Practice Management

Seven in 10 business owners in the United States expect to exit their company in the next 10 years, according to research from SellabilityScore.com. When we asked business owners who they would turn to for advice on selling, 64 percent said they would seek the advice of their accountant, thus ranking the CPA as the most trusted professional among all of the advisor categories we measured.

Pacion Ajder PC has merged into the Northbrook, Ill.-based practice of Lipschultz Levin & Gray LLC. Terms of the deal were undisclosed.

Gofrank & Mattina PC has merged with the Lapeer, Mich.-based accounting firm Brown & Kent PC. The combined firm now has a total of 29 employees, including 19 CPAs.

The Seventh Circuit Court of Appeals has affirmed the dismissal of a class action that sought damages by class members as a result of the 2008 UBS tax evasion scandal.

Google Inc.’s planned litigation against the U.S. Internal Revenue Service centers on a domestic, not international, tax dispute, the company said.

A recent Tax Court case involving listed transactions is important for what did not happen: the Internal Revenue Service did not “throw the book” at the taxpayer.

The Internal Revenue Service announced that it would begin accepting tax forms covering depreciation on Sunday, February 10, and forms covering education credits on Thursday, February 14.

Baker Tilly International's revenue update, FASB updates, network memberships and more...

Intacct has revamped its pricing and added several updates to its Accountants Program, all of which are designed with the purpose of making it simpler and more compelling for accountants to join.

The Internal Revenue Service has stepped up its efforts this tax season to combat identity thieves who steal taxpayers’ tax refunds, participating in a nationwide sweep that nabbed 389 identity theft suspects last month alone.