The Internal Revenue Service has given taxpayers until midnight April 18 to file taxes. The IRS took the action because of computer outages on Tuesday, morning, April 17, but said it did not impact many taxpayers. Taxpayers do not need to take any action to receive the extension.

The Progressive Accountant's Patrick O'Leary discusses accounting firm succession planning with Bill Carlino, Transition Advisors' Managing Director. Bill focuses on key factors that firm partners should consider to avoid either an unfavorable merger or closing the doors altogether as well as what needs to be done to put your plan in place.