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Latest News
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IRS Looks for Taxpayer Advocates
The Internal Revenue Service is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel, a federal advisory committee that makes recommendations for improving the agency’s service. Read more
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“IRS Problem Solver” Has Problem with California Ballot
California Secretary of State Deborah Bowen, the state’s top elected Democrat, has rejected Republican congressional candidate Phil Liberatore’s ballot designation, alleging that Liberatore’s description as "IRS Problem Solver," is overly broad and associated with an entity or organization. Read more
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CPAs Disciplined for Porn Site Accounting Fraud
The Securities and Exchange Commission has entered final judgments against two CPAs accused of market manipulation and financial fraud in auditing a company that operated adult Web sites. Read more
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GAO Says IRS Still Has Computer Security Problems
The Internal Revenue Service continues to have problems with the security of its computer systems, jeopardizing the confidentiality of taxpayer information, according to a new report. Read more
Departments
Today's Inside Views
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Potential Clients Abound for Roth IRA Conversions
An increasing percentage of tax advisors’ client base is now eligible for a Roth IRA, according to a survey of 500 tax advisors. Read more
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MSU Accounting Students Spend Week in Alaska
Four accounting majors from Montana spent their spring break in remote Alaskan villages preparing tax returns for residents. Read more
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It's work getting a job
Those on the job search know how the process can be excruciatingly frustrating and deflating. Take a glimpse into the life of accounting graduate Timothy Compton as he shares his experience landing work. Read more
Washington This Week
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House Committee Passes Small Business Tax Cut Bill
The House Ways and Means Committee has approved legislation to provide tax relief to small businesses and extend financing measures for creating jobs. Read more
Industry Leaders – Q&A
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James L. Kroeker
The SEC’s Chief Accountant has been overseeing accounting interpretations, professional practice issues, and international accounting matters during a time of rapid economic change. Read more
Special Reports
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Accounting Today Top 100 Firms of 2010
Filled with valuable benchmarking data and analysis, the Top 100 Firms 2010 report is referred to throughout the year by accounting firms and industry observers. Starting this year, it also includes the well-regarded Practical Accountant Regional Leaders survey of the preeminent firms in major regional markets.
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Editors' Picks
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GASB takes aim at sustainability
Deficit worries prompt focus on economic condition reporting
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IRS Employees Rescued Each Other After Plane Crash
IRS workers demonstrated bravery in helping each other escape from a burning building after a deranged pilot crashed his plane into their facility in Austin, Texas, last month.
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Technology's Role in Winning Back Investor Confidence
Today's investors are understandably anxious, with continued market volatility and the waning performance of their retirement and college savings accounts.
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