Practice Management

  • M&A

    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.

    November 7
  • President-elect Barack Obama is expected to begin working on passing an economic stimulus package, possibly even before he takes office.

    November 6
  • Tax-related ballot initiatives went down to defeat in several states, including one in Massachusetts that would have repealed the state income tax.

    November 6
  • Alma J. Batson and her son Kelcee L. Batson, operators of a tax prep business in Riverside, Calif., have pleaded guilty to federal tax charges.

    November 6
  • The results of Tuesday's election are increasing the balance of power on the Democratic side of the aisle in both the House and Senate.

    November 6
  • An IRS tax compliance officer has been charged with accepting a bribe in exchange for preparing a false audit report for a taxpayer, and stealing another taxpayer's federal income tax refund and economic stimulus check.

    November 5
  • The Internal Revenue Service will begin conducting an annual survey of tax professionals early this month.

    November 4
  • M&A

    New York-based accounting firm Citrin Cooperman has acquired its second Philadelphia-area firm, Matarazzo Goldis.

    November 4
  • A Charlotte, N.C.-based florist is battling national competitors who market themselves as local merchants but don't charge their customers sales tax.

    November 4
  • Governments at all levels are faced with the need to raise more revenue in the wake of the current fiscal crisis. Both the Treasury Inspector General for Tax Administration and the Government Accountability Office have issued reports addressing the weakness in unpaid tax collection, the role of private debt collectors in attempting to collect some of that debt, and the misreporting of rental real estate activities that contribute to the tax gap.The GAO said that while collecting unpaid tax debt is part of any strategy to help ensure compliance and confidence in the tax system and reduce both the annual tax gap and the cumulative unpaid tax debt inventory, Congress and other stakeholders have raised questions about the effectiveness of the Internal Revenue Service collection process in helping ensure compliance.

    November 3