Practice Management

As part of the recently signed pension bill, the Treasury Department and the Internal Revenue Service will have to better define what constitutes "good" condition for donations of clothing or household items.The IRS can deny deductions for donated items such as furniture, appliances, linens or electronics if the items aren't in appropriate condition.

A representative from the Justice Department told a Senate panel that the agency is satisfied with the tactics used by prosecutors to pursue corporate criminals.

Continuing with a push to help its own customers grow their business, Intuit Inc. will include a number of Google Inc. services aimed at boosting the online profile of small businesses in its QuickBooks 2007 product line.

Thomson Tax & Accounting, a Thomson Corp. business, has acquired PassOnline, a provider of electronic continuing professional education.

State and local tax consulting firm Ryan & Co. announced that it has acquired Royal Oak, Mich.-based JohnBernard LLC, as well as combined with Canadian sales tax recovery firm Robert Brakel & Associates Ltd.

Using one of dozens of scenarios, undercover government auditors were mostly satisfied with the levels of assistance they received at several of the Internal Revenue Service's Taxpayer Assistance Centers.

The Internal Revenue Service announced a record settlement for a long-running a transfer pricing dispute with pharmaceutical giant Glaxo SmithKline Holdings Inc. and the company's subsidiaries.

As previously announced, the Internal Revenue Service will soon begin charging user fees for the residency certification letters commonly used to avoid foreign value added taxes.

Burr, Pilger & Mayer LLP has inked a deal to its second major merger this summer, with the planned acquisition of Walnut Creek, Calif.-based Leibowitz Shumaker Berger & Holsworth LLP.

After months of increasing reports of investigations by both the Securities and Exchange Commission and academics, Congress is now examining the sometimes-questionable timing of stock options granted to executives.