Practice Management

A roundup of accounting firm mergers and acquisitions

Tax rules continuously change, but the specific tax matter here is not what’s important. What is important is the process.

The Treasury Department’s Community Development Financial Institutions Fund plans to distribute $3.5 billion in New Markets Tax Credit awards to revitalize low-income communities.

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

Beyond opening a lemonade stand, many tax preparers who haven’t yet grown their business into a full-service accounting practice are used to seeing their income dry up during the hot summer months.

The Internal Revenue Service has released the spring 2014 edition of its quarterly Statistics of Income Bulletin, with statistics up through 2011 indicating there are still people who earn over $200,000 a year who pay no federal income taxes, although the number of them has been decreasing.

American Citizens Abroad has created a U.S. Tax Return Preparers Directory that focuses on tax preparers who have experience with the international tax issues faced by U.S. expatriates.

In an annual review, only two IRS violations of Fair Tax Collection Practices were discovered, according to a recent report.

Boyum & Barenscheer CPAs has acquired Peterson, Peterson & Associates CPAs.

By now the accounting profession is up to speed on KPMG acquiring Rothstein Kass. It was a pairing that kept the rumor mill churning.