AT Think

When partners go off to network and find new clients do they head to the … bat cave? Or what Stacie Clifford Kitts describes in her blog, Stacie's More Tax Tips, as a giant underground warehouse where they pluck potential clients off the shelf and check them out at the front of the store.

As states raise their taxes to make up for their budget shortfalls, they are now finding that their citizens are moving across state lines, and even across the country, to avoid the heavier tolls.

Falls Church, Va.-based Murray, Jonson, White & Associates has given $50,000 to the Virginia Society of Certified Public Accountants Educational Foundation to establish a student scholarship. The scholarship and funds were allotted to be in conjunction with the firm’s 50th anniversary in 2009.

The Big Four audit firms in the United Kingdom are worried that they could be facing huge payouts for negligence claims in the wake of the financial crisis and even the potential collapse of some firms.

What do young CPAs want? Flexibility.

I know, I know you’re used to being in demand.

The controversy over the community-organizing group ACORN is widening as the Treasury Department’s Inspector General for Tax Administration has agreed to investigate the political activities of some of the group’s tax-exempt affiliates.

It’s always good to give back and get involved. Not to mention, get out of the office once in a while.

Banks, credit card providers and mortgage companies will not be required after all to provide “plain vanilla” or no-frills types of loans and credit cards as Congress works its magic on the Obama administration’s plans for financial regulatory reform.

Bowling ball, that is.