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JANUARY 17, 2008
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"The dog ate my tax return" won't fly with the IRS The Internal Revenue Service has issued a notice that lists four additional erroneous legal positions that taxpayers should refrain from using as an excuse to avoid paying their taxes. 
FASB launches verification phase for Accounting Standards Codification for GAAP The Financial Accounting Standards Board has officially launched the one-year verification phase of the FASB Accounting Standards Codification. After addressing the issues raised during the constituent feedback process, the FASB is expected to formally approve the Codification as the single source of authoritative U.S. GAAP, other than guidance issued by the Securities and Exchange Commission. 
Fidelity opens flagship Magellan Fund to new investors For 45 years, Fidelity Magellan Fund, a well-known name in mutual fund history, has helped millions of Americans reach their financial goals. For the first time in 10 years, the fund is open to new investors.  Blogs!What have you got to say today?Linda Cavanaugh, CPA: Plugged In SEC issues two new SABs In November and December, the SEC issued two new Staff Accounting Bulletins No. 109, "Written Loan Commitments Recorded at Fair Value through Earnings" and 110, "Valuation of Employee Share Option Grants." Join the forums - express your views! http://www.accountingweb.com/questions_advice/ http://www.accountingweb.com/blogs Tech NewsSocial networking breeds new wave of 'Trojan 2.0' attacksThe great Facebook boom of 2007 has been accompanied by a new generation of phishing and trojan horse virus attacks, according to security experts. Latest News
CareerBankFind Employees, Find Jobs!AccountingWEB, Inc. and CareerBank have joined forces to offer you a quick way to find and employee, or a job, depending on your needs. In addition, you can get career resources and industry news to help you find your dream job faster.
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Student NewsFormer FBI agent joins accounting facultyDon Berecz joined the faculty at Georgia Southern University in 2007, after 23 years of government service with the FBI. Berecz will serve as the first director of the University's Center for Fraud and Forensic Studies in Accounting and Business. Firm/State NewsMaryland accounting firms mergeOwings Mills, MD-based wealth management and CPA firm Glass Jacobson has acquired accounting firm, Finkelstein & Geser LLC, also located in Owings Mills. The acquisition is effective immediately. Publisher's Note
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