Practice Management

The average accounting firm is spending less on its marketing than it should, according to a recent survey.

H&R Block reports that its revenues for the fiscal year ended on April 30 rose $118 million (4.1 percent), to slightly more than $3 billion.

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

The House passed a pair of bills Thursday to provide tax breaks to businesses.

Facing a series of budget cuts in recent years, the Internal Revenue Service is being urged to set a long-term strategy and use return on investment data to better manage budget uncertainty and set priorities at the agency, in a new report from the Government Accountability Office.

CohnReznick LLP and Boston-based Ercolini & Company have signed a letter of intent to combine practices. The deal is expected to close on June 30.

Kennedy and Coe LLC plans to combine with Chico, Calif.-based firm, Matson and Isom. The merger, which is pending final approvals, is scheduled to close on Jan. 1, 2015.

The Internal Revenue Service has issued a revenue procedure providing safe harbors for applying the general welfare exclusion to Indian tribal government programs.

Thomson Reuters has introduced Checkpoint Catalyst, the latest generation of its online tax research system.

The Internal Revenue Service has issued final regulations that modify the standards governing written tax advice and update related provisions.