Practice Management

The next Congress and the Obama administration are expected to make major changes in both individual and business taxes, said a panel of Ernst & Young tax experts.

The House Committee on Oversight and Government Reform held hearings on the role of hedge funds in the financial crisis and whether they should be more strictly regulated.

The Internal Revenue Service is doling out nearly $8 million in matching grants to groups around the country participating in its Volunteer Income Tax Assistance program.

CCH has introduced two online tax research products for solo practitioners and small to midsized CPA firms.

H.D. Vest Financial Services is offering remote check scanning and depositing services to its network of financial planning advisors.

The Treasury Department’s financial rescue plan has quickly provoked controversy in the month since it was passed, not least because of an IRS rule change that could well violate the Tax Code.

RSM McGladrey has acquired Philadelphia accounting firm Simonson Lipschutz & Fogel for $6 million.

ADP has beefed up its RUN payroll service for accountants who process payroll for their small business clients, adding new security and data entry features and more payment options.

President-elect Barack Obama is looking for a new chairman of the Securities and Exchange Commission to replace departing chair Christopher Cox.

Habif, Arogeti & Wynne said all the shareholders and staff of Tauber & Balser have joined the firm, effective November 1, extending the Atlanta-based firm's forensic accounting and litigation support expertise.