Practice Management

Two recent court cases have had a significant impact on the use of cost segregation studies in terms of reclassifying building components for accelerated depreciation.

BDO’s member firm in Australia has merged in PKF’s practice on the East Coast of the continent, expanding the firm's presence after it retrenched earlier this year.

The House Ways and Means Select Revenue Measures Subcommittee held a hearing Friday on various expiring and already-expired tax breaks.

The IRS Oversight Board said in its annual report to Congress that the Internal Revenue Service needs to reassess its goal of delivering tax refunds within 45 days given the prevalence of electronic filing.

Weaver said Friday it has merged with Delong Consulting Services, a consultancy that offers compliance and risk management services to financial institutions, effective June 1.

The House voted to repeal the 2.3 percent excise tax on medical devices and another provision from the health care reform law that prevents holders of health savings accounts from buying over-the-counter medicine without a prescription.

Compliance professionals around the world say they are not ready to handle the demanding requirements of the Foreign Account Tax Compliance Act, according to a new survey.

Here are the areas where a CPA firm could be most useful to retail companies:

A pair of Republican senators have introduced a bill aimed at providing a long-term fix for the expected hike in student loan interest rates.

Rep. Sander Levin, D-Mich., said Wednesday that he plans to introduce a bill to provide tax breaks for small businesses that hire new employees or increase wages as a substitute for a bill being pushed by House Republicans to repeal the medical device tax in the health care law.