Texas news

Community News

Goldstein Schechter Koch announces merger with Jeffrey Kramer staff

Goldstein Schechter Koch, P.A., a South Florida-based full-service accounting, tax, audit, and consulting firm this week announced a merger with Jeffrey Kramer and his staff.
A&A

IRS watchdog: Six months of work saved taxpayers nearly $3 billion

The watchdog over costs and efficiency at the Internal Revenue Service has saved taxpayers almost $3 billion over six months, according to a new report to Congress.
Community News

Texas CPA firms announce merger

Richard T. (Rick) Baumeister, Jr., CPA, managing partner at Sanford, Baumeister & Frazier, PLLC, has announced that the Fort Worth, TX-based accounting firm will be merging Hugly PC, a North Dallas-based accounting firm, into SB&F.
Education & Careers

Small business employment index indicates 49,000 new jobs; wages down slightly

Small business employment continued to show growth in November, although wages were down and hours worked remained flat, according to this month's Small Business Employment Index by Intuit Inc.
A&A

Texas CPAs suggest toys that teach children about saving, budgeting, investing

With many people facing challenging financial situations and an economy desperately trying to rebound, the TSCPA believes this holiday season is the perfect time for children to learn the importance of money-mindedness with affordable toys and board games that won’t break the bank.
Technology

Class action lawsuit against QuickBooks a possibility

Several brief outages to Intuit’s QuickBooks Online and QuickBooks Payroll Subscription Service prompted a group of Dallas title attorneys to file a proposed class action against the company.
Technology

Why Google’s local search results is an opportunity for small accounting firms

If you are a small local accounting firm looking to grow your business, you want to be found on Google when someone enters a search into Google for an accountant in your area.
A&A

Employment, pay improves for small businesses in October

Small business employment growth and compensation picked up in October with a strong uptick in hours worked.
A&A

Texas CPAs win mid-term election seats

Texas CPAs fared well in the recent mid-term elections, with six accountants winning seats from Texas House of Representatives to Railroad Commissioner to U.S. Congress.
A&A

Learn to spot occupational fraud, resolve gaps

How much fraud is occurring in your organization? None, you say? Hold on before you commit to that answer! You might just be surprised at the amount – and the fact that it is probably going on without your knowledge or suspicion.
A&A

Assessing your company's fraud risk

The most recent study by the Association of Certified Fraud Examiners (ACFE), The Report to the Nations – 2010, indicates that, on average, an organization loses 5 percent of top-line revenue to internal fraud alone.
Education & Careers

Slight increase in net hiring projected for first time since Q1 2009

Hiring in accounting and finance is expected to increase slightly in the fourth quarter, according to the Robert Half Financial Hiring Index.
Education & Careers

2010 AccountingWEB accounting student scholarship winners announced

AccountingWEB is pleased to announce that three winners have been chosen as the 2010 AccountingWEB Accounting Student Scholarship winners.
Community News

Hedge fund investors sue Ernst & Young over fraudulent auditing practices

Five investors who lost millions of dollars following the collapse of a Plano, TX-based hedge fund in 2008 filed a lawsuit against Ernst & Young LLP last week that accuses the Big Four accounting firm of fraud during its time as the fund’s auditor.
Tax

One IRS attacker goes to prison, others under investigation

Frustration with the Internal Revenue Service is nothing new. But in recent months, acts of violence and inappropriate treatment of agents are escalating.
Community News

Company announcements: Week of August 23

Following is the latest roundup of firm news for the week of August 23, 2010.
A&A

CPAs sponsor Webinar on BP oil spill reimbursement process

CPA societies from Florida, Alabama, Louisiana, Mississippi, and Texas, in cooperation with the Accounting CPE Network and BizVision, are sponsoring a Webinar designed for CPAs whose clients are filing claims through the BP reimbursement process.
Education & Careers

Accounting associations create commission to study higher education in accounting

The American Accounting Association and the American Institute of Certified Public Accountants have formed the Pathways Commission to study possible future paths of higher education for those seeking entry into the accounting profession.
Community News

KPMG Foundation awards $470,000 in scholarships

The KPMG Foundation this week announced it has awarded a total of $470,000 in scholarships to 47 minority accounting doctoral students for the 2010-2011 academic year.
Tax

Revenue worries don't stop states from offering tax holidays

Taxpayers in 16 states will get sales tax breaks on the purchase of various school-related purchases during certain dates in July and August.

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