Illinois news

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.
Tax

Lawsuit Charges IRS with "Power Grab" in New Tax Preparer Regulations

The Institute for Justice filed suit against the IRS on behalf of three independent, paid tax return preparers, challenging the IRS' authority to license and regulate paid tax preparers. The IRS instituted new requirements for paid tax preparers last year. The new regulations will be phased in over a three-year period.
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.
Practice

Employers Paying the Penalty for Wage and Hour Violations

In prosecution of wage and hour violations, the stakes are getting personal. In several recent cases, the government has penalized company owners and officers for failing to pay overtime, imposing stiff fines and even imprisonment.
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.
A&A

IC Opportunities Event – A Forum for Industry Innovation and Change

Jason Blumer, of Blumer and Associates CPAs, has no problem admitting to the conservative nature of the accounting profession. Its reverence of tradition and legacy, its hierarchical leadership style, and its reliance on "tried-and-true" business practices, are what once made the profession great.
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.
Tax

Teaching How to Cheat

Concerns about cheating in school are nothing new, but they usually don't include teachers. The widespread scandals of teachers cheating on standardized tests provide the wrong ethical guidance to those who will later staff and lead business organizations.
Community News

Community Announcements: Week of January 16, 2012

Following is the latest roundup of accounting community news for the week of January 16, 2012.
Community News

Company Announcements: Week of November 28, 2011

Here's a roundup of accounting community news for the week of November 28, 2011.
Practice

More Than 2,700 CPAs Nationwide Participate in 2011 CPA Day of Service

Fourteen members of the Richmond office of Witt Mares were just a few of the more than 2,700 public accountants from CPA societies across the country to volunteer for the CPA Day of Service. CPA societies in Virginia, Indiana, and Illinois provided the impetus for firms and individuals nationwide to take part.
Tax

Sales Tax on Online Purchases Is On the Rise

This holiday season, online shoppers will find more states are looking to make sure gift givers also give their state its fair share – in terms of sales tax for online purchases.
Community News

Call to Service: State CPA Societies Spearhead Day of Volunteerism

CPA Societies in Illinois, Virginia and Indiana are providing the impetus for firms and individuals nationwide to take part in the CPA Day of Service Friday, September 23, 2011. Individual CPAs and firms can choose their own service opportunity for an organization of their choice, and state CPA societies are promoting the event.
Tax

Amazon, California reach agreement in sales tax battle

Lawmakers in California say they've reached a truce with Amazon in a contentious disagreement over whether the online bookseller should collect state sales tax.
A&A

The 2011 Women to Watch awards – recognizing outstanding women in the accounting profession

Outstanding women – those who have made significant contributions to the accounting profession and to the development of women – receive recognition through the Women to Watch program.
Community News

Showcasing the future: Illinois CPA Society hosts the Midwest Accounting & Finance Showcase

Where does a CPA or a small business practitioner go to learn about the latest technology trends? Mearly 2,100 business and finance professionals will descend on the Donald E. Stephens Convention Center in Rosemont, Illinois, August 23-24, for the Illinois CPA Society Midwest Accounting and Finance Showcase.
Community News

Company announcements: Week of August 8, 2011

Following is the latest roundup of accounting community news for the week of August 8, 2011.
Community News

Company announcements: Week of July 25, 2011

Following is the latest roundup of accounting community news for the week of July 25, 2011.
A&A

Public unions, the economy, and what's at stake for companies now

It's a story that's playing out across the country – cash-strapped governments are scrambling to balance their budgets while hamstrung by the contracts of current and retired public union workers.
Community News

Company announcements: Week of April 25, 2011

Following is the latest roundup of accounting community news for the week of April 25, 2011.

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