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A federal panel is recommending changes to governmental accounting that would require the cost of future Social Security and Medicare payments to be accounted for year-by-year as workers accumulate entitlements.
October 24 -
The partners of a pair of Charleston, S.C., accounting firms announced that on the heels of a merger, their business will be acquired by regional accounting firm Dixon Hughes PLLC.Financial terms of the deal were not disclosed.
October 23 -
The Rehmann Group announced plans to merge with Farmington Hills, Mich.-based Boyes, Wright, Pittman & Co. PLLC and Traverse City, Mich.-based Weber, Curtin & Pahssen LLC, in a deal effective Jan. 1, 2007.Financial terms of the deal were not disclosed.
October 23 -
Beginning in January, Link2Gov will be able to process credit card payments related to federal business tax Forms 941 and 940 for an expanded number of filing years -- 1997 through present balance due.
October 23 -
Rea & Associates Inc., an accounting and business consulting firm with 10 offices in Ohio, will merge with Lake County, Ohio-based Lynch, Anselmo, Ott, Bryan + Co. in a deal effective Nov. 1.
October 22 -
The Treasury Department and the Internal Revenue Service issued proposed regulations addressing the tax treatment of an exchange of property for an annuity contract.
October 19 -
The Internal Revenue Service announced that the appeals arbitration process is no longer a pilot program but part of business as usual at the agency.
October 19 -
The chairman of the Joint Economic Committee is asking the Internal Revenue Service to refrain from taxing online gamers.
October 19 -
In a second October acquisition, Clifton Gunderson LLP announced that it will acquire the Schaumburg, Ill.-based firm of Nykiel, Carlin & Co. Ltd.
October 18 -
Two Indianapolis accounting firms -- Zurface, Sanders & Rasor and LM Henderson & Company PC -- have merged.
October 18