The Latest

Highlights of some of our favorite tax-related blogs from the past week.

CPA2Biz president and CEO Erik Asgeirsson talks about how accounting firms are adapting to revolutionary changes in digital technology, collaborating, and providing specialized services to clients, in an interview with Accounting Today editor-in-chief Dan Hood.

The summer months are typically the time that CPAs fall out of touch with their clients. Some may send out or email one or two newsletters, but most taxpayers and preparers have thoughts that are far from next year’s taxes.

The Governmental Accounting Standards Board has issued a proposed standard to address the accounting and financial reporting issues related to fair value measurements for state and local governments.

The Internal Revenue Service has begun accepting applications once again for its Low Income Taxpayer Clinic grants.

The Public Company Accounting Oversight Board has released staff guidance on how the PCAOB should perform an economic analysis as part of its standard-setting process.

Sage North America announced the new Sage ERP X3 version 7 of the global business management solution for midsized companies.

Nearly half the tax returns on which individuals claimed tax deductions for alimony payments did not match up with their former spouse’s tax returns, showing a total “alimony gap” of over $2.3 billion in 2010, according to a new government report.

Paul Beswick, who has served as chief accountant in the Securities and Exchange Commission’s Office of the Chief Accountant, plans to leave the agency to return to the private sector.

NetSuite announced the launch of a new BPO Partner program.