Practice Management

pricewaterhousecoopers, taxes, pharmaceuticals, biotech, medical, health

KPMG and Thomson Reuters are partnering to help companies improve their governance, risk and compliance processes via Paisley GRC software.

The Internal Revenue Service has extended for another two years the Attributed Tip Income Program, which makes it easier for workers in the food and beverage industry to report the money they earn from tips.

A federal judge in San Francisco has signed a permanent injunction order barring the developer of a complex tax scheme involving numerous entities located around the globe and sales of over $1.25 billion in securities from promoting the scheme.

The tax subcommittee of the President’s Economic Recovery Advisory Board has decided to postpone its report outlining tax reform plans for the White House after being inundated with suggestions.

The Internal Revenue Service plans to conduct a three-year research study on employment tax compliance starting in February.

South Florida accounting firms Daszkal Bolton and Chaves & Armstrong are combining to build a larger multinational tax and SEC accounting practice.

A federal judge has allowed a class-action lawsuit to proceed over the IRS’s handling of an $8 billion refund program for the now-defunct telephone excise tax.

Web-based software developer Intacct is offering customers of Canton, Mass-based revenue and billing software provider Softrax Corp. six months of free service of its cloud financial applications.

The Internal Revenue Service has found that the number of partnership returns increased 5 percent between tax years 2006 and 2007, from more than 2.9 million to over 3 million.