Practice Management

Senator Marco Rubio, R-Fla., plans to introduce legislation that would provide a replacement for the Earned Income Tax Credit in the form of a “wage enhancement.”

The head of the union representing Internal Revenue Service employees is warning about persistent underfunding of the Internal Revenue Service in the omnibus spending bill unveiled yesterday by congressional negotiators.

BDO USA LLP has expanded its middle-market presence with the addition of Business Forums International.

Yeo & Yeo and Hungerford & Co. of Southgate, Mich. have agreed to merge. The combined firm will operate under the Yeo & Yeo name and will give the firm the opportunity to extend its reach in the Southeast Michigan region.

McGuire Sponsel has merged with the consulting firm BT ProjectPoint. The new addition will assist organizations to secure project financing, provide swap and debt advisory services, and negotiate and secure economic incentives.

As the holidays recede in the rear-view mirror, many CPAs begin to observe a worrisome trend. The stack of paperwork on the corner of the desk, the number of emails in the inbox, and the items on the to-do list begin to expand as if by magic. It is a sign that the busy season is upon us, yet again.

The United States is falling behind Europe and China in efforts to capitalize on globalization and could potentially miss out on future economic growth as a result, according to a new survey by the international accounting and consulting network UHY.

Mergers and acquisitions between CPA firms are expected to continue at a strong pace this year, particularly among small to midsized regional firms, according to a new book on acquisition strategies published by American Institute of CPAs.

Marcum LLP has added three divisions of Braver PC to its roster.

We can always discuss product news, but I’m thinking that in recent history there have been few development more worth noting than the acquisition of Tectura and Armanino’s move to snap up Rose Business Solutions.