Practice Management

The Internal Revenue Service has amended its list of "frivolous" legal arguments used by people who want to avoid paying taxes, adding four new claims to the set it considers without merit.

Deloitte Financial Advisory Services has acquired certain assets of Barrasso Consulting, a firm that specializes in data collection and document review for litigation discovery programs.

South Florida accounting firms Goldstein Schechter Price Lucas Horwitz & Co. and Koch Reiss & Co. have merged.

The Internal Revenue Service has opened its electronic filing season for all filers except those who must file five forms affected by the alternative minimum tax.

Presidential hopeful Rudolph Giuliani outlined a plan to reform the Tax Code and cut taxes.

The International Accounting Standards Board has issued a revised version of its standards for accounting for business combinations such as mergers and acquisitions, in coordination with the Financial Accounting Standards Board, in a move that will highlight the expenses of business combinations that used to be considered assets.

National Taxpayer Advocate Nina Olson released a report to Congress pointing out a variety of problems, including the impact of late-year Tax Code changes on taxpayers.

The Internal Revenue Service has made several changes to the 2007 instructions for Form 1040 and 1040NR as a result of the Tax Technical Corrections Act of 2007.

President Bush is considering a variety of options for an economic stimulus package to perk up the economy, reportedly including a possible tax rebate of $500 for individuals, along with business tax breaks to encourage equipment investments.

The Internal Revenue Service said it is now possible to electronically file a tax return in which the Individual Taxpayer Identification Number and the Social Security Number don't match.