Practice Management

The Internal Revenue Service is asking for public comments on how to most effectively carry out a law that will require businesses to report a wider range of payments to contractors, vendors and others, usually on Form 1099, starting in 2012.

The Senate failed to pass a bill on Wednesday night to extend unemployment benefits and the closing date for home purchases that could qualify for the Homebuyer Tax Credit, although it later managed to pass the Homebuyer Tax Credit closing date extension separately.

Accounting firm Meyers Norris Penny has acquired PricewaterhouseCoopers’ Personal Insolvency practices in 11 regions of Canada.

IMGCAP(1)]How many times have you placed an ad, sent out direct mail pieces, or delivered a newsletter without receiving your desired response?

The House passed the financial regulatory reform bill that emerged from a House-Senate conference committee by a 237-192 margin.

Senate Finance Committee Chairman Max Baucus, D-Mont., has launched an investigation into the tax practices of Transocean Ltd., the owner of the offshore drilling rig that exploded in the Gulf of Mexico this past April, leading to the disastrous oil spill.

The Senate has introduced a bill aimed at helping small businesses access credit and capital and create jobs.

Southern regional accounting firm Carr, Riggs & Ingram has combined with Cooper Graci & Co., expanding the Enterprise, Ala.-based firm’s footprint to Austin, Texas.

A set of tax provisions that are scheduled to expire at the end of this year will change the tax landscape for many investors who will need advice on how to adjust.

The House voted Tuesday to extend the closing deadline for taxpayers seeking the Homebuyer Tax Credit.