Practice Management

Vin Colman is PricewaterhouseCoopers’ U.S. Assurance Leader and a member of PwC’s U.S. Leadership Team. He began running the firm’s Assurance practice, which includes audit and other services, last July when the firm reorganized its management ranks.

Some small businesses are facing a potential “double whammy” in 2016 from the Affordable Care Act, one expert warns.

American Citizens Abroad, a group representing U.S. expatriates, has submitted a tax proposal to the Senate Finance Committee recommending a number of international tax reforms, with the American Institute of CPAs also submitting its recommendations to the same committee on tax administration and simplification.

Cetera Financial Group, which has a strong presence in the accounting market, was acquired Thursday by RCS Capital for $1.15 billion in cash, making RCAP the nation’s second-largest independent broker-dealer by advisor count.

A federal court has ruled that U.S. banks must report to foreign governments on the holdings of nonresident alien account holders under the intergovernmental agreements that the Treasury Department has signed with other countries’ tax authorities in an effort to implement the Foreign Account Tax Compliance Act.

Payroll giant ADP is offering a new Protective Claims Service for employers to preserve their right to a refund of FICA taxes they remitted for certain types of severance pay, pending a final decision in a case that the Supreme Court heard this week.

A federal district court judge has ruled in favor of the federal government in a lawsuit that claimed the Internal Revenue Service did not have the authority under the Affordable Care Act to write rules providing tax credits to individuals purchasing health insurance on the health insurance exchange set up by the federal government.

A task force that has been investigating the budget crisis affecting many states across the country is calling for major changes in the ways that states handle their budgeting and financial reporting.

The Association for Accounting Marketing has named a new CEO, Jayla Boire, a marketing consultant, to run the organization after a long search process.

Abrams Little-Gill Loberfeld PC has acquired the accounting and tax practice of Andrew M. Freedman, CPA.