WebCPA Staff

Forty-four percent of retired Americans admit to supporting at least one individual financially, according to a new survey by Charles Schwab.

The International Accounting Standards Board’s oversight body has proposed a series of changes aimed at providing better governance of the standard-setter, including renaming the organization the International Financial Reporting Standards Board.

The U.S. and Monaco have signed a tax information exchange agreement to allow the two countries to share information on tax matters, including bank accounts used to stash money abroad.

CCH has expanded its lineup of global tax products with Worldwide Tax Rates and Answers: Individuals, an online tax compliance and research service that covers the European Union.

The Accreditation Council for Accountancy and Taxation is accepting exam applications from accountants, tax preparers and students interested in earning the Accredited Business Accountant/Advisor and Accredited Tax Preparer credentials.

The Center for Audit Quality has created a free online Guide to International Financial Standards to educate people about the uncertain state of the IFRS roadmap.

The IRS faces challenges in recruitment, training and retention of employees to replace the increasing number of employees who are eligible to retire, according to a new report by the Treasury Inspector General for Tax Administration.

President Obama outlined a series of initiatives the federal government would take to help people boost their retirement savings.

Yaeger CPA Review and Ellis University are offering CPA candidates a "fast-track" route to an MBA degree.

The Public Company Accounting Oversight Board has published a set of staff questions and answers intended to address how auditors should use the recently issued FASB Codification.

The Financial Accounting Standards Board has published implementation guidance on accounting for uncertainty in income taxes and disclosure amendments for nonpublic entities.

Retired Pittsburgh Steeler Hall of Fame player Mel Blount owes $631,000 in back taxes, according to a civil action filed by the IRS.

H&R Block reported a consolidated net loss for the first quarter of $133.6 million, or 40 cents a share, with much of the loss attributed to tax operations.

Former All-Star baseball pitcher Jerry Koosman received a six-month sentence for not paying his federal income taxes for 2002-2004.

Eighty-four percent of CFOs plan to maintain their current accounting and finance staff levels in the fourth quarter, according to a new survey.

Kathryn A. Byrne, partner-in-charge of the International Services Group at accounting and consulting firm Weiser LLP, was unanimously elected chairperson of Praxity North America.

The Cellular Telecommunications Industry Association has asked the IRS to repeal an old tax rule that required employees to maintain logs detailing their business usage of mobile phones.

Lee Zoeller, a partner at the international law firm Reed Smith LLP, has been elected president of the Institute for Professionals in Taxation for 2009-2010.

Universal Business Computing Co. has released the latest versions of its general ledger and payroll software with new productivity enhancements.

The Sept. 16 deadline is nearing for submitting a preliminary application for the federal government’s Section 48C tax credit program for manufacturers of clean energy equipment.