Practice Management

Auditing software developer CaseWare International has acquired 100 percent of the outstanding shares of Credence Software Ltd., the exclusive distributor of CaseWare products in the United Kingdom.

Finance executives indicated growing pessimism and increasing economic uncertainty, according to a new survey.

A group of Democratic senators has written to IRS Commissioner Douglas Shulman expressing concerns about new requirements for expanded 1099 reporting.

Deloitte plans to strengthen its Southwestern Ontario practice in Canada by adding 35 new colleagues through a proposed merger with Horne LLP of Burlington, Ontario.

Michigan accounting firm Doeren Mayhew is expanding to Houston by merging with TR Moore and Co.

Businesses will be able to claim up to $8.5 billion in tax exemptions and credits for 4.5 million recently hired employees under the HIRE Act, according to a new Treasury Department report.

The Internal Revenue Service has opened a special telephone line for taxpayers affected by the Gulf of Mexico oil spill.

The IRS Oversight Board has improved its internal financial management, but more needs to be done, according to a new government report.

Accounting and consulting firm Rehmann has closed its acquisition of Veritas Global, a firm that provides corporate investigative services and business intelligence.

In her first report of the year, National Taxpayer Advocate Nina Olson cited the new Form 1099 reporting requirements among her objectives for focus during the fiscal year ahead.