Practice Management

CBIZ Inc. and its affiliated CPA firm Mayer Hoffman McCann have acquired Goldstein Lewin & Co., a South Florida accounting and financial services provider.

Registration, testing and continuing education are at the core of the requirements proposed by the Internal Revenue Service in response to calls for greater oversight of paid tax preparers.

Jackson Hewitt has signed an amended agreement with Republic Bank & Trust to act as a partner for refund anticipation loans after the tax prep chain’s previous partner, Santa Barbara Bank & Trust, was forced to stop providing RALs.

Southeast regional accounting firm Carr Riggs & Ingram has combined with New Orleans-based Roth Murphy Sanford, expanding CRI’s footprint to six states.

The Internal Revenue Service has expanded the time window to 120 days during which it may share a taxpayer’s tax return information with third parties, based upon a taxpayer’s written disclosure authorization.

IMGCAP(1)]Technological advances have made direct deposits of refunds, paychecks and other items enormously popular in recent years. The system normally works very well, and can usually be relied upon as a way to transfer money quickly and easily between parties. However, if something goes wrong at any point in the process, my experience has shown that correcting the matter can be almost impossible, and chances are very good that someone will lose his money.

The Internal Revenue Service has issued a set of proposed rules that would make it easier for tax preparers to contact clients about tax law developments, send out newsletters and deal with liability insurance claims.

Tax revenue for state and local governments fell 6.7 percent in the third quarter, according to the U.S. Census Bureau, marking the fourth consecutive quarter of negative growth.

Southeast regional accounting firm Watkins Meegan is expanding its Annapolis, Md., office by adding several accounting, tax and business consulting experts from Annapolis-based Sturn Wagner Lombardo & Co.

The Federal Trade Commission has issued a report that examines more effective ways to protect consumers from fraudulent financial schemes.