Practice Management

Senate Majority Leader Harry Reid plans to hold a procedural vote on extending unemployment benefits next Tuesday and a vote on the financial reform bill this Thursday.

The Senate Finance Committee held a hearing Wednesday to discuss the soon-to-expire 2001 and 2003 tax cuts and how to extend any of them without increasing the budget deficit or hurting economic growth.

The Internal Revenue Service gave the following tips for job seekers on how they can deduct some of their job search expenses on their tax returns.

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.