Practice Management

While the Roth 401(k) plan option was enacted back in 2001 and has been available since January 1 of this year, advice over whether to jump on the Roth 401(k) bandwagon remains hard to give.Detailed rules on contributions, operations and distributions for Roth 401(k) plans have been slow in coming. Proposed reliance regulations on contributions weren't released until this past December; reliance regs on distributions weren't out until January.

Oracle, a high-volume provider of business software, based here, has validated the integration between compliance software Taxware Enterprise Version 4.3 and Oracle's PeopleSoft Enterprise Version 8.9.Taxware's software, a sales and use tax and value-added tax calculation application, now integrates with Oracle's PeopleSoft Enterprise Financial Management, including payables, and Supply Chain Management components, including order management, billing and purchasing.

TimePlus Payroll Inc., a provider of payroll, tax filing and benefit services, announced the acquisition of Los Angeles-based Payroll Perfect Inc.Financial terms of the deal were not disclosed.

Camarillo, Calif.-based Farber & Hass LLP has merged with Granada Hills, Calif.-based Hurley & Co. CPAs to solidify both firms' stake in conducting Securities and Exchange Commission audits.

Internal Revenue Service Commissioner Mark Everson said that lawmakers should consider making corporate tax returns part of the public record in a speech at the National Press Club in Washington.

About 10 percent of General Service Administration contractors owed roughly $1.4 billion in unpaid taxes between the years 2004-05,according to an investigation conducted by the Government Accountability Office.

Cochran, Head & Co. PC in Kansas City, Kan., will merge with the smaller Prestia Vick & Associates LLC based in Kansas City, Mo.

Financial planning concerns, Wedel & Associates and The Yanker Group have combined to create a single entity -- Four Seasons Wealth Management.

Crowe Chizek and Co. LLC announced that it will combine practices with Fort Lauderdale, Fla.-based Madsen Sapp Mena Rodriguez & Co. CPAs & Advisors.

The Internal Revenue Service awarded contracts to a trio of firms to participate in the first phase of its private debt collection initiative.