Practice Management

There’s a certain amount of suspense these days in our nation’s capital about what’s going to happen not only with health care reform, but also financial regulations.

The Iowa Attorney General has filed criminal charges against two filmmakers and the former head of the Iowa Film Office accusing them of mishandling over $1.85 million in tax credits for a movie production.

BizActions, a provider of e-mail newsletters for CPAs, has introduced BizSurvey, a tool that allows users to create and deploy surveys and aggregate the results.

Accounting firm Grassi & Co. is expanding its presence in New York and New Jersey, with the partners and staff of Soloway, Goldstein, Silverstein & Co. joining the firm in Manhattan.

A former UBS client who owned and operated several businesses that manufactured and sold watches has pleaded guilty to tax charges related to concealing over $10 million in secret Swiss bank accounts.

Over two thirds of CFOs at leading U.S. technology businesses expect sales revenue at their companies to increase this year, according to a survey by accounting firm BDO.

Sen. Barbara Boxer, D-Calif., and Jim Webb, D-Va., have introduced legislation that would impose a tax on large bonuses paid by Wall Street banks and other firms that received more than $5 billion from the Troubled Asset Relief Program in 2009.

A CPA has been suspended for 12 months from practicing before the Internal Revenue Service for providing false or misleading information when preparing his clients’ tax returns.

Despite its massive tax increases, the President’s 2011 Budget Plan contains a number of revenue provisions calculated to encourage business expansion and move the economy upward.

Ohio-based accounting and consulting firm Brady Ware is expanding to Georgia by merging with Atlanta-based Marsh & McConnell.