MORE NEWS
There are 8371 articles listed.
July 3, 2008
Young Accountant Becomes Olympic Hopeful
Haley Chura, an associate at CPA firm Bennett Thrasher, is trying out for a spot on the U.S. Olympic swimming team on July 4.
ADP Report Shows 79,000 Jobs Lost in June
Non-farm private employment declined by 79,000 jobs in June, according to figures released by payroll giant ADP.
Davidoff Takes Over at AAA-CPA
E. Martin Davidoff became the 45th president of the American Association of Attorney-CPAs during the association's Annual Meeting in Amelia Island, Fla.
Risk Management Concerns Audit Committees
Risk management has become a top concern of audit committee members, according to a new report.
Former Grabush Accountants Join Gorfine Schiller
Gorfine, Schiller & Gardwyn has hired two former partners and about 20 former employees of Grabush Newman & Co. after they left Smart & Associates, which acquired Grabush several years ago.
SEC and PCAOB Guidance Aids SOX Compliance
Rules and guidance issued last year by the Securities and Exchange Commission and the Public Company Accounting Oversight Board have made it easier for companies to cut the time they spend on Sarbanes-Oxley compliance.
July 2, 2008
Rehmann Group Merges in Pew & Kearis
CPA and business advisory firm The Rehmann Group, headquartered here. has merged in Novi-based Pew & Kearis.
Treasury, IRS, Issue New Disclosure Rules
The Treasury and Internal Revenue Service have issued Revenue Procedure 2008-35, TD 9409, and Reg. 121698-08, which update the rules regarding disclosure of tax return information by tax return preparers.
Small Biz Owners Give Thumbs Down on Economy
Impacted by rising prices for such staples as gas and food, nearly eight of 10 small business owners feel the economy is getting worse, according to the Discover Small Business Watch -- the highest level since the SMB survey debuted in August 2006.
Justice Department Seeks UBS Taxpayer Records
The Justice Department has filed papers seeking an order from a federal court in Miami, authorizing the Internal Revenue Service to request information from banking and financial concern UBS AG regarding U.S. taxpayers using Swiss bank accounts to evade taxes.
Sage Releases Timeslips 2009
Financial and accounting software provider Sage has released Timeslips by Sage 2009, an enhanced version of its time and billing application that includes a number of new features and improvements.
July 1, 2008
IRS Reduces Business Tax Extension Period
The Internal Revenue Service has moved the extended due date for partnership, estate and trust tax returns from Oct. 15 to Sept. 15 to avoid overlapping with the extended deadline for individual taxes.
Senate Confirms Three SEC Commissioners
The Senate has confirmed three new members of the Securities and Exchange Commission by unanimous consent, restoring the SEC to its full strength of five members.
H&R Block Revenue Rises 10 Percent
H&R Block reported that its fiscal 2008 revenues rose 10 percent to $4.4 billion, thanks to growth in its tax services business and the sale of its troubled Option One mortgage unit.
AICPA to Offer Training in IFRS, XBRL
The American Institute of CPAs plans to offer training in International Financial Reporting Standards and the Extensible Business Reporting Language.
Snipes Asks to Leave U.S. for Filming
Actor Wesley Snipes has asked a Florida judge to allow him permission to temporarily leave the U.S. to complete work on two of his movies while his tax conviction is being appealed.
Deloitte Builds $300M Learning Center
Deloitte plans to invest approximately $300 million to create a learning and leadership development center in Westlake, Texas.
June 30, 2008
Intuit Reorganizes and Cuts 575 Jobs
Intuit plans to eliminate about 7 percent of its workforce as it realigns its organizational structure to pursue a "connected services" strategy.
Accounting Today Calls for Nominations
Accounting Today is issuing a call for nominations for its annual Top 100 Most Influential People in Accounting list.
Committee Wants to Fine Tax Preparers Who Don't E-file
A committee of tax experts delivered an annual report to Congress recommending improvements in the IRS's Web and electronic filing services, including one suggestion that would punish tax preparers who don't file individual returns electronically.
IRS Agent Pleads Guilty to Soliciting a Bribe
A former Internal Revenue Service agent has pleaded guilty to soliciting a $5,000 bribe from a small business he was auditing.
Stimulus Payments Boost Economy
The Commerce Department's Bureau of Economic Analysis reported that tax rebate checks and economic stimulus payments have boosted personal income, disposable income and personal consumption expenditures significantly since April.
CAQ Warns of Audit Liability Risks
The Center for Audit Quality has sent a comment letter to the Treasury Department's Advisory Committee on the Auditing Profession recommending that it pay more attention to the litigation risk for audit firms.
June 27, 2008
Senate Mulls International Tax Reform
The Senate Finance Committee held hearings on reforming international tax rules, looking at the ways the federal government taxes the foreign income of U.S. taxpayers and businesses.
IRS Allows Inventory Method
The Internal Revenue Service has reversed itself on the rolling-average method of valuing inventory and will now consider it valid for tax purposes.
Advertisement
