PayCyle said that it has implemented the payroll tax reduction included in the recently passed economic stimulus bill.

The Accredited Business Accountant credentialing program has earned accreditation from the National Commission for Certifying Agencies.

Despite the current economic slowdown, the busy season is well underway as firms across the country are preparing the onslaught of returns that roll in during the weeks and months prior to April 15. The increased workloads during this period create the need for more workers to assist with the rush, and temporary employees are an effective resource during these times.In years past, firms have increased staff by up to 40 percent during tax season to supplement full-time staff. Temporary employees offer a number of advantages for big firms, and therefore are a commonly used resource during the busy season.

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Intuit plans to extend its Intuit Online Payroll service to accountants, Mac users, banks and credit unions, starting this spring.

Many financial executives in the U.S. have begun the initial stages of convergence with International Financial Reporting Standards at their companies, but early adoption in 2009 for qualifying companies will be difficult, if not impossible, due to the significant time requirements, according to a new report.

Sage North America has sold its tax compliance services business and enterprise-level customer base to Empower Corp.

Private sector employment decreased by nearly 700,000 in February, according to the latest report from payroll giant ADP.

About 86 percent of CFOs report a desire to maintain their current staff levels in the next three months, but 2 percent predict decreases in accounting and finance personnel in the second quarter, according to a survey by staffing services company Robert Half International.

Red Wing Software Inc., a developer of financial management and software for the agribusiness and municipal sectors, has released advanced payroll modules for its flagship CenterPoint Payroll.

The Internal Revenue Service has issued information to help employers claim credit for the COBRA medical premiums they pay for former employees under provisions of the recently passed stimulus bill.

The stimulus bill signed into law this week includes significant tax savings of up to $1,000 per year for workers who commute by mass transit.

CFOs and senior-level executive CPAs see the domestic economic downturn as lasting longer than previously expected, according to a survey by the American Institute of CPAs and the University of North Carolina’s Kenan-Flagler Business School.

Intuit has updated its payroll service with the latest tax changes, forms and credits to comply with the newly passed economic stimulus bill.

There is probably something in humans and in every generation that makes us think that the problems we face are uniquely difficult.

Education tax credits can help offset the costs of higher education for yourself or a dependent.

CCH has signed a deal with the American Institute of CPAs to sell and distribute AICPA publications to the undergraduate and graduate college market.

The American Institute of CPAs has opened a free online job finder to help accountants find work during the recession.

The Center for Audit Quality has published a free online reference source for public company auditors with lessons on performing audits of internal control over financial reporting.

Private sector employers slashed 522,000 jobs last month, according to the latest report by payroll giant ADP.