WebCPA Staff

A woman who stayed at a California hotel for over two years while claiming to be an undercover IRS agent has been ordered by a judge to pay the hotel for the $55,000 bill she amassed.

Intuit has teamed up with a nonprofit group on Earth Day to promote a free online forum where employees can share and re-use unneeded items, such as office furniture and computer screens, instead of dumping them in the trash.

New research has raised doubts about the ability of auditors to ferret out earnings management.

President Barack Obama visited the Great Hall at Cooper Union in New York to call on Wall Street executives to stop fighting efforts in the Senate to pass financial regulatory reform.

The American Institute of CPAs has relaunched its 360 Degrees of Financial Literacy site with personalized interactive tools and information to help users better manage their finances.

The Senate Agriculture Committee has approved bipartisan legislation that would require derivatives to be traded on regulated exchanges and cleared through central clearinghouses, advancing the financial regulatory reform effort.

Accounting and customer relationship management application integration provider DBSync LLC is expanding its support for cloud computing by offering integration with QuickBooks Online Edition, and by extending its support of QuickBooks Desktop adapters.

Dr. Kevin L. James was recently named chairperson of the Department of Accounting at North Carolina A&T State University, effective July 1, 2010.

The Senate Finance Committee held the first of a series of hearings on the Obama administration’s proposal to tax financial institutions in order to recoup losses from the Troubled Asset Relief Program.

The Institute of Internal Auditors’ Internal Audit Standards Board has proposed several changes to the standards for internal auditors, including what should happen when giving an opinion on an audit, and the role of outsourced service providers.

The proportion of adult Americans who say they have been able to save money within the past 12 months splits practically down the middle, according to a new survey by the American Institute of CPAs and Harris Interactive.

The Internal Revenue Service has released a draft schedule and instructions for corporations to report uncertain tax positions on their tax returns.

Investment research provider Morningstar, Inc. has launched Morningstar Valuation Services, a program that values privately owned firms and securities in areas such as the sale of a business, estate planning or financial reporting.

The Internal Revenue Service has hit Michael Lohan, father of actress Lindsay Lohan, with a $12,429 tax lien.

The Internal Revenue Service has begun mailing postcards to more than 4 million small businesses and tax-exempt organizations to make them aware of the benefits of the recently enacted small business health care tax credit.

President Obama’s Financial Fraud Enforcement Task Force has introduced a new Web site to educate Americans about how to protect themselves from fraud and report instances of fraud.

Crowe Horwath partner Wes Williams has been named chair of the Professional Ethics Executive Committee of the American Institute of CPAs.

Americans seem to hold a generally favorable view of accountants, according to a new survey.

The Treasury Department has launched a new initiative to dramatically increase the number of electronic transactions, including quarterly tax payments, in order to reduce paperwork.

A federal grand jury has indicted a California tax preparer on charges of tax evasion and possession of stolen government money after he was accused of stealing over $320,000 in tax refunds.