Practice Management

Grant Thornton LLP has acquired the Oracle consulting business of MarketSphere LLC, a Kansas City, Mo.-based business consulting firm.

The American Legion and other veterans’ organizations are expressing concern over reports that the Internal Revenue Service is requiring them to maintain military service records for their members or face stiff penalties.

Swiss banks will reach final settlements over tax disputes with the U.S. by 2015, according to Patrick Odier, chairman of the Swiss Bankers Association.

Grant Thornton has acquired the Oracle consulting business of MarketSphere, a Kansas City, Mo.-based business consulting firm, which expands Grant Thornton’s Technology Solutions practice.

The Internal Revenue Service has issued temporary and proposed regulations for charitable hospital organizations on how to report any excise taxes for failing to meet the community health needs assessment requirements of the Affordable Care Act.

The Internal Revenue Service plans to make a priority of issuing guidance relating to measurement of a Section 501(c)(4) organization's primary activity and whether it is operated primarily for the promotion of social welfare, including guidance relating to political campaign intervention, in response to recent scandals at the agency.

Approximately 23.4 million individual income tax returns reported nonfarm sole proprietorship activity for tax year 2011, a 1.8 percent increase from 2010, according to newly released statistics from the Internal Revenue Service.

Your firm may be successful today, but everyone knows that success can be fleeting unless you’re continuously thinking ahead to identify and win the next client.

Three different generations offer advice to each other

Tax planning for individuals before year-end