As lawmakers try to solve budgetary shortfalls by raising taxes in most states, taxpayers are not pleased, and they said so earlier this month at the polls.
Los Angeles Lakers forward Lamar Odom is accustomed to facing formidable opponents on the basketball court. But these days, he’s taking on the Internal Revenue Service in a different court setting over what he sees as a personal foul.
Even the thin, beautiful, and talented have to pay their fair share of taxes. Beverly Johnson, Janice Dickinson, Jaime Pressly, and Toni Braxton have run-ins with the IRS.
Since graduating college in the past year, the three students who won $500 scholarships from AccountingWEB in 2009 are finding their niche in the accounting profession. Jason Bramwell reports.
When Barack Obama ran for president, his message was all about hope and change. But a recent decision by one regulatory agency makes it seem like it may all just be politics as usual in Washington. That decision, by a politically appointed board, seems to represent an end-run around Congress.
Milwaukee-based Clifton Gunderson has expanded its presence into northern Illinois by merging in Farrell & Associates of Rockford. Also, David C. Murray & Co. CPAs, Inc., and Robert K. Rohlfs, CPA, have combined their practices.
Chief financial officers are slowly but surely easing from the recession, and are finding new opportunities to hire, despite unemployment levels remaining historically high.
What would make the perfect laptop computer for an accountant? Sure, you would want a device that has the best performance at a reasonable price. But what about other important features like battery life, keyboard quality, and portability? AccountingWEB’s Jason Bramwell reports.
Speaking at this week's National Tax Conference in Washington, D.C., IRS Commissioner Mark Schulman addressed concerns about the new tax preparer identification guidelines that are about to take effect. Managing Editor Gail Perry reports.
Approximately 600 CPAs are gathered in Washington, D.C., this week to get the latest on tax reforms and the potential impact of the mid-term elections at the 35th annual National Tax Conference sponsored by the AICPA. Managing Editor Gail Perry reports.
The actions of colleges and universities provide examples to their students of how to act with – or without – a high level of ethical standards. From grading practices to sustainability, these institutions need to be cognizant of the message they send.
Growing concerns have compelled the Bank of Japan’s policy board to take significant steps to jumpstart its faltering economy. The bank calls its multi-pronged strategy a “comprehensive monetary easing policy.”
The East Coast and the West Coast got a little closer in the accounting world with the merger of New York City-based Marcum LLP and Stonefield Josephson, Inc., of Los Angeles.
In what is becoming an annual event, pastors across the country recently challenged the Internal Revenue Service's ban on political advocacy in churches for the third year in a row.
The clock is ticking on the Bush tax cuts, and the likelihood that a vote to extend them will happen before November is not looking good. Why the urgency? Because the Internal Revenue Service needs lead time to create, publish, and distribute tax tables for the first payroll of 2011.
Mark Zuckerberg, founder and CEO of Facebook, is expected to announce today his $100 million donation to the Newark public school system, which has been described as one of the country's weakest.
The Public Company Accounting Oversight Board has announced the names of the participants in the roundtable discussion on its proposed standard on auditors' communications with audit committees.
The Board of Trustees of the Financial Accounting Foundation has announced the appointment of Russell G. Golden to the Financial Accounting Standards Board, effective October 1, 2010. Golden will fill the board member vacancy on the FASB resulting from the retirement of Robert H. Herz
The 2010 tax season is full of opportunities for tax professionals. The challenge is to keep up with the record number of federal tax updates and make sure clients can take advantage of them.
Results from a recent AICPA survey disclosed the two top priorities for CPA firms as they plan for the future: bringing in new business and finding talent. Our goal at Sift Media is to help our readers deal with the issues most important to them. One way in which we are doing this is through the launch of our new recruitment/placement service, Going Concern Jobs. Check it out today for your talent needs.
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