Practice Management

Gorfine, Schiller & Gardyn has merged in Bernard B. Cohen & Co., expanding the firm’s real estate practice in the Baltimore area.

CCH has issued a Special Tax Briefing on the Tax Extenders Act of 2009 that was approved this month by the House.

Promoters have been marketing on the Internet the use of 401(k) funds to purchase franchises or startup businesses, which normally require up-front material sums of monies to launch.

You'll be seeing a few changes on Accounting Tomorrow in the coming months. We'll still have our own URL, www.accountingtomorrow.com, but we'll be amping up our blog to engage and promote reader discussion. We'll also be unveiling a new logo that will mesh better with Accounting Today's brand.

Chicago - Baker Tilly Virchow Krause has merged in Beers + Cutler to create what it expects to be the 13th largest accounting firm in the U.S., with over $250 million in revenue.

MICHIGAN

The Worker, Homeownership and Business Assistance Act of 2009 has given hard-pressed businesses a generous pre-holiday gift in its extension and expansion of the enhanced five-year net operating loss carryback provision under Code Sec. 172. Many economists predict an eventual windfall to businesses far in excess of the $10.5 billion 10-year cost estimated by the Joint Committee on Taxation. Even so, the Joint Committee forecasts front-loaded benefits of over $33 billion in 2010. To maximize this windfall, however, each taxpayer must carefully evaluate how its own facts and circumstances relate to certain variables and recommended strategies.

ARKANSAS

It looks like we are going to be ina tough economy for the foreseeable future. That doesn't mean that you have to be satisfied with mediocre profits. I want to share some things you can do to help improve your profit picture during the next 12 months.

The economic storm is battering companies nationwide, and small businesses are not immune to its fury.