A federal district court has ruled in favor of tax preparers who filed a class-action lawsuit against the Internal Revenue Service over its right to charge fees for Preparer Tax Identification Numbers, and the IRS may need to refund hundreds of millions of dollars in fees collected each year.
 
 
Accounting Today
 
 
Home  |  Subscribe
 
 
 
Daily Edition
 
 
Jun 06, 2017
 
 
 
Top Stories
 
IRS loses lawsuit over PTIN fees, suspends PTIN system, and may be forced to refund preparers
 
IRS loses lawsuit over PTIN fees, suspends PTIN system, and may be forced to refund preparers
by MICHAEL COHN
 
A federal district court has ruled in favor of tax preparers who filed a class-action lawsuit against the Internal Revenue Service over its right to charge fees for Preparer Tax Identification Numbers, and the IRS may need to refund hundreds of millions of dollars in fees collected each year.
READ MORE »
 
 
Expensify adds 15K customers, plans Portland office
 
Expensify adds 15K customers, plans Portland office
by RANICA ARROWSMITH
 
The company also has modified the user interface for its mobile app.
READ MORE »
 
 
 
Enable images for best view
 
Trump filed for extension on 2016 tax returns
 
Trump filed for extension on 2016 tax returns
 
Donald Trump filed for an extension to submit his 2016 tax returns, NBC News reported Saturday, citing a White House official, the latest reminder that the billionaire president continues to break with tradition and has not released his tax history.
READ MORE »
 
 
 
SPONSOR CONTENT
5 Tips to Drive More Value from Your Engagements
 
Join our web seminar for a frank discussion on how firms can turn a traditional engagement workflow into a process that generates new opportunities for the firm and the firm’s clients. June 13, 2017 at 2 PM ET-11 AM PT
CLICK HERE TO REGISTER »
 
 
Companies falling behind schedule on revenue recognition standard
 
Companies falling behind schedule on revenue recognition standard
by MICHAEL COHN
 
Many companies are at risk of falling behind schedule on implementing the revenue recognition standard, according to a new survey by Ernst & Young, and CFOs and CIOs are not in agreement on the reason why.
READ MORE »
 
 
 
SPONSOR CONTENT
Common Myths About Offering Portfolio Management
 
Don’t let myths keep you from expanding your practice with a natural complement to your tax practice. Learn the truth about how to better serve your clients and generate additional revenue with a successful portfolio management practice.
CLICK HERE TO VIEW »
 
 
Marcum merges in Hennagin
 
Marcum merges in Hennagin
by MICHAEL COHN
 
Marcum LLP has merged in the construction accounting practice of Warren Hennagin, who is joining the firm as an assurance services partner in the firm