Practice Management

The Internal Revenue Service requested a budget of $10.6 billion for the 2007 fiscal year, an increase of 1.4 percent from the current year's budget.

RSM McGladrey has acquired the non-attest practice of Stauffer & Co. LLC. In a separate deal, McGladrey & Pullen LLP acquired the attest practice of Stauffer.

CCH, a Wolters Kluwer business and a provider of tax and accounting information, software and services, has acquired the "Property Tax Reference" from Vertex Inc.

The Senate passed a bill containing $70 billion in tax cuts, part of a budget push Republicans are hoping will lead to an extension of President Bush's tax cuts.

The Internal Revenue Service will host a series of six tax forums across the nation this summer for tax professionals.

Lakewood, Colo.-based McCutcheon & Co., an accounting firm specializing in nonprofits, has merged with accounting and consulting firm Anton Collins Mitchell.

President Bush did not mention tax reform in his State of the Union Address, generally talking only about the importance of keeping the country competitive in the world marketplace by ensuring the economy continues to grow.

Smart and Associates LLP has acquired the compensation and benefits tax practice of KPMG. Terms of the transaction were not disclosed.

The Internal Revenue Service Oversight Board released its annual report on electronic filing to Congress, recommending that the IRS' E-filing goal be extended until 2011.

Midwest business and technology consulting firm Socius has acquired the consulting division of Bruner-Cox LLP, BC Technology Ltd.