Practice Management

Cloud-based electronic invoice presentment and payment software provider Data Impact and electronic bill presentment and payment software maker Transactis have completed a merger.

An estimated 32,552 taxpayers may have been harmed because the Internal revenue Service did not follow legal requirements to notify them and their representatives of their rights related to tax liens in a timely fashion, according to a new government report.

Thomson Reuters has completed its previously announced acquisition of tax automation concern Manatron and with the purchase, said it would fold Manatron into a newly created government business unit within the Tax & Accounting business.

Senator Tom Coburn, R-Okla., has proposed a deficit reduction plan estimated to save $9 trillion over the next 10 years by slashing hundreds of government programs, but also increasing taxes in some areas.

The Internal Revenue Service is asking for comments on continuing education providers under its tax return preparer regulation program.

IMGCAP(1)]I came into the financial industry through ad agencies in the 1980s. Back then, I was the head marketing writer for a large national financial firm. So, I’ve got a pretty broad and extensive background. Does that experience qualify me to manage your marketing? No.

The New York State Society of CPAs told the Internal Revenue Service that its upcoming exam for non-CPA tax practitioners should include a section in which exam takers are asked to prepare a sample 1040 return.

Credit Suisse said it has become a target of a Justice Department investigation into its private banking business.

A new bill from a pair of Democratic senators would eliminate a tax break on corporate stock options.