Practice Management

Eide Bailly has added Salt Lake City-based CPA firm Lake, Hill & Myers, to its roster. The merger is expected to go into effect on July 1.

Senators Roy Blunt, R-Mo., and Jay Rockefeller, D-W.Va., have introduced a bipartisan bill to make the New Markets Tax Credit program permanent and increase its annual allocation.

CCH has unveiled Sales Tax RADAR (rates and decisions administration reporting), a new cloud-based tool designed to track rates and taxability details in thousands of jurisdictions

Write-downs and losses likely to continue as companies struggle to understand the rules.

CPA firms are prioritizing the need to attract new business and recruit top-notch staff as economic conditions improve, according to a new survey by the American Institute of CPAs.

The Internal Revenue Service filmed a “Mad Men”-themed continuing professional education video last year featuring an actor patterned after the Don Draper character in the popular AMC cable TV series.

The Swiss and U.S. governments have signed a memorandum of understanding on interpretations of their agreement on implementing the Foreign Account Tax Compliance Act, or FATCA.

The subsidiary of Deloitte Financial Advisory Services LLP, Deloitte Corporate Finance LLC, has acquired the advisory-focused investment bank, McColl Partners LLC. Terms of the acquisition were undisclosed.

Bloomberg BNA has begun a joint initiative with Tax Materials, the producers of the tax reference book series TheTaxBook, to include content from TheTaxBook in Tax Prep Guides that will be offered as part of Bloomberg BNA’s Tax Practice Series.

New York Yankees co-owner and managing partner Hal Steinbrenner prevailed in a lawsuit brought by the Internal Revenue Service seeking to recover $670,494 from what the government alleged was an unwarranted tax refund.