Practice Management

The House passed the first bipartisan U.S. budget in four years yesterday, clearing the way for final Senate passage next week to ease $63 billion in spending cuts and avert another government shutdown.

BDO USA has branched out into the Pittsburgh market with the acquisition of Top 100 Firm Alpern Rosenthal. The deal is expected to close on December 16.

As we come down to the wire for the beginning of busy season, it’s important to review some of the things we may already know, or think we know, about reporting and filing requirements.

The Information Reporting Program Advisory Committee has released its annual report for 2013, including numerous recommendations to the IRS commissioner on new and existing issues in tax administration.

Nicholas Montgomery LLP and TravisWolff LLP have agreed to merge. Terms of the deal were undisclosed.

Tax practitioners will be charging more this year for tax preparation, according to an annual survey by the National Society of Accountants.

President Barack Obama’s nominee to run the Internal Revenue Service said it’s not a high priority to create tax returns that already include information that taxpayers would check, complete and send to the agency.

Tax preparation giant H&R Block reported a loss for the second quarter due to a fall in international tax prep fees.

Top 100 Firm Eide Bailly has launched the Eide Bailly Private Exchange, a private insurance exchange that offers businesses an alternative for health care coverage.

John Koskinen, President Barack Obama’s nominee to run the U.S. Internal Revenue Service, said at a Senate panel’s confirmation hearing that he would work to restore the public’s trust in the tax agency.