Tax Strategies

  • M&A

    Accounting firm Weaver and Tidwell said it planned to merge with Patterson, Newman & Associates on Jan. 1, allowing Weaver and Tidwell to expand its energy practice.

    December 31
  • Snodgrass, Dunlap and Co. plans to merge its office in Iola, Kan., with Jarred, Gilmore & Philips, an accounting firm based in Chanute, Kan., on the first of the year.

    December 31
  • Kahn, Litwin, Renza & Co. said it is merging in Daniel Ryan & Co. on Jan. 1, adding between 10 and 16 professionals to its staff and giving KLR more expertise in tax planning.

    December 31
  • The Internal Revenue Service said the upcoming tax-filing season would start on time in mid-January, except for up to 13.5 million taxpayers who will have to wait until Feb. 11 if they need to file any of five forms affected by the late enactment of a patch for the alternative minimum tax.

    December 28
  • Wesley Snipes' tax evasion trial will occur next month in Ocala, Fla., even though the actor's lawyers claim he won't be able to receive a fair trial in the city because of pervasive racism.

    December 28
  • The Internal Revenue Service has told FedEx that it has been misclassifying its delivery drivers as independent contractors and is ordering the shipping company to pay back taxes and penalties.

    December 28
  • The U.S. Court of Federal Claims has issued a ruling in a tax shelter case that could have far-reaching implications in similar cases.

    December 28
  • An appeals court judge has ordered that a tax protestor is entitled to a new trial because he was denied the opportunity for expert testimony from his psychiatrist.

    December 28
  • Texas plans to begin imposing a $5-per-customer fee at strip clubs across the state starting in the New Year, in what some are referring to as a "pole tax."

    December 27
  • Howard, Wershbale & Co. said it has combined practices with Edward Lowe, a CPA who formerly worked for Ball & Associates.

    December 27