Practice Management

The Internal Revenue Service said Tuesday that it has reached an agreement with the Millennium Multiple Employer Welfare Benefit Plan, which went bankrupt last year.

Sen. Jay Rockefeller, D-W.Va., offered 18 proposals to cut $1.29 trillion from the federal budget deficit over 10 years, including closing corporate tax loopholes and eliminating special tax breaks for wealthy Americans and big companies.

President Obama used his weekly address to say it was necessary to raise taxes on the wealthy to help close the budget deficit.

An inmate in a New Jersey prison has pleaded guilty to scamming the Internal Revenue Service out of nearly $215,000 by recruiting his fellow prisoners and filing false tax returns for them.

Weaver LLP merged with the Midland, Texas, office of Killman, Murrell & Company, P.C., effective Friday.

Sage North America and Microsoft Dynamics reseller Britec Computer Systems Ltd. has merged with British Columbia-based Accpac VAR Empower Business Solutions Inc., the combination of which will add to Britec’s overall Accpac client base.

A New York accounting firm employee has admitted to defrauding clients of a payroll services company out of more than $3 million in tax money.

The Internal Revenue Service has selected 33 companies as prime contractors to provide information technology services over a 10-yer period.

Love was in the air at this year's Association for Accounting Marketing Summit in Chicago.

As if running a CPA firm didn't pose enough wrenching decisions for owners and managing partners on an almost daily basis, selecting a suitable framework for expansion has traditionally added to the litany of leadership headaches.