Being Part of a System

The pros and cons of working with a tax franchise. When Henry Bloch packed his bags and drove from Kansas City to New York in October 1955 in his... Read more »

CPA Comedian Hopes to Stand-up and Deliver in Festival Competition

CPA, comedian and Accounting Today Twitter personality favorite Greg Kyte will be participating in the Laughing Devil Comedy Festival in Long... Read more »

Divorced Parents with Children Face Complex Tax Choices

There is sometimes a disconnect in the handling of dependency exemptions and related tax credits between what courts advise a taxpayer to do and... Read more »

PKM's COO Inducted into Women's Legacy Society

The Partnership Against Domestic Violence taps Debbie Sessions as one of the first inductees into its Legacy Society. “Debbie is deeply... Read more »

News

FASB Standard on Business Combinations Gets Mixed Review

Post-implementation review of business combinations standard finds problems with fair value measurement. Read more »
Client Advisory Services

Accounting Firms Face Challenges Advising Clients on Health Care Reform
Shulman ‘Regrets’ Tea Party Targeting

Former IRS commissioner Douglas Shulman said he was “dismayed” and “saddened” to learn that IRS employees had singled out small-government groups for tougher scrutiny. Read more »
Relief in Wake of Oklahoma Tornadoes

Following the massive tornado in Oklahoma, the IRS has provided tax relief to individuals and businesses affected by the severe storms. Read more »
Intuit Undergoes Re-Org Behind Global Initiatives

Intuit Inc. is reorganizing several of its executive staff around what it deems to be its global connected services strategy. Read more »
Supremes Say U.K. Windfall Tax Creditable

The Supreme Court, in a unanimous decision, has held that a one-time U.K. windfall tax paid by the subsidiary of a U.S. corporation is creditable against U.S. income tax. Read more »

IRS’s Lerner Will Invoke Her Constitutional Right to Silence

Lois Lerner, the mid-level Internal Revenue Service official at the center of a controversy over the agency’s scrutiny of small-government groups, will invoke her constitutional right not to testify before Congress, according to a letter from her lawyer. Read more »
CFOs Lower Hiring Projections

CFOs have lowered their projections for hiring and are increasingly concerned about the fate of the Eurozone, according to a new survey. Read more »
Congress Introduces Bill to Close Foreign Insurer Tax Haven Loophole

A pair of lawmakers have introduced legislation to end a tax break that favors foreign-controlled insurers over U.S. insurers. Read more »
Community Reinvestment Act Boosted Housing Tax Credit Program

CohnReznick report finds wide pricing spreads in housing tax credits primarily due to the Community Reinvestment Act. Read more »
Association News

AICPA Spring Council Roundup
IRS Releases 2013 Tax Season Stats

Updated statistics from the IRS show continued growth in e-filing of returns. Read more »

Insights

Paul Mancinone

Taxing Times for the Restaurant Industry

May 22, 2013

USU team wins two categories of Deloitte Best Practices competition

Three students of the Beta Alpha Psi accounting club at Utah State University’s Jon M. Huntsman School of Business recently took first place in two areas of the Deloitte Best Practices competition. Read more »
May 21, 2013

ICPAS hosts Young Professionals Leadership Conference

The Illinois CPA Society will be hosting the Young Professionals Leadership Conference in Chicago May 31. Read more »
May 20, 2013

Get more from your marketing

Marketing and sales are time-consuming but necessary to getting more business. For most CPAs with whom I work, time is always a challenge. Most think doing more is the answer, but not always. Read more »
May 17, 2013

Weaver supports Feed the Children with funds, volunteers

The Weaver Private Foundation named Feed the Children its Charity of Choice for fiscal year 2012-13, contributing $45,000 to the organization in conjunction with local partner agencies where the Southwest accounting firm has offices. Read more »
May 16, 2013

E&Y connects with NYC students for day of service

As many as 500 Ernst & Young professionals will be deployed in New York City to deliver financial literacy, entrepreneurship, college and career-readiness education to 3,000 K-12 NYC public school students Friday, May 17, as part of the annual day of community service, EY Connect Day. Read more »
May 15, 2013

ICPAS hosts Women's Leadership Breakfast

The Women’s Executive Committee of the Illinois CPA Society is hosting a Women’s Leadership Breakfast Friday, May 17, featuring documentarian and author Dr. Kelly Richmond Pope as speaker. Read more »

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What's the Biggest Threat or Challenge Facing Accountants?

May 22, 2013

Attendees at Accounting Today's Meet the Editors Dinner at Keens Steakhouse in New York discuss the top issues confronting accountants.

Women in Accounting: Breaking the Mold

May 21, 2013

A continued conversation with Marcum’s Nanette Lee Miller and Janis Cowhey McDonagh about the obstacles women in the accounting profession face when trying to make their way into leadership positions.