Practice Management

A group of 45 millionaires has signed a letter to President Obama urging him to allow the Bush tax cuts to expire for those earning over $1 million a year.

IMGCAP(1)]In 2009, I began my journey to build my own firm. The problem was that I started without any clients or prospects — just a dream. Then, I joined Twitter.

Warren Buffett said that wealthy people should be paying “a lot more” money in taxes, and that the Bush tax cuts should expire for “people at the high end.”

The Senate has approved funding for a $3.4 billion settlement in a long-running dispute involving the mismanagement of Indian Trust lands and the federal government’s failure to provide a regular accounting for the beneficiary trust funds and assets.

Micro Focus, a company that provides software for modernizing enterprise applications, has been awarded a contract by the Internal Revenue Service.

As 2010 winds to a close, tax and accounting information and software provider CCH, a Wolters Kluwer business, has released a short list of four tax-planning moves for companies to make the most of current federal tax laws.

Osborne, Parsons & Rosacker LLP has become a new member of Firm Foundation, a division of RSM McGladrey.

Congressman Charles Rangel, D-N.Y., faces censure from his colleagues in the House for ethical violations involving taxes, unreported income and other matters.

The Government Accountability Office has produced a report looking at the tax compliance benefits and costs of 1099-MISC information reporting, which has been expanded under the health care reform bill.

House Republicans blocked a three-month extension of unemployment benefits, which are set to expire on Nov. 30.