Practice Management

Xero announced it acquired online payroll company Monchilla to expand its payroll offerings to small businesses in more U.S. states.

Janover LLC increased its staff with the addition of team members from Liss Okun & Associates. The combination is expected to close at the beginning of 2015.

Singer-songwriter Joni Mitchell was referring to environmental impacts when she sang, “Don’t it always seem to go/That you don’t know what you’ve got/Till it’s gone” in Big Yellow Taxi. But chances are, many accountants have the same thought after a client leaves the practice—especially someone who was with the firm for several years.

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

Both parties in Congress agree the U.S. Tax Code is a mess and needs to be revamped. That doesn’t mean it will happen.

BDO USA’s recent addition of SS&G staff and partners, which bolstered its presence in the Midwest, came with a healthy serving of SS&G’s restaurant practice. “This deal is huge for us,” Wayne Berson, CEO of BDO USA, said during an interview with Accounting Today.

The crime of stealing tax refunds through identity theft is “no longer exploding,” U.S. Internal Revenue Service Commissioner John Koskinen said yesterday.

Top 100 Firm BDO USA LLP has made a major expansion in the Midwest with the addition of more than 375 staff, including 36 partners, from SS&G Inc and its SS&G Parkland subsidiary.

CPAs are expanding the range of specialties and advisory services they are offering clients, according to Carl Peterson, vice president of small firm interests at the American Institute of CPAs.

Taxpayers with undisclosed foreign assets face an even greater risk of detection than ever before.