Practice Management

Last week I wrote about certain fixed fee arrangements where I did extras I did not bill for. Here is a further explanation.

UHY Advisors and UHY LLP have acquired the professional services firm Pratesi, Salemi & Company LLC and the valuation firm Brentmore Valuation Advisors, in West Hartford, Connecticut.

Eide Bailly is expanding its presence in Las Vegas by adding the consulting firm JW Advisors and the CPA practice of Bryce Wisan.

An emeritus professor of business administration in Rochester, New York, pleaded guilty to hiding $200 million in assets from the Internal Revenue Service by using offshore accounts at a bank that people familiar with the matter identified as Credit Suisse Group AG.

The IRS has issued an urgent alert to tax professionals who use IRS e-Services to beware of an e-mail asking them to update their accounts and directing them to a fake Web site.

Victims of October's Hurricane Matthew in parts of Virginia may qualify for tax relief, the IRS said.

Tax preparers charge a nationwide average of $114 to prepare a Form 1040 with no schedules.

This past April, I stepped onstage to deliver the keynote address to one of my firm’s largest client conferences for tax. I addressed a group of 1,200 or more professionals almost evenly balanced between men and women. In fact, in EY’s own tax practice, women represent 52 percent of the professionals.

The Internal Revenue Service has issued final regulations on controlled foreign corporations to provide rules about the treatment of U.S. property held by the CFC in connection with transactions involving partnerships.

The New Hampshire accounting firms Nathan Wechsler & Company, PA, and Robert M. Mucha, CPA, P.C., have combined, effective Oct. 28, 2016.