WebCPA Staff

Senator Debbie Stabenow, D-Mich., introduced a bill earlier this month that would cut taxes for businesses that hire new workers who have been looking for work the longest and provide emergency assistance for struggling families looking for work by creating an additional tier of benefits for those who have exhausted their unemployment insurance benefits.

LearnLive Technologies is offering CPA firms the opportunity to rebroadcast training and education presentations as “live” NASBA-certified continuing professional education courses.

Bankruptcy filings rose 20 percent in the 12-month period ending June 30, 2010, the highest number of bankruptcy filings for any period since many of the provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 took effect.

The Internal Revenue Service has taken steps to prepare for procurements made under the American Recovery and Reinvestment Act of 2009, but lacked the necessary controls to ensure the procurements would comply with new requirements, according to a new government audit.

The Securities and Exchange Commission is asking the public for feedback on its plans for incorporating International Financial Reporting Standards into the financial reporting system for U.S. issuers.

Russell W. Hinton of Atlanta and Peter Hughes of Orange County, Calif., are the 2010 recipients of the American Institute of CPAs’ Outstanding CPA in Government Award.

A group of Democratic senators has written to the chair of the Securities and Exchange Commission urging the SEC to require more complete and accurate corporate accounting disclosures, especially of off-balance sheet transactions.

A federal court in Kansas City, Mo, has permanently barred Missouri lawyer A. Blair Stover Jr. from promoting a variety of improper tax schemes.

Eide Bailly has merged in R T Higgins & Associates, expanding the firm’s presence in Colorado and with oil and gas industry clients.

Green Hasson & Janks has hired two new directors as part of the firm’s strategic growth initiatives.

Financial management software provider BlackLine Systems has added a new customer service offering to help maximize use of its Financial Close Software Suite.

Stephen C. Van Arsdell has been named chairman and CEO of Deloitte LLP’s accounting, auditing, capital markets and risk advisory subsidiary Deloitte & Touche LLP.

ParenteBeard partner David Duffus has been appointed to the board of directors of the nonprofit group Pittsburgh Cares.

The Securities and Exchange Commission filed a civil injunctive action Friday against the former CFO of carbon fiber manufacturer Zoltek Companies, charging him with accounting violations.

Internet fax service MyFax has released its new iPhone application, which allows users to access faxes from their iPhones without having to open a browser or launch an e-mail application.

Visa Inc. has unveiled a number of upgrades to its 100,000-member online small business community, the Visa Business Network.

The number of corporate returns processed annually by the Internal Revenue Service fell 7 percent between January 2005 and December 2009, from almost 2.2 million to approximately 2 million, according to a new government report.

Pessimists outweighed optimists on the prospects for the U.S. economy by a two-to-one margin among CPAs serving as C-suite executives, according to a new survey.

The National Federation of Independent Business Index of Small Business Optimism lost 0.9 points in July and reached 88.1 following a sharp decline in June.

Sean Saari, a member of Skoda Minotti’s Business Valuation and Litigation Group, has received the 2010 Jeffrey R. Salins Report Writing Award from the National Association of Certified Valuation Analysts.