The Internal Revenue Service is working to develop withholding guidance for the tax reform bill. It anticipates issuing initial guidance next month with employers and payroll providers encouraged to implement them in February.

AbacusNext has acquired Commecial Logic, its second buy in the practice management space. Earlier this year, the San Diego, Calif.-based company purchased OfficeTools.

Thomson Reuters has released a series of articles covering important issues in the final version of the "Tax Cuts & Jobs Act". These Thomson Reuters Federal Tax Updates cover more than 100 provisions.