying the U.S. government on tax inversions more than doubled in the quarter ending Sept. 30, as they sought to prevent Congress and the Obama administration from imposing new restrictions.

A bipartisan group of 15 senators has written to the Internal Revenue Service urging the agency to do a better job of preventing tax refund fraud using stolen identities.

The Internal Revenue Service’s Office of Safeguards is not doing enough to protect the federal tax information that it is required to disclose to other government agencies, according to a new report.

A majority of board members at public companies want Congress to pass broad-based tax reform legislation to address corporate tax inversions, according to a new survey.

Last week I told the story of how we were hired to prepare corporate tax returns at a much higher fee than the client said they wanted to pay. This client grew to become our largest client. Here is how it happened.

The American Institute of CPAs has asked the Equal Employment Opportunity Commission to reject appeals by EEOC staff to investigate and litigate against accounting firms about their mandatory partner retirement provisions, saying in a letter Monday that the classification of partners as employees would be disruptive to the accounting profession and its business practices.

The Internal Revenue Service will not meet the Treasury Department’s 2015 goal for full compliance with a directive requiring federal agencies to issue identification cards that allow workers to gain access to federally controlled facilities and information systems, according to a new government report that found IRS officials citing the lack of enough funding and staff as the main obstacles.

The Internal Revenue Service did not always issue a notice of its intent to issue a levy on taxpayer assets, according to a new report.

The federal government brought in $3.02 trillion in tax and other revenues in fiscal 2014 – its highest take ever.

Business clients see their accountant as a trusted resource with the knowledge and expertise to help them improve their business and avoid pitfalls.

The Internal Revenue Service needs to do more to prevent improper claims for refunds of excess Social Security tax withholding, according to a recent government report.

Some of our favorite recent tax fraud cases.

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

Tax preparers charge an average of $142 for a preparing a 1040 and up to an average of $566 for an 1120, according to a new survey from the NATP.

The IRS announced that professional tax preparers can now register for or renew their PTINs on IRS.gov.

A former UBS AG executive gave a primer on the workings of Swiss bank secrecy to a Florida jury hearing the tax-conspiracy trial of Raoul Weil, who once ran the bank’s global wealth-management business.

As a manager at a CPA firm, I am constantly looking to expand my network in search of developing new opportunities for my firm.

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

Creating a Chief Growth Officer or Chief Marketing Officer position is the trend among larger professional services firms today. It’s a good idea for yours, too.