Practice Management

Three Republicans from the House Committee on Oversight and Government have written a letter to IRS Commissioner Doug Shulman demanding he explain a recent rule that would extend tax credits to individuals who buy health insurance from an exchange set up by the federal government when their state has failed to set up such an exchange.

Armanino Consulting, the technology arm of regional accounting firm Armanino McKenna, has purchased Naperville, Ill.-based Intacct partner and cloud consultancy AccessTek, effectively expanding Armanino’s Intacct practice in addition to its overall cloud accounting and financial product sales and consulting practice.

Emerging and high-growth markets was a sweet spot for U.S.-based companies in the first half of 2012.

CCH has released a special tax briefing providing guidance and analysis of the Internal Revenue Service’s temporary regulations for repairs of tangible property and how they may require companies to change their accounting methods.

By teaching your small business clients how the income statement and balance sheet dictate operating performance and business longevity, you will solidify your role as trusted advisor.

The Internal Revenue Service announced that many of its services will be unavailable over the Labor Day weekend, to accommodate an annual power outage and electric upgrades.

J.H. Cohn CEO Tom Marino said Wednesday that his firm will remain in the Nexia International accounting firm network after it merges in October with Reznick Group, and will be renamed CohnReznick, with him and Reznick managing principal Ken Baggett leading the combined firm as co-CEOs for the next three years.

The Internal Revenue Service is offering a sneak preview of its revamped Web site, which is slated to go live at the end of the month.

The optional reporting of Announcement 2012-19 should be made permanent on the Form 990, according to the American Institute of CPAs.

Small business-focused cloud accounting software provider Wave Accounting has acquired online stock research and investment tracking company Vuro.co.