WebCPA Staff

Actor Stephen Baldwin and his wife have filed for Chapter 11 protection after incurring millions in debt, including a hefty sum owed to the IRS.

Fifty-seven percent of accountants say they plan to stay with their current employer once the economy improves, but 23 percent intend to look for a new job when the economy rebounds.

The American Institute of CPAs is introducing liability insurance coverage to protect CPAs against the risk of privacy breaches of clients’ personal information in case the firm’s network is hacked.

Mowery & Schoenfeld plans to combine forces with another Illinois firm, Katch, Tyson & Co., effective August 1.

Accounting firm Conner Ash is offering wealth management and investment advisory services through its newly formed CA Advisory Group.

The Congressional Research Service has issued a new report, “401(k) Plans and Retirement Savings: Issues for Congress,” that describes seven major policy issues facing defined contribution plans:

More than 86 percent of CPA firms have yet to integrate a dedicated customer relationship management program into their organization, according to a new study.

Fifteen states and the District of Columbia will be offering tax holidays for back-to-school shopping on various days this month and next, according to a report by CCH.

Online invoice management provider Bill.com has introduced a new online bill payment service for small and midsized businesses.

States across the country saw their tax revenues for the first quarter of 2009 drop by a record percentage, according to a new report.

Two high-profile singers, Foxy Brown and Toni Braxton, are facing large tax liens, according to recent reports.

Complying with money-laundering laws and sanctions is a major concern at many companies, according to a new survey.

The Center for Audit Quality has re-elected four members of its governing board.

Bernard Madoff’s former accountant David Friehling pleaded not guilty to fraud charges.

The Internal Revenue Service cannot easily keep track of the activities of paid tax preparers, nor of their compliance with tax laws, according to a new report by the Treasury Inspector of Tax Administration.

Universal Business Computing Co. is offering “pay as you go” workers compensation insurance to all of the company’s payroll service clients through a partnership with Cennarius.

Many businesses may soon find they cannot obtain or renew a license unless they are current with both their state and federal taxes.

CCH has upgraded its CCH Sword enterprise risk management system with improvements to the risk and control assessment module.

PDI Global has introduced an online version of its 2009-2010 Tax Planning Guide that accounting firms can put on their Web sites and market to clients.

Small-business owners and industry representatives told a House committee that the tax breaks in the stimulus package passed by Congress in February have helped some companies.