Practice Management

Kaysville, Utah

Thomson Reuters has acquired TaxSimple, one of the last independent software companies in the tax software market.

The continuing inability of Congress to agree on what to do with the expiring Bush tax cuts has real consequences, as small businesses remain stymied in their planning for the future.

Senate Finance Committee chairman Max Baucus, D-Mont., has begun an investigation of the tax status of earnings by Prudential Financial on survivor death benefit accounts for life insurance policies it sold to members of the armed services.

Sage reseller Blytheco LLC has acquired SFA Technology, a Denver-based SalesLogix reseller and customer relationship management consultant.

Internal Revenue Service Commissioner Doug Shulman said Friday that the IRS has been listening to complaints about its plans to require companies to disclose their uncertain tax positions and is relaxing some of the original proposals while phasing in the schedule over five years.

Playoff PAC, a group that opposes the college football Bowl Championship Series, has filed a 27-page legal complaint with the Internal Revenue Service against bowl organizations affiliated with the BCS.

Senate Democrats have decided to wait until after the mid-term election in November to hold a vote on legislation to extend the Bush tax cuts of 2001 and 2003, which are due to expire at the end of this year.

IMGCAP(1)]A casual meeting can be built into a successful business relationship, if you recognize that moving from acquaintance to prospect to client is a process requiring planning and patience.

The Senate Finance Committee held hearings Thursday on tax reform and the lessons learned from the Tax Reform Act of 1986 in the wake of a recently published report from a presidentially appointed panel.