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Over half of CFOs and senior controllers anticipate wages and bonuses will not rise in the next six months, according to a survey by Grant Thornton.
By WebCPA StaffApril 16 -
Chief audit executives and internal audit directors and managers are noticing improvements in staffing and budgets this year after a brutal 2009, according to a new survey.
By WebCPA StaffApril 16 -
The Justice Department and the Internal Revenue Service have filed charges against seven individuals who collectively hid over $100 million in secret bank accounts at the Swiss bank UBS.
By WebCPA StaffApril 16 -
The Senate has approved a two-month extension of eligibility for unemployment benefits and tax credits to help cover the cost of health insurance premiums for the unemployed.
By WebCPA StaffApril 15 -
President Barack Obama and First Lady Michelle Obama released their joint income tax return on Tax Day, April 15, reporting adjusted gross income of $5.5 million, not including his Nobel Peace Prize winnings.
By WebCPA StaffApril 15 -
A partner in the accounting firm Gumbiner Savett is bringing Bollywood to Hollywood.
By WebCPA StaffApril 15 -
Internal accounting errors by the Internal Revenue Service reduced federal funding available for unemployment benefits by $63 million, according to a new report.
By WebCPA StaffApril 15 -
BNA Tax & Accounting has introduced its first iPhone application, BNA Quick Tax Reference, an electronic version of the companys Quick Tax Reference Guide.
By WebCPA StaffApril 15 -
Paul Pacter has been named to a seat on the International Accounting Standards Board, replacing Jim Leisenring, whose term ends in June.
By WebCPA StaffApril 15 -
Recent tax law changes continue to bedevil the Internal Revenue Service, according to a new government report on tax season.
By WebCPA StaffApril 15 -
The National Federation of Independent Business Index of Small Business Optimism lost 1.2 points in March, falling to 86.8. The persistence of index readings below 90 is unprecedented in survey history.
By WebCPA StaffApril 14 -
A new report by the International Federation of Accountants highlights the expanding role of small and midsized practices in advising their business clients.
By WebCPA StaffApril 14 -
Accounting firm Rothstein Kass has released a two-part survey report on the potential problems that can occur when preparing to sell a family business.
By WebCPA StaffApril 14 -
The House has approved a bill to help taxpayers enter into payment agreements with the IRS, relax the record-keeping requirements on cell phones, and improve IRS services for low-income taxpayers.
By WebCPA StaffApril 14 -
The House Ways and Means Committee held a hearing Wednesday on ways to provide energy-related tax incentives to encourage more green jobs.
By WebCPA StaffApril 14 -
The Financial Accounting Standards Board and the International Accounting Standards Board have published a report detailing their progress to date on achieving convergence of U.S. GAAP and International Financial Reporting Standards.
By WebCPA StaffApril 14 -
The majority of Americans said they have not taken advantage of the U.S. governments programs to stimulate the national economy, according to a new survey for the American Institute of CPAs by Harris Interactive.
By WebCPA StaffApril 14 -
The former partner of a convicted income tax evader has been indicted for continuing the same abusive trust scheme that sent her ex-partner to prison.
By WebCPA StaffApril 14 -
An El Segundo, Calif., tax return preparer has agreed to plead guilty to charges that he willfully failed to file his personal income tax return for 2005 and that he filed false claims for tax refunds on behalf of his clients.
By WebCPA StaffApril 13 -
The Internal Revenue Service said that members of the military and certain civilians providing earthquake relief in Haiti have additional time to file their 2009 returns and pay any taxes due.
By WebCPA StaffApril 13