The Internal Revenue Service announced that it is going to let charities and nonprofits electronically apply for tax-exempt status with a newly revised Form 1023, starting later this month. The move comes after complaints that applications for tax-exempt status have been taking too long. In 2013, a scandal erupted over applications for Section 501(c)4 tax-exempt […]

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New clients might be the last thing harried tax preparers want to see a couple months from now, but conventional wisdom says that season’s opening marks a good time for last-minute marketing. Is this wisdom true, and what do preparers do to get the word out this early in the filing season? “We work on […]

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RSM US has awarded nine of its employees $90,000 ($10,000 each) and nine paid-time-off days as part of the firm’s Pursue Your Passion program. Started in 2016 to honor the firm’s 90th anniversary, Pursue Your Passion annually selects a group of ambitious winners via a team comprising staff members and partners. “At RSM, we understand […]

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The Internal Revenue Service has convinced nearly 80 percent of the taxpayers who received settlement offers after engaging in micro-captive insurance schemes to accept the settlement terms. But there are still thousands of other taxpayers who have participated in what the IRS considers to be “abusive” insurance transactions, and the agency is setting up 12 […]

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Nichols, Cauley Associates LLC, a firm in Dalton, Georgia, has added the Morehouse Group, a firm based in the same city, expanding Nichols Cauley’s presence in North Georgia. The Morehouse Group partners and staff will be moving into the recently renovated parts of Nichols Cauley’s existing Dalton office. They include Penny Carpenter, Jerry Watkins, Karen […]

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