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Newswire
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Treeno Integrates with QuickBooks
November 20, 2009Enterprise content manager Treeno Software has launched an integration module for the users of Intuits QuickBooks.
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IDEA Teams with Audimation on Risk Monitoring
November 20, 2009CaseWare IDEA and Houston-based Audimation Services have launched SymSure for IDEA continuous auditing and monitoring risk management software.
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Software Integrates Tax Prep with Corporate Reporting
November 20, 2009Thomson Reuters has introduced software to help corporate tax departments integrate the financial reporting and accounting data they need for preparing the tax footnote in an annual report with their corporate tax return data.
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Baker Tilly Virchow Krause to Merge with Beers + Cutler
November 20, 2009Baker Tilly Virchow Krause plans to merge with Beers + Cutler to create the 13th largest accounting firm in the U.S., with over $250 million in revenue.
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Atkinson Elected NASBA Chair
November 20, 2009The National Association of State Boards of Accountancy has elected Billy M. Atkinson, a Sugarland, Texas-based CPA and PricewaterhouseCoopers audit partner, as its 2009-2010 chairman.
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Study Identifies Most Regressive State Tax Systems
November 20, 2009Most states tax their middle- and low-income families far more heavily than the wealthy, according to a new study by the Institute on Taxation & Economic Policy.
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Intuit Posts Q1 Loss
November 20, 2009Citing drops in its core QuickBooks revenue and typical ³seasonal² losses during the first quarter, Intuit Inc. posted a loss of $68 million versus $52 million for the prior year for the period ended October 31.
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IRS Files $34M Lien Against Girls Gone Wild Founder
November 20, 2009Joe Francis, CEO of the company that produces the racy Girls Gone Wild video series, is in trouble with the IRS again only weeks after a judge sentenced him to time served for tax evasion charges.
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Bagel Company Owner Indicted for Stealing Withholding Taxes
November 19, 2009The owner of New York bagel maker H&H Bagels has been indicted and arrested for stealing withholding taxes and evading unemployment insurance tax in connection with his wholesale and retail bagel business.
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XBRL US Issues Call for Research Partners, Names Fellows
November 19, 2009XBRL US Labs has issued a call for research partners to expand the research and development projects it already has underway and named its first three research fellows.
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NetSuite Partners With Aria Systems on Billing
November 19, 2009NetSuite has integrated Media, Pa.-based Aria Systems billing functionality, which was developed using NetSuites SuiteCloud technology.
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Fujitsu and Trintech Partner to Extend XBRL Capabilities
November 19, 2009Trintech Group has embedded the Fujitsu Interstage XWand XBRL processing engine into the Trintech Unity Xtensible Financial Reporting software module.
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Senate Health Bill Contains Tax on Cosmetic Surgery
November 19, 2009Senate Majority Leader Harry Reid, D-Nev., introduced the Senates version of the health care reform bill, which includes a new 5 percent tax on elective cosmetic surgery.
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Accountants Think Companies Arent Ready for Recovery
November 19, 2009A new survey of corporate accountants found that 46 percent said their company could do more to prepare for recovery and another 8 percent believe their company is poorly prepared for recovery.
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Over $532M Wrongly Claimed for Education Tax Credits
November 19, 2009Approximately 203,000 taxpayers erroneously claimed a total of over $300 million in Hope Credits for higher education in 2006, and over 169,000 claimed over $232 million in credits, according to a new report by the Treasury Inspector General for Tax Administration.
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UBCC Adds ACH Automatic Payments to Payroll
November 18, 2009Universal Business Computing Company has added an automated clearing house tax payments feature to its payroll service bureau program.
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IASBs Jones to Helm Paces Accounting Standards Center
November 18, 2009Former International Accounting Standards Board Vice Chairman Tom Jones has been appointed director of Pace Universitys Center for the Study of International Accounting Standards.
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Intuit Receives SMB Excellence Award from IDC
November 18, 2009Market research firm IDC has recognized Intuits work with IBM on the Smart Business Platform as part of its first SMB Excellence Awards.
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Singer Aaron Carter Owes IRS Over $1 Million
November 18, 2009Former teen idol Aaron Carter reportedly owes the Internal Revenue Service more than $1 million in back taxes.
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IMA Offers Advice to Small Businesses on Budgeting
November 18, 2009The Institute of Management Accountants has released a set of tips to help small business managers with their planning and budgeting.
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AccountingMatch Expands to New Markets
November 18, 2009A Web service that matches small businesses with accountants is expanding into nine new markets.
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Overstock CEO Objects to Grant Thornton Audit
November 18, 2009Internet retailer Overstock.com has dismissed Grant Thornton as its auditor and opted to file an unaudited version of its third-quarter financials.
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Goldman Sachs, Warren Buffett Team in Small-Biz Program
November 18, 2009Financial services conglomerate Goldman Sachs said it will launch a program that will earmark $500 million to assist the small-business community.
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SBA to Use More TARP Funds for Small Business
November 18, 2009The Treasury Department and the Small Business Administration convened a Small Business Financing Forum in which they discussed ways to expand credit to small business.
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WorkingPoint Adds Tax Prep for Small Business
November 17, 2009WorkingPoint, a company that develops online software for small businesses, has added new features to make it easier for its customers prepare their 2009 tax returns.
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SEC Charges Promoters of Green Ponzi Scheme
November 17, 2009The Securities and Exchange Commission has charged four individuals and two companies who persuaded more than 300 investors nationwide to participate in purported environmentally friendly investment opportunities that the SEC says were actually part of a $30 million Ponzi scheme.
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14,700 Taxpayers Voluntarily Disclosed Foreign Accounts to IRS
November 17, 2009Over 14,700 holders of foreign bank accounts told the Internal Revenue Service about the existence of the accounts under a voluntary disclosure program.
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Capco Starts Wealth Management Group
November 17, 2009Consulting firm Capco has introduced a North American Wealth and Investment Management Group to help build the wealth and investment management capabilities of various types of financial firms.
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Crowes Hildebrand Joins AICPA Board
November 17, 2009Crowe Horwath partner Mark Hildebrand has been named to the board of directors of the American Institute of CPAs.
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Obama Sets Up Financial Fraud Task Force
November 17, 2009President Obama has established an interagency Financial Fraud Enforcement Task Force that will work with state and local authorities to investigate and prosecute significant financial crimes.
Special Offers
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Editors' Picks
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Broker-dealers weather the crisis
What they did - and what they're doing differently
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Rangel Plans to Renew Expiring Tax Breaks
House Ways and Means Committee Chairman Charles Rangel, D-N.Y., intends to introduce legislation next month that would keep a variety of tax breaks from expiring before the end of the year.
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LAUNCHING A PRACTICE: Removing the Barriers to Entry
CPAs are brilliantly positioned to become successful and profitable wealth managers, yet they often face barriers that, without proper planning, can keep them from taking the necessary steps to create an additional profit center.
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