Income Tax

Thomson Reuters has added new content to Checkpoint Catalyst that includes content covering IRC § 1031 to assist tax practitioners in implementing like-kind exchanges to secure tax deferral benefits for their clients.

A serious security breach at the IRS has the agency scrambling to beef up its ID theft efforts while the public and lawmakers stew. The IRS announced on May 26 that hackers had gained access to the personal information of more than 100,000 American househ

Concerned about the impact of IRS service reductions on taxpayers and tax practitioners, the AICPA Council on May 17 adopted a resolution urging policy makers to create a bi-partisan forum to “make recommendations that enable the IRS to achieve its ...

Some of your clients may have built up a sizeable account over the years but haven’t kept detailed records or don’t know how to compute the tax liability. Here’s some key information you can pass along.

As the U.S. economy improves, higher demand for financial executives is driving a steady rise in salary and benefits, according to the findings of an annual survey issued by Grant Thornton LLP and Financial Executives Research Foundation (FERF).

TaxResearchPro provides accountants and advisers with a trusted tax research support service to better manage their time and client engagements.

With the economy finally showing some signs of life, businesses are looking to invest and grow. When you have discussions with your clients, do not forget to ask them about their planned capital expenditures, hiring plans, and training needs.

Imagine you are sitting in your office one day and a business client came in and dropped a six inch thick stack of paperwork and receipts on your desk and asked you to help make enough sense of it to submit a tax filing to the IRS. Your first reaction ...