Slide Show: Tax Season by the Numbers

The IRS recently released statistics covering the year to May 10, 2013. Read more »

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... Read more »

IRS Commits Fraudulent Transfer

Usually when we hear a discussion about fraudulent transfers, it is in the context of a client who has just been sued and now wants to protect his... Read more »

ParenteBeard Taps O'Neill as Regional MP

Joseph O'Neill has been named regional managing partner at the firm's Philadelphia office. O’Neil succeeds Paul Kinmartin, who is expanding... Read more »

News

PCAOB Exposes Further Problems with Ernst & Young Audits

Previously confidential quality control criticisms from 2009 inspection are made public after E&Y fails to address them to PCAOB's satisfaction. Read more »
IRS Watch

IRS Warns Taxpayers with Foreign Assets of Filing Obligations
FASB Standard on Business Combinations Gets Mixed Review

Post-implementation review of business combinations standard finds problems with fair value measurement. Read more »
Wealthy Increasingly Concerned about Health Costs

Family health and the costs of long-term care and support for extended family have become major concerns for high net worth investors. 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 »

IRS Hearings Express Lawmakers’ Outrage

The first round of congressional hearings on the Internal Revenue Service’s scrutiny of small-government groups didn’t reveal the people who started that practice or provide clearer answers on why they did it. 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 »
Debt is Biggest Concern for Millennials

Fifty-four percent of millennials said that debt is currently their biggest financial concern, according to a new survey that found young adults struggling in the wake of the Great Recession. Read more »
Client Advisory Services

Accounting Firms Face Challenges Advising Clients on Health Care Reform
Supremes Say U.K. Windfall Tax Creditable

Unanimous decision finds that one-time U.K. tax paid by subsidiary of a U.S. corporation is creditable against U.S. income tax. Read more »

Insights

Paul Mancinone

Taxing Times for the Restaurant Industry

May 23, 2013

KPMG gives career tips to Staten Island NAF students

KPMG partnered with the career-themed academy network the National Academy Foundation and human resource-development organization Ceridian to provide career planning skills to Staten Island students at the Susan E. Wagner High School Academy of Finance May 1. Read more »
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 »

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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.