WebCPA Staff

UHY Advisors has acquired Step3 Consulting, a provider of performance improvement services for companies in various industries.

Sage Software’s top reseller in North America for the past two years, Management Information Services Inc., also known as MIS Group, abruptly announced that it is ceasing all business operations, effective Monday. The firm had ranked No. 10 on SourceMedia's VAR 100 list, with $25.3 million in revenue in 2008.

A new service, AccountingMatch.com, aims to hook up small-business owners with accounting professionals who can help them, along with providing information on accounting, tax, and small-business management issues.

An overwhelming 85 percent of corporate executives say they need to overhaul their approach to risk management as a result of the economic downturn, according to a new survey.

CPA firms of all sizes are facing challenges with client retention, according to a new survey by the American Institute of CPAs.

A federal judge has permanently barred eight men — including two CPAs and five tax preparers — from promoting an alleged tax fraud scheme involving bogus income tax credits based on fictitious methane production at landfills.

The IRS recently issued a revenue procedure to help companies that don’t want to claim the 50 percent depreciation deduction on new property included in the stimulus bill.

Washington, D.C. — A new IRS revenue procedure offers reliance criteria for private foundations and sponsoring organizations that maintain donor-advised funds to use in determining whether a potential grantee qualifies as a public charity.

The IRS needs to create a plan to comprehensively evaluate the administration of civil tax penalties and their impact on voluntary compliance, recommended a new report from the Government Accountability Office.

Gordon Krater became the new managing partner of Plante & Moran, only the sixth managing partner since the firm was founded in 1924.

H&R Block is stepping up its tax audit support services as the tax prep chain sees the IRS audit rate doubling.

The American Institute of CPAs is convening its first Leadership Academy this week with 28 CPAs under the age of 35.

Accounting firm BKD LLP’s Learning & Development unit is becoming more environmentally friendly by reducing paper and office supplies, encouraging recycling and controlling energy use.

Sen. Charles Grassley, R-Iowa, has introduced a bill to lower the tax burden on small businesses.

A federal grand jury has returned an 11-count indictment charging four Salt Lake City residents with conspiring to conceal profits stemming from their mergers and acquisition business from the IRS and under-reporting or not reporting income over a span of approximately seven years.

CCH said it is supporting the new FASB Accounting Standards Codification in its CCH Accounting Research Manager service.

Sageworks has released two new analytical procedure modules for auditing government entities, banks and other financial institutions.

Brown Smith Wallace said it has successfully completed all of its peer review examinations and received the best possible rating for its third consecutive review.

Both Amazon.com and Overstock.com have stopped using affiliate Web sites in three states that have passed laws requiring sales tax to be collected on Internet sales if companies have local affiliate partners.

The SEC has charged the former chief accounting officer of Beazer Homes with conducting a fraudulent earnings management scheme for over five years and misleading the home builder’s outside auditors and internal accountants.