Practice Management

The Internal Revenue Service has increased its audits of taxpayers at upper-income levels.

With individual filing season underway, it’s questionable how many taxpayers are aware of their use tax obligations, and actually track their Internet purchases during the year in order to accurately report and pay them.

The Internal Revenue Service’s Office of Appeals is already making initial preparations to deal with appeals from taxpayers as a result of various provisions of the health care reform law that are scheduled to take effect in the years ahead.

The Chartered Institute of Management Accountants could eventually merge with the American Institute of CPAs, according to CIMA’s chief executive.

Sage and Deltek reseller and technology consultant BCS ProSoft has purchased the Deltek Vision practice from Forepoint Inc., effectively growing its staff and customer base for the enterprise resource planning product.

BDO USA has expanded its New York and Los Angeles practices by adding six partners and 65 staff members from Salibello & Broder, effectively acquiring the firm.

President Obama may have run afoul of the Constitution in using a recess appointment to appoint Richard Cordray as the director of the nascent Consumer Financial Protection Bureau, but the need for the bureau to take action has been growing.

Sensiba San Filippo has merged in another California firm, W.H. Mayer Accountancy Corporation, expanding Sensiba’s presence in the state.

While 2011 ended without many last-minute tax law changes aside from the payroll tax cut extension, taxpayers should still be aware of a number of changes.

Deloitte’s consulting arm has acquired Ubermind, a Seattle-based agency that helps companies develop and use mobile applications.