Practice Management

A collection of recent accounting firm mergers and acquisitions

Highlights of some of our favorite tax-related blogs from the past week.

The Internal Revenue Service is encouraging taxpayers with previously undeclared foreign bank accounts to enter into its Offshore Voluntary Disclosure Program, but there are now choices between a new streamlined version of the OVDP and the regular program that will require careful consideration and advice from practitioners.

The Internal Revenue Service is making changes in W-2 and 1099 forms and reporting requirements, starting next year.

The Internal Revenue Service announced the annual inflation adjustments for tax year 2015 for more than 40 tax provisions, including the tax rate schedules, and other tax changes.

New York’s banking regulator will ask for more than $300 million to settle an investigation into whether Bank Leumi Le-Israel BM helped Americans evade taxes, a person familiar with the matter said.

Governments around the world closed in on tax evaders with an automatic data-sharing accord that broadens efforts by the U.S. and the five biggest European Union economies to more than 50 countries and territories.

A former Internal Revenue Service employee received a prison sentence for leading a conspiracy to steal taxpayers’ identifying information in order to receive fraudulent tax refunds.

Accounting firms Elliott Davis and Decosimo said Wednesday they plan to merge at the beginning of the year to create one of the largest regional firms in the U.S.

The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa.