Practice Management

As airline passengers around the country struggle to rebook flights in the wake of the blizzard that paralyzed the Northeast this week, the Internal Revenue Service has announced the 2011 inflation adjustments to the excise taxes on air transportation.

- Hayashi and Wayland Accounting and Consulting, a regional CPA and business advisory firm, has announced a merger with Carmel-based Cater & Stiles, CPAs, effective Jan. 1.

Employees at the Internal Revenue Service surveyed tax returns with Abusive Tax Avoidance Transaction issues without management approval, according to a new report.

White House officials said President Obama would delay delivery of his fiscal year 2012 budget by about one week after February 14.

IMGCAP(1)]Forensic accounting has become a “hot” topic in recent years due to the increase in high-profile cases of companies and individuals charged with corruption and fraud.

The Tax & Accounting business of Thomson Reuters has issued a comprehensive analysis of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on its Checkpoint research service.

The U.S. Government Accountability Office said it could not render an opinion on the 2010 consolidated financial statements of the federal government, because of widespread material internal control weaknesses, significant uncertainties, and other limitations.

Regional CPA firm Gallina LLP is expanding to Las Vegas by merging in Zanoni & Company LLP.

An Internal Revenue Service employee in New York has been charged with stealing over $160,000 in unclaimed tax refunds.

When asked to compare their financial situation to last year, 42 percent of Americans say they feel less secure now, according to a new Harris Poll.