WebCPA Staff

On-demand accounting software developer Intacct and the American Institute of CPAs’ CPA2Biz subsidiary have introduced an Intacct Accountants Program that provides CPAs with free software, support and training, and the ability to set up clients on the software.

The Financial Accounting Standards Board has issued a proposed standard on the fair value measurement of liabilities, seeking to clarify the thorny issue of fair value a bit further.

CCH is offering free CPE sessions to tax and accounting professions to introduce them to its new IntelliConnect online tax research service.

President Barack Obama and Treasury Secretary Timothy Geithner outlined a series of moves aimed at closing corporate tax loopholes that encourage U.S. companies to shift income and jobs to other countries.

A 23-year-old Russian has been arrested for stealing about $105,000 in tax refunds after he set up a set of fraudulent Web sites that claimed to prepare taxes for free.

Difficult economic conditions have had a substantial impact on accounting and finance departments around the globe, according to a new survey.

The International Federation of Accountants has released the 2009 Handbook of International Standards on Auditing and Quality Control.

Sixty-one percent of senior financial executives believe their companies’ total effective state tax rate will increase, according to a survey by Grant Thornton.

The Public Company Accounting Oversight Board has published a staff audit practice alert explaining the potential auditing and review implications of the Financial Accounting Standards Board’s recently revised standards on fair value accounting.

CPA firm Dixon Hughes plans to integrate the practice of Presser, Lahnen & Edelman effective June 1, expanding the super-regional Southeast firm to the Jacksonville, Fla., area.

New York accounting firm Marks Paneth & Shron is merging in Arthur B. Greene & Co., giving MP&S a set of prominent entertainment and literary clients.

A Southern California couple has been indicted on charges of conspiracy to file false tax returns, mail fraud and identity theft after they were found to have filed for refunds of over $300,000 using stolen identities.

A record total of 90.6 million tax returns were filed electronically this year, with more than a third coming from home computers.

Both the House and Senate approved President Barack Obama’s $3.4 trillion spending plan on his 100th day in office, but largely along party lines.

Universal Business Computing Company has added an anti-fraud forensic feature to its payroll software that tracks the history of changes made to employee maintenance.

Rep. Joe Donnelly, D-Ind., has introduced a bill to lessen the heavy penalties imposed by the Internal Revenue Service on taxpayers who use so-called “listed” tax shelter transactions.

A survey of financial executives revealed that a growing number of them did not receive a salary increase last year, but the overwhelming majority did get a bonus despite the gloomy economy.

Less than half the CFOs polled in a recent survey by Grant Thornton were aware of the Financial Accounting Standards Board’s Accounting Standards Codification project, which is set to become the authoritative source of U.S. GAAP on July 1.

A tax preparer couple has been arrested for filing false tax returns and diverting their clients’ refund money to their own bank accounts.

A large majority of CFOs and senior controllers intend to take advantage of the bonus depreciation provision included in the economic stimulus bill, according to a survey by Grant Thornton.