Practice Management

An overwhelming majority of senior financial executives say their tax department’s top priority is not tax savings or their effective rate, but timely and accurate tax return and financial reporting, according to a national survey of CFOs and senior comptrollers conducted by Grant Thornton LLP.

Moss Adams plans to acquire Grant Thornton’s Albuquerque practice on July 31, 2010, after Grant Thornton’s senior leadership decided to exit the New Mexico market.

Senate Democrats have introduced the latest version of their mammoth tax extenders and unemployment benefits extension legislation, further modifying provisions such as the taxation of carried interest of hedge fund managers and private equity firm partners and reducing the cost to under $110 billion in part by scaling back Medicaid aid to states.

Sometimes you just need advice from someone who has been there before. At the Association for Accounting Marketing Summit in Washington, D.C., those needing a primer heard from a team of experts what they should know when entering the field of accounting marketing.

Master motivator and $100 million salesman Sean McArdle kicked off the 21st Association for Accounting Marketing Summit here with a keynote about mastering the challenge of change.

Top companies were able to dramatically reduce their corporate risk profile, and maintain compliance with sales and use taxes and value-added taxes, by leveraging automated tax management tools, ranging from tax calculation engines, filing and remittance systems, to audit control solutions, according to a new report.

Nearly 1,300 prisoners claimed over $9 million in First-Time Homebuyer Tax Credits, according to a new government report.

Gulf Coast residents contending with the oil washing up on their shores could find that the checks from BP come with a few mucky strings attached.

The Tax & Accounting business of Thomson Reuters has integrated the latest tax holidays into its Sabrix sales and use tax solutions.

The U.S. Environmental Protection Agency has sent a letter to Congress in support of reinstating lapsed tax provisions that require polluters to pay for the Superfund for environmental cleanup.