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December 16, 2010    
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Publisher's Note
Rob Nance, Publisher With the Madoffs in the news again, one cannot help but think of greed and what it does to people. Whether it's the Enron folks, shysters conning old ladies on the telephone, or the host of dirty deed doers in our Watchdog section, one has to start wondering how people can still think "this won't happen to me." Well, Congressman Rangel, it did happen to you! Keep your eye on Watchdog in 2011 if you enjoy seeing history repeat itself.

After former tennis star Boris Becker avoided a jail sentence for tax evasion in a German court in 2002, he commented, "This was my most important victory." Serving time in prison is not Becker's preferred type of serving, I can assure you. Whatever rackets we see people get themselves into, the net effect for most of them will be landing in hot water. We will bring that news to you!

Take a moment to reflect on the past year and rejoice in the fact that you're not in the Watchdog section of AccountingWEB!

Rob Nance

Top News
Senate approves tax package that includes extending tax cuts, unemployment benefits
US CapitolThe U.S. Senate yesterday gave broad bipartisan approval to a tax bill that extends the Bush era income tax rates, capital gains and dividend rates for individuals, and adjusts exemptions for the AMT.
Panel works on final recommendation for separate standards board for private companies
The Blue Ribbon Panel continued its discussion on how to modify existing standards-setting process for private companies during its meeting last week.
Deloitte, PricewaterhouseCoopers top 'best firms' lists
Vault.com, a source of ratings, rankings, and insight for students and professionals, recently released lists of top accounting firms in various categories, including: best to work for, prestige, and quality of life.
Stay Connected with Mobile CS from Thomson Reuters Stay Connected to Your Firm with Mobile CS™
Exclusively for tax and accounting professionals—Mobile CS gives you on-the-go access to important firm, staff, and client data 24/7, from anywhere. View your important Practice CS data to help you make smart business decisions on the spot. Stay connected and in control of your bottom line. Learn more.
Featured Articles
Six reasons why CPA firms should consider SEO
Internet URLGetting noticed in the right place during an Internet search is what search engine optimization is all about. A developing technology, SEO increases the likelihood your company will be easily found by prospects.
When violence affects the workplace, what liabilities do employers face?
Workplace violence risks are real and employers face legal liabilities when employees or customers are victims. Employers must understand how they could be vulnerable to a lawsuit after an incident of workplace violence, and what they can do to prevent such incidences.
PCAOB establishes new Office of Outreach and Small Business Liaison
The Public Company Accounting Oversight Board announced yesterday the establishment of the Office of Outreach and Small Business Liaison.
Is Your Website Ready for Tax Season? – Free Website Trial
30-Day Free Website Trial Emochila is the nation's leading website developer for accountants. Websites come loaded with content and tools:
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Firm/State/People News
CPE Link, AccountingWEB cooperate to enrich university accounting curriculum
AccountingWEB In a model of academic and professional cooperation, CPE Link and AccountingWEB have agreed to provide accounting students at California State University, San Bernardino, access to webcasts developed by and for CPAs.
Accounting firms named best places to work in New York City
Four accounting firms recently were named to the list of 50 Best Places to Work by Crain's New York Business: Anchin Block & Anchin, Citrin Cooperman, Ernst & Young, and Friedman.
Social networking site for Canadian accountants launches
BeansTalk is a new online community designed to offer unique content and opportunities for Canadian accountants, financial planners, tax experts, and bookkeepers.
Company announcements: Week of December 13
Following is the latest roundup of firm news for the week of December 13, 2010.
Increase Profits on Small Audits
Just released! Larry Perry's Small Audit self study series. The on-demand webcasts in this self-study package provide a start-to-finish overview of how to plan and complete high-quality small audits efficiently. Based on audit philosophies that have been used by CPA firms for years, the material gives you a framework that can increase profits on small audits. One attendee of the live webcasts called the series a "real standards-centered eye opener." Offered by AccountingWEB (in partnership with CPE Link). Earn up to 47 CPE hours for $359. Order today!
What do you have to say today?
What is the economic outlook for 2011?
I recently attended the Lancaster Chamber of Commerce’s Economic and Market Outlook. During the presentation, Linda Duessel, who is a senior vice president at Pittsburgh-based Federated Investors, shared her economic outlook and brought forth what I thought was a fairly realistic view of where our economy is headed.
Holding your breath, waiting for new tax laws
For you, tax season is probably over. You’re getting geared up for next season by installing new software and cleaning up your files. But your tax software doesn’t work, does it? It can’t. The new laws haven’t passed yet.
Is Bernie Sanders a modern day Robin Hood? A letter from Bernie…
Dear William: I want to take this opportunity to thank you very much for contacting my office regarding the recent tax deal struck between President Obama and the Republican leadership.
Hey U! Watch wat U Right: A guide to e-mail and phone etiquette
In the business world, soft skills have taken on a vital role in professional development. Often times they can make or break impressions with colleagues and clients.
Kaplan Weekly Quiz
KaplanAre you prepared for the CPA exam? Test your knowledge and keep your skills sharp by taking the weekly CPA Exam Quiz, brought to you by Kaplan Schweser CPA Review and AccountingWEB Education & Careers Zone. New questions will be posted for each section weekly. Take this week's quiz.
Have a Healthy Holiday Season - Visit the Workplace Fitness Zone
Chris Wood's Captain Excel Blog
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