Practice Management

  • M&A

    Cloud-based accounting software provider FinancialForce.com has agreed to acquire the PS Enterprise online professional services automation software owned by Appirio Inc., along with a small team behind it, and market the software to its customers.

    December 7
  • Terrance “T.J.” Turner, director of income tax research at corporate income tax software developer Vertex, has been appointed to the IRS Electronic Tax Administration Advisory Committee.

    December 7
  • Despite confusion created by recent and probable year-end tax legislation changes, the 2010 federal income tax environment is still quite favorable.

    December 7
  • President Obama announced a deal Monday evening to extend the Bush-era tax rates for two years, as well as other tax breaks and unemployment benefits, after Republican and Democratic congressional leaders forged a compromise in meetings with administration officials.

    December 7
  • M&A

    Accounting firm Dixon Hughes has merged healthcare strategy consulting firm Charis Healthcare into its healthcare consulting practice.

    December 6
  • The Internal Revenue Service is starting to tweet more than Ashton Kutcher, expanding the number of Twitter feeds it offers to taxpayers and the tax professional community.

    December 6
  • The Senate failed on Saturday to overcome Republican-led opposition to two bills extending the Bush-era tax cuts to taxpayers making less than $250,000 and $1 million a year, prompting leaders to talk Sunday of progress toward a deal extending tax cuts for people at all income levels on a temporary basis, along with unemployment benefits.

    December 6
  • Since last Thursday I've imagined a series of frightening scenarios and they go something like this: I receive this letter from the Internal Revenue Service charging that I have not paid taxes in years on rental income from a property I own in a tropical paradise.

    December 5
  • The Internal Revenue Service has released final guidance for small employers eligible to claim the new small business health care tax credit for the 2010 tax year.

    December 3
  • The Internal Revenue Service has announced new filing thresholds for next year for tax-exempt organizations filing Form 990 series returns.

    December 3