WebCPA Staff

Accounting and consulting firm Condley and Company LLP’s Banking Services Group has debuted a new iPhone application and website.

Total nonfarm payroll employment declined by 125,000 in June, according to the Bureau of Labor Statistics, largely due to a decrease of 225,000 temporary employees hired to work on the U.S. Census.

The House has passed legislation to extend unemployment benefits through the end of November.

Koss released restated earnings for 2008 and 2009 after the headphone manufacturer’s vice president of finance was found to have embezzled about $31.5 million.

Rudolph J. Bilich Jr., a CPA from Pittsburgh’s Mt. Lebanon section, was elected 2010-2011 president of the Pennsylvania Institute of CPAs at its annual meeting and conference.

The Internal Revenue Service is asking for public comments on how to most effectively carry out a law that will require businesses to report a wider range of payments to contractors, vendors and others, usually on Form 1099, starting in 2012.

The Senate failed to pass a bill on Wednesday night to extend unemployment benefits and the closing date for home purchases that could qualify for the Homebuyer Tax Credit, although it later managed to pass the Homebuyer Tax Credit closing date extension separately.

Accounting firm Meyers Norris Penny has acquired PricewaterhouseCoopers’ Personal Insolvency practices in 11 regions of Canada.

The House passed the financial regulatory reform bill that emerged from a House-Senate conference committee by a 237-192 margin.

Mentorship and leadership development are two key concepts that Conrad M. Davis is emphasizing in his new role as 2010-11 chair of the 36,000-member California Society of CPAs.

BDO USA LLP has admitted five new partners to the partnership, effective July 1.

The local accounting and wealth management firm of Beall Barclay recently announced the addition of Theresa L. Mosier to its professional staff.

Over 300 small business owners attended an Obama administration small business forum at the U.S. Department of Commerce on Monday.

Citrin Cooperman & Company has joined the Moore Stephens North America association of accounting firms.

Senate Finance Committee Chairman Max Baucus, D-Mont., has launched an investigation into the tax practices of Transocean Ltd., the owner of the offshore drilling rig that exploded in the Gulf of Mexico this past April, leading to the disastrous oil spill.

The Senate has introduced a bill aimed at helping small businesses access credit and capital and create jobs.

Small businesses lost 1,000 jobs this month, according to payroll giant ADP, but the private sector overall saw an increase of 13,000 jobs.

Despite the market’s recent volatility, 79 percent of advised investors say that professional advice is worth more than it costs, according to a new survey.

A set of tax provisions that are scheduled to expire at the end of this year will change the tax landscape for many investors who will need advice on how to adjust.

The House voted Tuesday to extend the closing deadline for taxpayers seeking the Homebuyer Tax Credit.