Practice Management

The House Ways and Means Committee held a hearing to weigh the pros and cons of two different consumption tax models: the value-added tax and the FairTax.

A pair of Democratic senators has written to the head of Delta Airlines and the Air Transport Association telling him that airlines should not be raising their fares to make money off the temporary expiration of ticket taxes.

As the battle continues in Washington over how to avert a default on the government’s debt obligations, the possibility of imminent tax increases seems to be fading.

CCH, a Wolters Kluwer business, has acquired cloud-based sales tax automation service provider SpeedTax, allowing it to continues its expansion in the corporate market—particularly small to medium sized enterprises and CPA firms that serve them that are looking for a pure SaaS offering.

CBIZ has signed a deal to acquire the non-attest business of Thompson Dunavant, expanding the firm’s presence to Memphis, while CBIZ’s affiliated auditing firm, Mayer Hoffman McCann, will acquire Thompson Dunavant’s attest business.

President Barack Obama and Speaker of the House John Boehner, R-Ohio, made the case for their rival approaches to controlling the nation’s spiraling budget deficit as the clock ticks down to the August 2 deadline for raising the debt ceiling to avoid an unprecedented default on the national debt.

IMGCAP(1)]There is a fuzzy line between a worker who is properly classified as an employee and a worker who is properly classified as an independent contractor.

The Association for Accounting Marketing has a new leadership team in place.

Wisconsin accounting firms Schenck SC and Rajek, Grimm & Associates have combined, expanding Schenk’s footprint to the central part of the state.