Practice Management

Clifton Gunderson has moved its headquarters from Peoria, Ill., to Milwaukee, making it the largest accounting firm to be based in Wisconsin, as new CEO Krista McMasters takes the reins.

Accounting firm LarsonAllen has expanded its presence in Arizona by combining with Scottsdale-based Cronstrom, Osuch & Co.

Independent research confirms that people make a series of five buying decisions whenever they are being sold to.

THOMSON REUTERS STARTS TAXWATCH UNIVERSITY

Under the heading, "Nothing in the tax law turns out to be easy," add the temporary motor vehicle sales tax deduction enacted in the 2009 Recovery Act. The concept sounds simple enough: Give consumers a tax incentive to purchase new vehicles in an effort to help the ailing auto industry. Its execution, however, has left many tax advisors scratching their heads over the number of issues that have been raised in connection with this new deduction.

Nexus for state corporate income and sales and use taxes remains widely variable between states.

The Internal Revenue Service said that 112 U.S. companies, partnerships, individuals and other entities reported receiving almost 2,300 requests to participate in boycotts unsanctioned in the U.S. in 2005 and 2006.

Silicon Valley chip manufacturer Xilinx has lost an appeals court ruling in a tax dispute with the IRS that could have implications for other multinational companies that use transfer pricing.

The IRS offered guidance to businesses that plan to claim a newly expanded work opportunity tax credit for eligible unemployed veterans and unskilled younger workers.

Robert Bertucelli, a CPA in Ronkonkoma, N.Y., is merging his CPA practice into Satty Levine & Ciacco, a firm based in nearby Jericho, N.Y.