Practice Management

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.

A former IRS revenue officer has been sentenced to nearly three-and-a-half years in prison for filing false tax returns through the tax prep business he operated after leaving the IRS.

The American Institute of CPAs has published a free career development guide to help CPAs and other financial professionals obtain federal economic stimulus grants for training and certifications to increase their job prospects.

A group of small businesses has written an open letter to the leaders of the Senate Finance Committee requesting changes in the expanded 1099 reporting requirements in the health care reform law.

Dennis B. Kremer is merging his practice into Gettry Marcus Stern & Lehrer, a CPA firm based in New York.

SourceMedia Inc. and MyPRGenie Inc. are proud to announce a partnership in which MyPRGenie will distribute its clients’ press releases to SourceMedia’s combined online audience of more than 1 million business-to-business decision-makers.

National Taxpayer Advocate Nina Olson expressed concerns in her latest report to Congress about the IRS’s reduced spending on taxpayer service, new 1099 information-reporting burdens, and the IRS’s “hard-core” collection practices.

Before departing on its holiday break, the Senate left a number of important issues unresolved, including the fate of the unemployment extension and tax extenders legislation, not to mention the financial reform bill.