WebCPA Staff

IMGCAP(1)]David Sibits has been seeing a lot of changes at CBIZ in the past year as the firm copes with the economy and manages its acquisitions of Tofias and Mahoney Cohen.

The Internal Revenue Service plans to test a pilot program that would permit filers of information returns to truncate an individual payee’s nine-digit identifying number on paper payee statements for calendar years 2009 and 2010 to protect against identity theft.

The American Institute of CPAs has written to the leaders of the Senate Banking, Housing and Urban Affairs Committee opposing language in a proposed law that could expose more accountants to fraud lawsuits.

The Internal Revenue Service said that interest rates would remain the same for the calendar quarter beginning Jan. 1, 2010, as they were in the prior quarter.

CCH and Grant Thornton have teamed up to produce IFRS Tax Manager, an online guide to International Financial Reporting Standards, aimed at helping tax, audit and accounting professionals comply with tax accounting and reporting standards under IFRS.

The Internal Revenue Service has issued a set of proposed regulations for reporting on credit and debit card transactions starting in 2011.

CCH Small Firm Services has begun shipping its ATX and TaxWise lines of software for tax year 2009, with links to tax research from CCH.

Large and midsized companies can now take advantage of expanded net operating loss carryback rules to use the losses they incurred during the economic downturn to reduce their income from prior tax years.

Enterprise content manager Treeno Software has launched an integration module for the users of Intuit’s QuickBooks.

CaseWare IDEA and Houston-based Audimation Services have launched SymSure for IDEA continuous auditing and monitoring risk management software.

Thomson Reuters has introduced software to help corporate tax departments integrate the financial reporting and accounting data they need for preparing the tax footnote in an annual report with their corporate tax return data.

Baker Tilly Virchow Krause plans to merge with Beers + Cutler to create the 13th largest accounting firm in the U.S., with over $250 million in revenue.

The National Association of State Boards of Accountancy has elected Billy M. Atkinson, a Sugarland, Texas-based CPA and PricewaterhouseCoopers audit partner, as its 2009-2010 chairman.

Most states tax their middle- and low-income families far more heavily than the wealthy, according to a new study by the Institute on Taxation & Economic Policy.

Citing drops in its core QuickBooks revenue and typical “seasonal” losses during the first quarter, Intuit Inc. posted a loss of $68 million versus $52 million for the prior year for the period ended October 31.

Joe Francis, CEO of the company that produces the racy “Girls Gone Wild” video series, is in trouble with the IRS again only weeks after a judge sentenced him to time served for tax evasion charges.

The owner of New York bagel maker H&H Bagels has been indicted and arrested for stealing withholding taxes and evading unemployment insurance tax in connection with his wholesale and retail bagel business.

XBRL US Labs has issued a call for research partners to expand the research and development projects it already has underway and named its first three research fellows.

NetSuite has integrated Media, Pa.-based Aria Systems’ billing functionality, which was developed using NetSuite’s SuiteCloud technology.

Trintech Group has embedded the Fujitsu Interstage XWand XBRL processing engine into the Trintech Unity Xtensible Financial Reporting software module.