The Latest

Two accounting firms, Mueller Yuva & Osterman and Larson and Associates, have merged to combine their strengths in auditing, estate planning and other services.

Accounting firm Grant Thornton reported that its 2007 revenues increased 14.4 percent, to $1.075 billion.

Sage Software has extended its Business Partner Alliance program to encourage resellers and accountants to work together more closely.

The economic stimulus package that President Bush signed into law last week is drawing attention mostly to its tax rebates for individuals, but the bill also contains several provisions that should benefit small and midsized companies.

Epicor Software named Thomas Kelly as the company's new president and CEO, succeeding former CEO George Klaus, who will continue serving as executive chairman of the board.

The Internal Revenue Service wants senior citizens, disabled veterans and retired railroad workers to make sure to file a tax return in order to receive a rebate, even if they don't normally do so.

As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.

Strategy and the Fat Smoker: Doing What’s Obvious But Not Easy by David Maister was given to me at the recent Winning Is Everything Conference, where he was a keynote speaker. This is the same David Maister who wrote the critically acclaimed Managing the Professional Firm (1993). I read that book twice and have heard him speak a number of times, and was always impressed by what he said, but always thought it was a bit theoretical.

The Internal Revenue Service has issued Revenue Procedure 2008-16, which provides a safe harbor under which the IRS will not challenge whether a property that is rented to others but also occasionally used by the owners for personal purposes qualifies as property that may be exchanged in a like-kind exchange under Section 1031 of the Tax Code.

The Georgia Senate has approved a bill that will do away with the state portion of the property tax.