Practice Management

Financial Executives International has filed a “friend of the court” brief in support of a petition for review of the U.S. v. Textron case, involving the IRS’s right to examine the tax accrual work papers of a company.

A free guide for CPAs to sales and use tax has been released by sales tax technology provider SpeedTax.

President Obama is widely expected to call for a three-year spending freeze on key areas of his discretionary budget during the State of the Union address on Wednesday evening, but critics are already warning that now is not the time to cut spending just as the country is emerging from a recession.

The Internal Revenue Service is considering requiring some business taxpayers to report uncertain tax positions on their tax returns, according to Commissioner of Internal Revenue Douglas Shulman.

President Barack Obama and Vice President Joe Biden previewed some of the major themes in the president’s upcoming State of the Union address, including a proposal to increase some tax credits for middle-class families.

The Internal Revenue Service listed the guidelines for the tax deductions that taxpayers can take for the contributions they make toward Haiti earthquake relief this year.

LarsonAllen has merged in Chicago-based accounting firm Africk Chez, building the Minneapolis-based firm’s presence in the Windy City.

Sikich LLP has agreed to combine with CPA firm Stelmacki, Cochran & Sauerburger, building Sikich’s presence in the St. Louis area.

An IRS advisory subcommittee is testing a compliance checklist for state and local government employers, asking questions about tax withholding, fringe benefits, retirement plans and other matters.

The eligibility period for COBRA subsidies for laid-off workers has been extended through February, with 15 months of subsidy available now to those who qualify.