WebCPA Staff

Accounting and consulting firm Rehmann has combined with Cleveland-based Dawson Wealth Management, increasing the size of Rehmann’s wealth management practice to over $1 billion in assets under management.

The Internal Revenue Service plans to audit Harvard University and about 39 other colleges as part of an overall review of tax-exempt nonprofit organizations.

The Public Company Accounting Oversight Board has published two sets of staff questions and answers to provide guidance about a registered auditing firm’s obligation to report certain events to the PCAOB in special reports, and the process through which a firm can succeed to a predecessor firm’s registration status.

The Tax & Accounting business of Thomson Reuters has integrated its GoSystem Tax RS Web-based tax preparation software with Intacct’s Web-based accounting software.

The Internal Revenue Service’s ability to detect fraudulent tax refund claims may have been weakened by a recent move to assign the task to a relatively inexperienced group of employees, according to a new report.

CPA and business advisory firm The Resnick Druckman Group has merged in New York-based practices, Sigmund Balaban & Co. and Gilbert, Wolff and Co., effective immediately.

The Internal Revenue Service needs to improve its telephone assistance level, as well as its taxpayer service and enforcement functions, according to a new report by the Government Accountability Office.

Rick Anderson, chairman of accounting firm Moss Adams LLP, has been named chairman of the “blue ribbon” panel that is being set up to address how U.S. accounting standards can best meet the needs of users of private company financial statements.

The Internal Revenue Service will be sending out newly redesigned, less confusing notices to taxpayers that aim to improve the way it corresponds with its core constituency.

Two former partners in the accounting firm Sturn Wagner Lombardo & Co., Andrew R. Lombardo and Matthew C. Wagner, are merging with J. Brian Stitcher, owner of the accounting firm SRM & Co., to form a new firm, Lombardo Wagner Stitcher and Co. LLC.

Internal Revenue Service Commissioner Doug Shulman has decided against coming up with rules on the taxation of employer-provided cell phones and said the IRS would instead wait for congressional legislation.

The American Institute of CPAs has issued a new standard on compilation and review engagements that represents one of the biggest changes to its Statements on Standards for Accounting and Review Services since 1978.

Financial analysts who cover the insurance sector are generally dissatisfied with the current financial reporting framework for the insurance industry.

The Internal Revenue Service has filed a tax lien for nearly $185,000 against Marvin Gaye III, the adopted son of the famed Motown singer.

Attorney General Eric Holder said a newly established government task force would crack down on the kinds of financial fraud that led to the Madoff Ponzi scheme and other losses.

BizActions has introduced a Campaign Library aimed at helping accounting firms and other professional services firms with their marketing campaigns.

The Obama administration is handing out $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy projects to provide jobs across the U.S. after announcing a disappointing employment report for December.

2nd Story Software has released the final versions of its TaxACT 2009 federal and state tax software products.

On the heels of the IRS’s plan to begin regulating tax preparers, the Justice Department announced that it has filed six lawsuits this week to stop preparers charged with generating fraudulent income tax returns.

Sikich LLP has merged in two IT service consulting firms, Hal Weinberger Consulting and MAS Consulting, in the latest examples of the firm’s merger spree.