WebCPA Staff

Nearly two-thirds of teens are changing their college plans due to the economy, according to a new survey.

The majority of employers who made changes to their retirement plans during the economic downturn expect to keep those changes in place throughout 2010, according to a new survey.

The State of California has released its annual list of the top 250 individual and business taxpayers with state income tax liens where the balance owed is greater than $100,000.

California has the highest state sales tax rate in the country, according to a new report on sales and use tax rates.

Race car driver Jeremy Mayfield has been hit with tax liens of nearly $300,000 from the Internal Revenue Service and the State of North Carolina.

By identifying higher wage earners who are having too few taxes withheld from their paychecks, the Internal Revenue Service could collect as much as $1.6 billion in additional taxes over a five-year period, according to a new report.

IBM has introduced software to help governments around the world collect delinquent tax debt.

The Internal Revenue Service plans to check for unfiled tax returns and look for unreported income from sole proprietors of small businesses during correspondence audits.

The Internal Revenue Service’s audits of the nation’s largest corporations have dropped sharply in recent years, despite growing federal budget deficits, according to a new report.

A federal grand jury has indicted an Internal Revenue Service revenue agent on charges of filing false tax returns, helping others file false tax returns, and threatening to kill tax agents who were investigating him.

The final two defendants in a long-running accounting fraud case involving 11 former executives at handheld device maker Symbol Technologies have settled charges with the SEC.

The Financial Crisis Inquiry Commission held three days of hearings this week to investigate some of the causes behind the financial crisis, grilling former Federal Reserve Chairman Alan Greenspan and various executives.

Paychex has introduced a new Web page and online calculator to help businesses determine their tax savings if they take advantage of the recently passed HIRE Act to hire new employees.

The International Federation of Accountants plans to enhance the international education standards for accountants over the next two years to make financial reporting more reliable.

An H&R Block office in the Bronx has allegedly been used for identity theft with employees or former employees the likely culprits in stealing the identities of at least 20 customers to claim refunds in their name.

Nearly three-quarters of the CFOs at midsized companies say they are under pressure to reduce costs and make faster decisions, according to a new study.

An unprecedented number of tax preparers in Manhattan and the Bronx have been charged in a variety of tax fraud schemes a week before the end of tax season.

Only 29 percent of CFOs and senior controllers at U.S. companies plan to increase their hiring in the next six months, while 22 percent say they will decrease hiring, according to a new survey.

FinancialForce.com has introduced Chatterbox, a business collaboration application for users of the company’s Web-based accounting software.

The American Institute of CPAs is encouraging more CPA firms and college professors to teach forensic accountants the skills they need to ferret out financial chicanery.