Practice Management

A group of Democratic senators has written to IRS Commissioner Douglas Shulman expressing concerns about new requirements for expanded 1099 reporting.

Deloitte plans to strengthen its Southwestern Ontario practice in Canada by adding 35 new colleagues through a proposed merger with Horne LLP of Burlington, Ontario.

Michigan accounting firm Doeren Mayhew is expanding to Houston by merging with TR Moore and Co.

Businesses will be able to claim up to $8.5 billion in tax exemptions and credits for 4.5 million recently hired employees under the HIRE Act, according to a new Treasury Department report.

The Internal Revenue Service has opened a special telephone line for taxpayers affected by the Gulf of Mexico oil spill.

The IRS Oversight Board has improved its internal financial management, but more needs to be done, according to a new government report.

Accounting and consulting firm Rehmann has closed its acquisition of Veritas Global, a firm that provides corporate investigative services and business intelligence.

In her first report of the year, National Taxpayer Advocate Nina Olson cited the new Form 1099 reporting requirements among her objectives for focus during the fiscal year ahead.

A former IRS revenue officer has been sentenced to nearly three-and-a-half years in prison for filing false tax returns through the tax prep business he operated after leaving the IRS.

The American Institute of CPAs has published a free career development guide to help CPAs and other financial professionals obtain federal economic stimulus grants for training and certifications to increase their job prospects.