Practice Management

The Senate approved a debt limit increase on Tuesday, narrowly averting an unprecedented default on the federal government’s debt obligations.

The Internal Revenue Service has improved its ability to recover its computer systems in case a disaster strikes, according to a new report.

The House of Representatives voted to raise the debt ceiling, only a day before the August 2 deadline for averting a default on the federal government’s debt obligations.

After the passage of a New York State law allowing same-sex couples to marry, a New York City wealth management firm has named a new CPA partner to provide same-sex couples with financial planning advice.

Reinsel Kuntz Lesher LLP has added a Senior Living Services Consulting Group, brought over from ParenteBeard, to its services.

There has been a growing demand over the past 10 years for information on corporate behavior, which could include environmental impact, employee health and safety initiatives, community development, supply chain practices, and a host of other topics. A lot of these issues are addressed through sustainability reporting.

Accounting firms don't necessarily need to take a Mr. Rogers' neighborhood approach in dealing with small business clients - but it certainly doesn't hurt.

With the current gift tax exclusion amount set at a record-high $5 million, many taxpayers appear to consider the gift tax no longer relevant to their planning. That may be a mistake.

Client lists and client loyalty are built by a number of factors, including personal relationships and satisfaction with the work completed.