Practice Management

The November 23 deadline for Congress’s deficit reduction “supercommittee” is only about a week away and effectively a few days less.

The House Ways and Means Oversight Subcommittee held a hearing to discuss the relative unpopularity of the Small Business Health Tax Credit that is part of the health care reform law.

Grant Thornton LLP plans to begin emphasizing growth as its new “brand focus,” positioning the firm as an organization that can help business clients grow despite the challenges of today’s economy.

MNP, one of the largest chartered accounting and consulting firms, said it would merge in Williams McGuire AML—a large anti-money laundering firm, effective January 1.

The deficit reduction “supercommittee” in Congress appears increasingly unlikely to make any decisions on taxes before its impending deadline.

The Internal Revenue Service has issued a new revenue procedure that provides a safe harbor for Native American tribes to establish trusts for tribal members who are minors or legally incompetent for the distribution of gambling revenues under the Indian Gaming Regulatory Act.

A new report from a Republican lawmaker details how, under the current Tax Code, the federal government is giving away billions of dollars to millionaires, subsidizing their lifestyles with taxes paid by the less well-to-do.

Global CPA and business advisory firm Grant Thornton is currently in negotiations to acquire Boston-based regional firm CCR, according to the Boston Business Journal.

One of Switzerland’s oldest banks, Clariden Leu, has become the latest to cooperate with U.S. tax authorities.

Confidence in the U.S. economy has plunged this past quarter among the CEOs and CFOs of private companies, according to a new survey by PricewaterhouseCoopers.