WebCPA Staff

The American Institute of CPAs has launched a new Web site to encourage more college students to become CPAs, and to educate them about the opportunities.

Online invoicing, expense-tracking and profit-reporting tool-maker B2Bee has added IRS Schedule C expense categories to its flagship product, The Bee.

The Financial Accounting Standards Board intends to host two public roundtable meetings to solicit input on private company accounting and reporting issues.

The former CEO of the Quellos Group investment firm and its tax attorney pleaded guilty to running an offshore tax shelter scam involving more than $9.6 billion in phony stock sales.

Deloitte Touche Tohmatsu plans to hire a quarter of a million new employees over the next five years around the world, after the firm saw its revenue grow in the past year.

CPA2Biz, the marketing arm of the American Institute of CPAs’ products and services, has added hosted Microsoft Exchange-based e-mail and collaboration services provider Apptix to its Trusted Business Solutions Provider program.

A pair of former executives standing trial for embezzling from the Russian oil company Yukos are claiming that PricewaterhouseCoopers withdrew its certified audits under pressure from the Kremlin.

The Internal Revenue Service has helmed a new video series, “Your Guide to an IRS Audit,” which follows three hypothetical small business taxpayers step-by-step through the audit process.

Small business owners’ confidence in the economy soured significantly from July to August in the largest one-month decline since November 2009, according to a new survey.

The Tax & Accounting business of Thomson Reuters has released Mobile CS, an iPhone app that provides mobile access to the company’s Practice CS practice management system.

The Public Company Accounting Oversight Board plans to host a public roundtable on its proposed standard for auditors’ communications with audit committees on Sept. 21, and is re-opening the comment period on the proposal until Oct. 21.

President Obama is proposing to expand and simplify the permanent research and experimentation tax credit, increasing the rate of the simpler form of the credit 17 percent to simplify the process for businesses.

Kelli S. Lewis, a principal in the tax and business services department at CPA firm Stone Carlie & Company, has been certified as an Accredited Estate Planner by the National Association of Estate Planners & Councils.

The Securities and Exchange Commission has charged an investment adviser with fraud and breach of fiduciary duty for marketing and recommending his firm's hedge funds to investors, including many elderly clients.

The Treasury Department is soliciting comments on a draft version of its national strategy for financial literacy.

Australian actor Paul Hogan gave the Internal Revenue Service a thumbs-up after he was allowed to return to his home in California by Australian tax officials who had initially refused to let him leave the country until he settled a long-running tax dispute.

The former treasurer of the National Republican Congressional Committee has pleaded guilty to embezzling $844,718 from various political committees, including his own.

Intuit has released QuickBooks 2011, with new features designed to allow small-business owners to access essential information remotely.

The Internal Revenue Service has released a draft version of the form that small businesses and tax-exempt organizations will use to calculate the small-business health care tax credit when they file tax returns next year.

The National Society of Accountants has written to Treasury Secretary Timothy Geithner and the Internal Revenue Service urging them not to agree to calls by the American Institute of CPAs to exempt non-signing preparers at CPA firms from the IRS’s new tax preparer registration requirements.