Tax

CPAs are more optimistic about business growth predictions for 2012 in their respective states than the nation as a whole, according to a new survey of CPAs in Indiana, Michigan, Ohio and Pennsylvania.

CCH Small Firm Services has partnered with tax and accounting services provider Tax Rite Inc. to offer resources for tax advice and technology issues.

The Internal Revenue Service said Tuesday that its Modernized e-File, or MeF system successfully opened this morning at 9:00 am Eastern Time and is now operational for individual tax returns and extensions.

The Tax & Accounting business of Thomson Reuters has acquired Canadian tax preparation software developer Dr Tax Software Inc.

President Barack Obama plans to include tax incentives in his fiscal 2013 budget to encourage more U.S.-based multinational companies to relocate jobs from foreign countries back home.

IMGCAP(1)]A new bill making its way through Congress has the potential to change the world of e-commerce quite drastically and hurt the viability of small businesses across the country to compete in a growing sector of our economy.

Tax form software developer Greatland Corporation has launched W-2 & 1099 Manager and FileTaxes.com Mobile, free mobile applications designed to help to manage year-end employee or contractor reporting via iPad and iPhone 3GS or newer versions.

Online metasearch product maker InfoSpace Inc. has signed a definitive agreement to acquire online tax product provider TaxACT for $287.5 million in cash after the Justice Department blocked H&R Block from buying the company.

The Internal Revenue Service said Monday that its electronic filing system is now open for business tax returns.

Ernst & Young and its affiliates have begun reimbursing lesbian, gay, bisexual and transgender employees for any additional federal and state taxes they incur for their same-sex domestic partners’ medical benefits in the U.S., starting Jan. 1, 2012.