WebCPA Staff

Over two thirds of CFOs at leading U.S. technology businesses expect sales revenue at their companies to increase this year, according to a survey by accounting firm BDO.

Sen. Barbara Boxer, D-Calif., and Jim Webb, D-Va., have introduced legislation that would impose a tax on large bonuses paid by Wall Street banks and other firms that received more than $5 billion from the Troubled Asset Relief Program in 2009.

A CPA has been suspended for 12 months from practicing before the Internal Revenue Service for providing false or misleading information when preparing his clients’ tax returns.

Ohio-based accounting and consulting firm Brady Ware is expanding to Georgia by merging with Atlanta-based Marsh & McConnell.

Treasury Secretary Tim Geithner and Chilean Finance Minister Andrés Velasco signed a new income tax treaty between the United States and Chile to provide certainty and stability of tax treatment for U.S. and Chilean cross-border investors.

The Public Company Accounting Oversight Board has launched a redesigned and expanded Web site.

More than half of CPA financial planners say their wealthy clients are not confident in the stock market, according to a survey by the American Institute of CPAs.

The United States and Hungary have signed a new income tax treaty that brings an existing agreement signed by the two countries in 1979 into closer conformity with current U.S. international tax policy.

The International Accounting Standards Board has named two new board members from Germany and South Africa to replace a pair of departing members.

The American College, a nonprofit educational institution that offers various financial services certification programs, is waiving its new-student fee of $130 for anyone who registers for their first course by Feb. 26.

Salesorder.com is offering a white label version of its Web-based accounting, enterprise resource planning and customer relationship management software for small businesses to entice reseller channel partners to rapidly enter the cloud computing market.

Deacom has issued a new version of its enterprise resource planning software with new menuing and usability features.

Lyquidity Solutions has introduced the Spreadsheet Usage Monitor, a free tool that organizations can use to control and manage their corporate spreadsheets.

Accounting software developer Coda Financials has changed its name to Unit4 Coda Inc.

The U.S. Tax Court has ruled in favor of a Massachusetts taxpayer whose deduction for her sex change operation was rejected by the Internal Revenue Service.

Small businesses with less than 50 employees slashed 12,000 jobs last month, the smallest decline since July of 2008, but businesses in the service sector actually added jobs for the second consecutive month.

NetSuite is partnering with accounting firm Hein & Associates to provide companies with accounting and regulatory compliance systems using Web-based technology.

The College for Financial Planning has launched a new Website that allows consumers, regulators and financial services firms to verifyprofessionals who are currently authorized to use the college's professionaldesignations.

In Senate Finance Committee hearings on theadministration's record $3.8 trillion budget proposal, ranking member ChuckGrassley, R-Iowa, said the proposed tax increases would hurt job growth.

Two months after its blockbuster merger with Baker TillyVirchow Krause, CPA and business advisory firm Beers + Cutler said it hasformally rebranded as Baker Tilly,