Practice Management

CPA-focused business intelligence tool provider iLumen has added a survey platform as well as budgeting and forecasting capabilities to work in conjunction with its Client Intelligence and Industry Intelligence products.

The unthinkable happened to me. My office was burglarized and a computer stolen containing all of my clients’ personal information! This is my cautionary tale to my colleagues—we have become targets in the IRS identity theft epidemic.

The Internal Revenue Service told its employees and the union representing them Tuesday that it has taken various budget-related steps that will enable the IRS it to cancel the next planned unpaid furlough day for employees on Monday, July 22.

The American Institute of CPAs has written a letter to members of Congress to support legislation that would block the U.S. Department of Labor’s 2010 proposal to change its definition of fiduciary under the Employee Retirement Income Security Act of 1974 to include appraisers of employee stock ownership plans.

Sen. Chuck Grassley, R-Iowa, the former chairman of the Senate Finance Committee, is looking into findings from the Treasury Inspector General for Tax Administration that the confidential tax records of political donors or candidates have been inappropriately accessed or disclosed in several instances since 2006 and why the Justice Department has declined to prosecute the perpetrators.

With the formal release of the 2013 AICPA Guide, Valuation of Privately-Held Company Equity Securities Issued as Compensation, there are two valuation concepts that are new to the updated guide, but are already in fairly wide use.

Palo Alto Software has launched a service to integrate QuickBooks data with the company’s LivePlan software to remotely monitor the performance of a business for its accountants.

Deltek has purchased Texas-based project management product maker and services provider Acumen Solutions with the intent of helping Deltek enhance its products’ planning capabilities.

H&R Block said it has entered into an agreement with Republic Bank and Trust Company to sell assets and transfer liabilities from its H&R Block Bank unit to Republic.

I read an article recently on AmEx OpenForum that I found profoundly disturbing. It seems that if you aren't happy in your job, you are not alone. In fact, you are in the majority!