WebCPA Staff

Accounting firms are managing overall to maintain their rates, client services and staff even as the economy continues to challenge them and their clients, according to a new survey.

Intuit plans to expand its presence in the market for helping small businesses manage their 401(k) and health insurance benefits, even though many of its own customers do not offer such benefits.

Eighty-three percent of companies have experienced an increased number of audits due to state and local tax revenue shortfalls, according to a new survey.

Volunteers who prepare tax returns for free through the IRS’s Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs prepared nearly half the returns inaccurately, according to a new report.

Despite the uncertain market conditions and negative headlines of the past year, most Americans who participate in employer-sponsored defined contribution plans continue to support them, according to a new survey.

CCH has introduced IRC/Multistate Personal and Corporate Income Tax Comparison Smart Charts on its CCH IntelliConnect Research Service.

XCM Solutions has released XCM Version 7.0, the newest iteration of its workflow management software, with customized checklist and sign-off capability.

IRS Commissioner Doug Shulman told a group of board directors attending a business conference that they need to hire outside tax advisors to help with tax risks and FIN 48 compliance.

The Internal Revenue Service has inadequate controls over dishonored checks from taxpayers, putting millions of dollars at risk, according to a new report.

The Internal Revenue Service has filed a $125,112.86 federal tax lien against the late Anna Nicole Smith, nearly two years after the former Playboy Playmate of the Year and reality TV star died.

Software developer Copanion has closed a $10.2 million round of venture capital financing and named a new CEO.

Nicolas Cage has filed suit against his former business manager, claiming that Samuel Levin’s poor investment choices and failure to pay Cage’s taxes led him “down a path toward financial ruin.”

Inventory management software developer Fishbowl plans to add a new manufacturing option to its system.

Intacct said its cloud accounting system is now able to exchange client financial data with CCH ProSystem fx Tax.

Fifty-five percent of companies are cutting their bonuses and 26 percent are reducing their 401(k) matches for employees, according to a survey of CFOs and senior comptrollers by Grant Thornton.

The House Financial Services Committee has approved legislation that would require regulation of the over-the-counter derivatives market.

Nearly a dozen IRS employees took unauthorized first-class and business-class flights in the past two years that cost taxpayers over $50,000, according to a new report.

Arnold C. Libman, a licensed California CPA, has been sentenced to a year and a half in federal prison, and a year of supervised release, after he pleaded guilty to aiding and assisting in the preparation of a false income tax return.

The International Auditing and Assurance Standards Board is seeking views on developing fair value auditing guidance for a new consultation paper.

Ron Darling, a former World Series-winning pitcher with the New York Mets, is facing four tax liens and warrants totaling $544,197.