AT Think

Thanks to a heavy advertising blitz, cigarette makers have apparently managed to beat back efforts to increase the tax on a pack of cigarettes by $1 in the state of California.

Indiana’s State Budget Committee has chosen Deloitte to find out how the state managed to mishandle over $500 million in tax revenue.

The National Society of Accountants Scholarship Foundation recently awarded 31 students with funding for their accounting education.

Just in case Congress doesn’t get around to passing another extension of the Bush tax cuts by the end of the year, tax experts are advising their clients to take some proactive steps.

The Institute of Management Accountants is starting the IMA Leadership Academy to help accounting and finance professionals enhance their leadership skills.

Ernst & Young was named recipient of Project Management Institute’s Distinguished Project Award.

NICE Actimize is encouraging banks to get out ahead of the impending requirements of the Foreign Account Tax Compliance Act for reporting on the holdings of U.S. citizens in foreign financial institutions.

Brian Carlton, regional managing partner of Charlotte, N.C.-based CPA firm Dixon Hughes Goodman, served as chair for the recent 2012 March for Babies walk in Washington, D.C.

International Monetary Fund managing director Christine Lagarde has been taking heat in recent days for bitterly criticizing the Greeks for not paying their taxes, when she does not pay taxes on her own $467,940 salary and $83,760 yearly allowance.

The New York State Society of CPAs’ Foundation for Accounting Education announced it will hold its annual Young CPA Conference July 15-17 in Verona, N.Y.