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October 11, 2007

Featured News


IRS offers relief for late S corporation elections

Businesses that are eligible to elect S corporation tax treatment now have a simpler process for requesting relief for late elections under a change announced this week by the Internal Revenue Service.

Wellness programs: Well-intentioned, but too intrusive for some

Wellness programs have been popular with companies looking to lower their health care costs for years, but some observers are starting to question just how far these programs should go.

Credit card fraud soars, despite new safeguards

New fraud-prevention technology has made credit card crime more difficult in the U.K., but it is increasing in other countries that have not adopted "chip-and-pin" safeguards. The U.S., in particular, is a culprit.




Inside Public Accounting is proud to present its 17th annual report on the nation’s accounting firms – one of the most accurate, comprehensive and detailed of its kind. The INSIDE Public Accounting Benchmarking Report is the most complete, accurate and up-to-date set of economic and management statistics available about the accounting profession. The 2007 IPA Benchmarking Report (based on fiscal year 2006-07 data) contains information representing more than 15,600 partners and 166,000 total staff.

For more information, CLICK HERE



Firm/State

States benefit, or not, from federal spending
Some states feast at the expense of others, according to the Tax Foundation's latest annual analysis of federal taxing and spending patterns. The Tax Foundation has compiled a ranking of which states got the best deal in 2005 from Uncle Sam's tax and spending policies. Where does your state rank?

Publisher’s Note

AccountingWEB's "Test Your Knowledge" kicks off on Monday morning in AccountingWEB's Student Zone. University accounting school departments are submitting short quizzes designed to keep all of us on our toes. I know you've got CPE, daily challenges on the job, classes to attend, homework to do, and all that good stuff ... but this is something more. Grab the quiz link each Monday morning and let 'er fly to the inboxes of co-workers, clients, fellow students, and friends. Nifty t-shirts are at stake each week! Stay tuned!

Rob Nance
Publisher
publisher@accountingweb.com

Tech News

IBM expands software line for small and mid-sized businesses
IBM has announced new software and resources to help mid-sized customers more effectively manage the quality of their software and network infrastructures, just like their counterparts in large enterprises. The new software underscores IBM's expanded focus on providing small and mid-sized businesses with the solutions necessary to remain competitive in the market.