Acting Director Named to Head ETA


The IRS selected acting director Terence H. Lutes as the new director of the Electronic Tax Administration. The ETA oversees policy and security for electronic transactions, as well as the development of electronic services throughout the IRS. The ETA’s focus on minimizing paper transactions is a cornerstone of the IRS’s modernization effort.

The ETA’s role has become more important as the number of electronically filed taxes has dramatically increased over the past few years. In 2000, more than 35 million returns were e-filed—an 85% increase from 1997.

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How to make the most of a negotiation

Negotiators are made, not born. In this sponsored report, we cover strategies and tactics to help you head into 2017 ready to take on business deals, salary discussions and more.

VIDEO

Will the Affordable Care Act be repealed?

The results of the 2016 presidential election are likely to have a big impact on federal tax policy in the coming years. Eddie Adkins, CPA, a partner in the Washington National Tax Office at Grant Thornton, discusses what parts of the ACA might survive the repeal of most of the law.

COLUMN

Deflecting clients’ requests for defense and indemnity

Client requests for defense and indemnity by the CPA firm are on the rise. Requests for such clauses are unnecessary and unfair, and, in some cases, are unenforceable.