WebCPA Staff

Hoover’s Inc. and Sage North America have formed a new partnership to provide business insights to small and midsized businesses.

One week after the signing of the Small Business Jobs Act, the U.S. Small Business Administration has approved nearly $970 million in loans to small businesses.

The National Association of Certified Valuation Analysts said its Accredited Valuation Analyst credential is now recognized by the U.S. Small Business Administration as a “qualified source” for independent business valuations.

The growth rate for small business employment continued rising in September, but at a slower rate than in August.

Sage North America today announced general availability for Sage Fundraising 50 v8.2, which will feature full integration with two Sage connected services, Sage Fundraising Online and Sage Exchange.

At the request of the Federal Trade Commission, a federal judge has halted the business operations of American Tax Relief, a company that heavily advertised its ability to help taxpayers who were in trouble with the IRS and allegedly bilked consumers out of more than $60 million by falsely claiming it could reduce their tax debts.

The Internal Revenue Service is preparing for the potential transition of U.S. publicly held companies to International Financial Reporting Standards and the impact IFRS will have on tax administration, according to a new government report.

The Center for Audit Quality is partnering with three other organizations to develop ways to deter and detect financial reporting fraud.

SS&G completed a merger Wednesday with Ahlbeck & Co., expanding the Cleveland-based accounting and consulting firm’s presence to Chicago.

Anoowa Inc. has released a Web-based cash-flow management system for its billFLO product that gives small businesses a forward-looking view of their financial health.

Meyers Norris Penny, one of Canada’s largest accounting and business advisory firms, said it would merge with Montreal-based firm WSBG, effective Jan. 1, 2011.

The Treasury Inspector General for Tax Administration has agreed to the request from Sen. Chuck Grassley, R-Iowa, ranking member of the Senate Finance Committee, and six other committee members to conduct an investigation of whether Obama Administration officials illegally accessed and disclosed confidential taxpayer information involving a particular taxpayer.

Two Sacramento-area accounting firms, Gallina LLP and Burnett + Company LLP, have agreed to combine, effective Oct. 1.

McGladrey & Pullen and a firm it acquired four years ago have agreed to pay the Commodity Futures Trading Commission a total of $1.7 million for their audits of the bankrupt Sentinel Management Group.

Career site Vault.com has released its 2011 Accounting Quality of Life Rankings, examining what accountants really think about their firm’s culture, compensation, hours, training, and diversity, among other categories.

CPA and advisory firm Anton Collins Mitchell has merged with Greeley, Colo.-based Watkins & Schommer, giving ACM a presence in Northern Colorado.

AICPA president and CEO Barry Melancon is calling for the Financial Accounting Foundation to set up a separate standards board for private company accounting.

The partners of Greenwalt CPAs have selected senior partner Anita W. Sherman as the firm’s next managing partner, effective Jan. 1, 2011.

AccountMate Software has released a Software as a Service version of its accounting applications, allowing users to access them from a remote server on the Web and make custom modifications to the hosted software.

The IRS plans to take a closer look at businesses that don't file their tax returns, and identify more of them.