Practice Management

The American Institute of CPAs is pushing back against the Department of Labor’s proposed changes to the definition of the term “fiduciary.”

Cohen & Co., a regional CPA and business advisory firm based in Cleveland, has acquired the family office practice of The Lipson Group.

Organizations in financial services industries are being specifically targeted in Web attacks, according to a principal for a large accounting and consulting firm. And those attackers increasingly are highly sophisticated criminals, not the hackers of the past.

Payroll and HR outsourcing provider ADP has acquired AdvanceMD, a practice management and electronic health records concern.

Sageworks has been mulling the introduction of an online service that would allow small and midsized business owners and CFOs a way to see how their business stacks up against competitors.

Austin, Texas-based accounting firm PMB Helin Donovan has expanded its presence in Houston by merging with McEvoy & Co.

A former seasonal employee with the Internal Revenue Service has been indicted by a federal grand jury on charges of computer fraud for changing information on IRS computer systems after her friends and relatives paid her to give them bogus First-Time Homebuyer Tax Credits.

Houston-based CPA firm Calvetti, Ferguson & Wagner has acquired Kainer & Company, a tax and accounting consultancy.

The Senate Finance Committee convened a hearing Tuesday aimed at making the Tax Code fairer and simpler, while making U.S. businesses more competitive.

The Internal Revenue Service has released the limitations on depreciation deductions for owners of passenger automobiles first placed in service by the taxpayer during calendar year 2011.