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The Obama administration is handing out $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy projects to provide jobs across the U.S. after announcing a disappointing employment report for December.

2nd Story Software has released the final versions of its TaxACT 2009 federal and state tax software products.

On the heels of the IRS’s plan to begin regulating tax preparers, the Justice Department announced that it has filed six lawsuits this week to stop preparers charged with generating fraudulent income tax returns.

Sikich LLP has merged in two IT service consulting firms, Hal Weinberger Consulting and MAS Consulting, in the latest examples of the firm’s merger spree.

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The Internal Revenue Service proposals for registration, testing and continuing education of tax preparers has won praise from most stakeholders.

The Senate’s failure to decide what to do about the estate tax is bound to open up more demand for estate planners this year.

Actor Nicolas Cage reportedly owes $128,000 in back taxes on a Rhode Island mansion that he has been trying to sell to settle his personal IRS tax debts.

JHI, a global network of independent accounting, business advisory, and financial consultancy firms, is now being managed by CMA Association Management, as of Jan. 4.

Florida accounting firm Kauffman, Rossin & Co. has brought on board the team from Ft. Lauderdale-based London Witte & Co.