News

Tax

Third Time’s a Charm on Tax Legislation

The House voted 401-25, which of course means that Republicans and Democrats alike are in the same camp on this one, to increase the annual contribution limits to the nation’s most popular retirement plans, the IRA and the 401(k).
Technology

AICPA Loses Peck to Dot-Com

Charles Peck, the Senior Vice President of Marketing, Product and Organizational Development at the AICPA, has been tapped to become Chief Executive Officer of TheGlobe.com, an online community network and service provider, effective August 1, 2000.While at the AICPA, Peck led the re-engineering program that helped the Institute realign itself into a performance driven team based organization.During his tenure at the AICPA, Peck was also involved in spearheading several strategic acquisitions, initiating process improvement programs, and forming over
Community News

7 Firms Combine to Form 13th Largest CPA Firm

The principals of seven highly successful professional services firms have merged their ownership stakes to form Centerprise Advisors, Inc., the 13th largest professional services firm in the country and one of the largest full-service firms focusing on the middle market.The founding companies include five professional services firms: Follmer, Rudzewicz & Co. of Southfield Mich.; Grace & Co. of St.
Tax

Tax Accountants Missing the e-Mark

A survey conducted by KPMG of leading Fortune 1000 companies showed that 51% of the companies agree that e-commerce will lead to increased competition over the next three years.
Tax

Marriage Tax Cut On to Next Step

A joint House/Senate conference committee will proceed with ironing out the differences between the two versions of the marriage tax cut bill that passed in the House and Senate.
Technology

Get that Junk Mail Out of Your e-Mailbox!

The House has passed H.R.3113, “Unsolicited Commercial Electronic Mail Act of 2000,” which may cause junk e-mailers to look for a new way to make a living. The bill nearly passed almost unanimously (427-1), and so should have an easy ride through the Senate. The dissenting vote was cast by former Libertarian turned Republican Representative, Ron Paul, of Texas.The provisions of the bill require that anyone sending an email message will be required to provide a valid return address, so that recipients may request that their name be removed from the mailing list.
Tax

Let’s Give Employees the Whole Truth

The House has paved the way for better employee understanding of just what goes on “behind the scenes” regarding employer contributions to Social Security and Medicare by passing a bill that will require this information to be disclosed on annual W-2 forms.The Right-to-Know Payroll Act, as it is presently called, would require an amendment to the IRS Tax Code calling for new areas on the W-2 form to display employer contributions that are made on behalf of employees. The bill was introduced by Rep.
Tax

IRS Issues new Preparer Rules

In 1998 the IRS issued proposed regulations regarding the retention of preparer-signed tax documents. Those proposed regulations have been withdrawn, effective July 18, 2000, and replaced with final regulations.
Practice Management

Break with Tradition – Pay for Performance!

Rex Gatto, Ph.D., psychologist, business lecturer, and counselor, provided us with insights into the world of Pay for Performance.

Pay for Performance, with Rex Gatto

Rex Gatto, Ph.D.Gatto Training AssociatesSession Moderator: Dr. Gatto is the founder and president of Gatto Training Associates (GTA). Dr. Gatto's practice has been dedicated to helping people in the workplace to enhance productivity through a better understanding of themselves. He has done extensive research in the area of individual working, thinking, personality, leadership, teamwork and communication styles and their impact on the working environment.

Rex P. Gatto, Ph.D.

Dr. Gatto is the founder and president of Gatto Training Associates (GTA). Dr. Gatto's practice has been dedicated to helping people in the workplace to enhance productivity through a better understanding of themselves. He has done extensive research in the area of individual working, thinking, personality, leadership, teamwork and communication styles and their impact on the working environment. As a behavioral scientist and counselor he has devoted his energies to helping all levels of business people: CEO's, vice presidents, managers and professionals to have an enriched worklife. Dr.
Technology

KPMG and Microsoft Find New Way to Hold Hands

The Bill Gates prophecy is for a world where all computers can communicate easily with one another, fueled by the vision that that the electronic language computers will use will be a common language.

SEC Using MicroStrategy as Example of Auditor Independence Violations

This is not the first time that the alleged marriage between Vienna, Virginia based software developer MicroStrategy and the auditors and consultants at PricewaterhouseCoopers has been in the news.
Technology

Is a PDA In Your Future?

A recent report by the Giga Information Group indicates that Personal Digital Assistants, the most popular of which is the Palm, are still considered a luxury rather than a necessity in the business world.Although some individuals, such as sales professionals, can benefit greatly from use of the devices, most companies find it difficult to justify the expense of acquiring, supporting, and administering such devices for the majority of employees.But that doesn't mean there isn't

Washington Technology’s Annual Ranking of the Top 100 Federal Prime Contractors in IT Features 54 Deltek Systems Customers

McLean, Virginia – July 18, 2000 - Deltek Systems, Inc. (NASDAQ: DLTK) (www.deltek.com). Washington Technology, the business newspaper for government systems integrators, recently listed 54 Deltek customers in the publication’s annual rankings of the top 100 federal prime contractors that deliver information technology services to the public sector.
Tax

Senate Passes Elimination of Marriage Tax Penalty

Republicans and Democrats joined forces in the Senate today, passing a bill that would eliminate the marriage penalty portion of our beloved tax code over a period of 10 years. The bill passed by a 61-38 margin. Now the House, which has passed a similar bill, will combine the two and present a final version to President Clinton, perhaps as early as this week.Clinton has already promised to veto the bill when it arrives on his desk on the eve of the Republican National Convention. So why bother having the vote?

Deloitte & Touche to Offer Diversity Services

Deloitte & Touche's Human Capital Advisory Services has arranged to partner with Hubbard & Revo-Cohen, Inc. (HRC), a leader in workplace risk management solutions.
Practice

Military Leaders Lend Insight into Good Character

What is it about those people who seem to be born leaders? They always seem to have the right answers and make decisions based on what’s best for the company as well as the individuals working for them. This quality is called character and according to former leaders of the military we all possess it and are capable of using it.While many of us think that character consists of a good work ethic and an intelligent head on our shoulders, there seems to be more to the term. According to General Charles Krulak, former U.S.
Community News

Ruling Imminent on Andersen Split

Arthur Andersen and Andersen Consulting are awaiting news from the International Chambers of Commerce in Paris about the arbitrator's decision in their two-and-a-half year "divorce" case.In an interview with Dow Jones Newswires, Guillermo Gamba, the Columbian lawyer who was appointed by the ICC to arbitrate between the Big Five accountant and its consulting offshoot, said he had submitted his ruling to the ICC.Gamba would not divulge what he had decided and the firms themselves have yet to hear.
Technology

Cisco, Conexant and Hughes Join to Speed Dial-up Downloads

Cisco Systems and Conexant Systems have announced their support for the new V.92 dial-up modem standard that was presented last week to the International Telecommunications Union for determination. Cisco Systems and Conexant each contributed key technologies to the new V.92 dial-up modem specification, which significantly reduces the time it takes to establish a dial-up connection, improves upload rates, and adds the ability to receive and initiate phone calls during a dial-up modem session.

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