Practice Management

IMGCAP(1)]I came into the financial industry through ad agencies in the 1980s. Back then, I was the head marketing writer for a large national financial firm. So, I’ve got a pretty broad and extensive background. Does that experience qualify me to manage your marketing? No.

The New York State Society of CPAs told the Internal Revenue Service that its upcoming exam for non-CPA tax practitioners should include a section in which exam takers are asked to prepare a sample 1040 return.

Credit Suisse said it has become a target of a Justice Department investigation into its private banking business.

A new bill from a pair of Democratic senators would eliminate a tax break on corporate stock options.

The Internal Revenue Service advised truckers and other owners of heavy highway vehicles that their next federal highway use tax return, usually due Aug. 31, will instead be due on Nov. 30, 2011.

Ernst & Young has launched a new Web site to assist financial institutions in complying with the new U.S. tax regime under the Foreign Account Tax Compliance Act.

Balance Financial, a consumer finance software and services company, has introduced a set of bookkeeping products and services called Balance Certified Pro.

A federal court has permanently barred Howard Musin, his wife Jill Schwartz-Musin, who formerly worked as an IRS special agent, and their three companies from preparing federal tax returns for others.

MNP LLP, one of Canada’s largest chartered accounting and consulting firms, plans to merge in Stern Cohen Shier Inc., an insolvency firm based in the Toronto area, effective Sept. 1.

IMGCAP(1)]I think it’s safe to say no one really likes to receive negative feedback on a service their firm provides.