WebCPA Staff

A contractor for the IRS has been charged with repeatedly urinating in a freight elevator in the IRS’s office building in Detroit, causing an unpleasant aroma.

Rep. Hank Johnson, D-Ga., has introduced a bill that would ensure that small business government contracts go only to small businesses instead of the subsidiaries of large companies.

The audit and attestation practice of McKennon, Wilson & Morgan LLP has combined forces with the income tax preparation and planning services of DixonBrambila to form DBBMcKennon.

Members of the international Financial Crisis Advisory Group warned at a meeting in London that political pressure on accounting standard-setters posed a threat to “the very existence of international accounting standards.”

The final charge against race car driver Helio Castroneves in his tax case was dismissed just two days before he went on to win the Indianapolis 500 for the third time.

A Texas restaurant owner has been sentenced to two years in jail after he was convicted of trying to bribe an IRS agent by offering her free pizza and a job.

The Financial Accounting Standards Board has issued rules to help nonprofit organizations properly account for mergers and acquisitions involving other not-for-profits.

The Treasury Department is advising Social Security check recipients who live in hurricane- and other disaster-prone areas to switch to direct deposit as hurricane season gets underway along the Gulf Coast and Eastern seaboard states and severe weather continues to impact other regions of the country.

An influential group of financial executives is urging Congress to oppose the Obama administration’s proposals for reforming the corporate tax system, especially the rules used by multinational companies to defer paying taxes on foreign earnings.

The House has introduced a bill to ban patents on tax-planning methods and strategies after previous versions of the legislation died in the last congressional session.

The Internal Revenue Service spent nearly two years and $19.5 million to develop its new Web portal, but canceled the project six months before its scheduled completion date, according to a new report.

Treasury Secretary Timothy Geithner told a House subcommittee that he intends to simplify the Tax Code and devote more money to IRS enforcement.

NetSuite has debuted a modularized version of its Web-based enterprise resource planning software called NetSuite Financials.

The National Association of Certified Valuation Analysts plans to introduce a software-based civil and criminal forensic accounting methodology next week at its annual conference.

The IRS should be doing a better job of ensuring that the sensitive personal and financial information on taxpayers’ paper documents doesn’t fall into the wrong hands, according to a new report.

CCH has introduced sales and use tax products for Oracle.

The Internal Revenue Service commemorated Small Business Week this week by calling attention to some recently enacted tax breaks for small businesses.

XCM Solutions has introduced streamlined versions of its accounting firm workflow software for sole practitioners and small firms.

The Internal Revenue Service has increased its audit rates of the wealthiest individuals and corporations, according to testimony by IRS Commissioner Douglas Shulman.

A California congressman has introduced legislation that would require federal agencies to use interactive data-tagging technology to track the use of government bailout funds by companies.