Jefferson Wells, a global provider of accounting and finance-related services, elevated Mark Reinemann to the post of president and chief operating officer of the 41-office concern, headquartered here. Reinemann had most recently served as vice president of operations, a post he has held since 2003. Prior to coming aboard at Jefferson Wells, Reinemann spent much of his career in the banking industry, leading the start-up of First Business Bank in Milwaukee and also serving as executive vice president of U.S. Bank. Separately, the company tapped Ellen Evans as director of marketing. She will be charged with implementing and developing marketing strategies as well as overseeing public relations.
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Firms utilizing outsourcing, offshoring and other methods to expand their workforce share what works, and what needs to be reimagined.
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Democrats in the Senate and House proposed a bill aimed at ensuring billionaires pay a "fair share" of taxes, without actually raising their tax rate under current law, while Republicans advanced tax legislation of their own pertaining to the Internal Revenue Service and the U.S. Tax Court.
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Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.
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The Financial Accounting Standards Board posted an accounting standards update to improve the guidance on accounting for internal-use software costs.
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IFRS Foundation appoints new trustee; IPSASB announces new and returning board members; and more news from across the profession.
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The National Association of State Boards of Accountancy and the American Institute of CPAs today released an exposure draft proposing changes to Continuing Professional Education standards.
September 17