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Tax technologies concern New River Innovation has partnered with tax prep provider Drake Software to market New River’s flagship Beyond415 automated filing application.

President Barack Obama and Speaker of the House John Boehner, R-Ohio, made the case for their rival approaches to controlling the nation’s spiraling budget deficit as the clock ticks down to the August 2 deadline for raising the debt ceiling to avoid an unprecedented default on the national debt.

IMGCAP(1)]There is a fuzzy line between a worker who is properly classified as an employee and a worker who is properly classified as an independent contractor.

The Association for Accounting Marketing has a new leadership team in place.

Michael Andrew, chairman-elect of KPMG International, announced the firm's new leadership team today, including a new deputy chairman and new global heads of tax and advisory, as well as a new regional leader in Asia-Pacific.

Wisconsin accounting firms Schenck SC and Rajek, Grimm & Associates have combined, expanding Schenk’s footprint to the central part of the state.

The young professionals group of Leading Edge Alliance, the second largest international professional association of independently-owned accounting and consulting firms, is kicking off its first ever Global Volunteer Week Aug. 1 with the help of Southwest CPA firm Lane Gorman Trubitt.

Congress’s failure to reauthorize funding for the Federal Aviation Administration last Friday means that airlines can’t collect the federal excise tax on airline tickets, but most airlines quietly raised their fares so they could still pocket the extra money anyway.

The Internal Revenue is granting relief to people who have been burdened with the old tax debts of their estranged spouses by eliminating the two-year limit on requests for innocent spouse relief.