California news

Tax

Study Finds the Odds Favor IRS in Supreme Court Tax Cases

The odds are stacked against corporations whose disputes with the IRS go all the way to the Supreme Court, according to a new study by Joshua Blank, faculty director of the graduate tax program at NYU law school, and Nancy Staudt, a tax scholar at the University of Southern California, Gould School of Law.
Practice

Job Outlook for Bachelor's Degree Students Looks Bleak

A weak labor market has left half of college students (age twenty-five or younger) who graduated with a bachelor's degree either jobless or "underemployed" ? a troubling statistic.
Community News

Beauty and the Boardroom: Deloitte Consultant Named Miss San Francisco

It's easy to assume that when Vivian Wei, tax consultant for Deloitte won the title of Miss San Francisco in March, the judges were wowed by her tap dance routine as well as her regal demeanor in the evening gown competition. But, if you ask Wei, she believes an entirely different skill set helped her lock in the title.
Tax

California Dreamin': Taxes Gone Wild!

According to a new report, former Baywatch star and Playboy icon Pamela Anderson owes the state of California over a half million dollars in back taxes. Another prominent state tax scofflaw is Joe Francis, founder of the "Girls Gone Wild" videos, who is on the hook for more than three quarters of a million dollars.
Community News

CPA Firm Miranda & Associates Expands into San Diego County

Miranda & Associates, a full-service accounting and management consulting firm, announced it has expanded its Newport Beach–based practice into San Diego through the addition of North County Tax & Accountancy (NCT).
Practice Development

The JOBS Act: Economic Solution or Investor Nightmare?

In an effort to jump-start the US economy and create more jobs, both the House and Senate passed the Jumpstart Our Business Startups (JOBS) Act, and President Obama signed the act into law April 8, 2012.
Practice

IC Opportunities Honors Innovative Technology Developer

At the inaugural IC Opportunities event in Schaumburg, Illinois, this February, there was a vibrant, envelope-pushing discussion among young and young-thinking accountants about how to move the profession forward and adapt to the needs of an increasingly tech-savvy business world.
Community News

Company Announcements: Week of March 26, 2012

Following is the latest roundup of accounting community news for the week of March 26, 2012.
A&A

Auditor Independence and Audit Firm Rotation

On March 21 and 22, 2012, the PCAOB hosted a public meeting to obtain further input on ways to enhance auditor independence, objectivity, and professional skepticism, including through mandatory rotation, or term limits, for audit firms.
Community News

AICPA Honors Top CPA Exam Performers with the Elijah Watt Sells Award

The American Institute of CPAs (AICPA) has announced the winners of the 2010 Elijah Watt Sells Award. The award was presented to candidates who obtained the ten highest cumulative scores on all four sections of the computerized Uniform CPA Examination.
Community News

Company Announcements: Week of March 19, 2012

Following is the latest roundup of accounting community news for the week of March 19.
AccountingWEB Life

Accounting Jobs Are Safe in Current Economy

More than 90 percent of CFOs say they expect to maintain current levels of staff accounting positions for the second quarter of 2012. Here are the questions controllers should be asking themselves to make sure their staffing decisions are correct.
Tax

CPA Accused of Tax Fraud Is Now Suspect in Plot to Murder Witnesses

A San Diego-area CPA, heading to trial on an $11 million tax fraud scheme, has been arrested for allegedly plotting to hire an acquaintance to murder two people planning to testify for the prosecution.
Workplace Fitness

Fit and Focused: Accounting Professionals Discover the TrekDesk

Cindy Mayhak is just one of the many wellness-minded professionals who decided to break away from their desk without breaking away from the office by using a TrekDesk to shatter their sedentary lifestyle and the health risks associated with it.
Community News

Community Announcements: Week of February 20, 2012

A.T. LOCKE, a provider of accounting services, business analysis, and financial and strategic guidance to emerging and midsized organizations, has added Tom Moxie as an accounting analyst on the firm's growing team.
Community News

Company Announcements: Week of February 13, 2012

Bernhard von Thaden has rejoined KPMG LLP, a US audit, tax, and advisory firm, as a principal in the Economic and Valuation Services (EVS) practice. Ken Harvey returns as a partner in the International Corporate Services practice. Both will be based in the firm's Los Angeles office.  
Tax

Rapper Lil' Kim Owes IRS Big Bucks

Lil' Kim, a famous rap artist who has been working to turn her life around, allegedly owes more than $1 million in state and federal taxes for the years 2002 to 2009. Celebrity news website TMZ reported that her 2009 debt of $86,347 was recently added to the total she already owed, bringing it to $1,026,862.
Practice

Intuit Small Business Employment Index Results

Small businesses created 50,000 new jobs in January but paid employees less and gave them fewer hours. The East Coast, especially New York, showed more weakness in employment than in other parts of the country. These are some of the results of Intuit's latest Small Business Employment Index.
Community News

Sensiba San Filippo: Winner of Fittest Accounting Firm 51+ Members

Tax season is the ultimate deadline. Most CPAs agree that the unrelenting hours spent glued to their computers, slugging coffee, and downing microwave meals in the company break room take a toll on their physical and emotional balance sheet.
AccountingWEB Life

Get More Done by Doing Less

There's no denying that technology enhances workflow and improves efficiencies. But for some professionals, too much of a good thing is becoming a burdensome distraction. Most of us are just trying to do too much and not getting enough done.

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