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The Houston CPA Society thanked its volunteers and leaders for their service through the 2012-2013 fiscal year during its annual awards banquet.

Bloomberg BNA executive editor of tax and accounting George Farrah discusses how accountants today are dealing with the economy, technology, globalization and practice management, in an interview with Accounting Today editor-in-chief Daniel Hood.

American Institute of CPAs president and CEO Barry Melancon has written to the leaders of the state CPA societies in response to an announcement from the National Association of State Boards of Accountancy urging private companies not to use the AICPA’s recently unveiled Financial Reporting Framework for Small and Medium-sized Entities.

The National Society of Accountants has met with officials at the Internal Revenue Service to try to persuade the IRS not to close down its Disclosure Authorization and Electronic Account Resolution e-Services.

For anyone evaluating the principles of the new service organization controls (SOC), particularly SOC 2, BrightLine CPAs & Associates principal and SOC reporting practice leader Greg Miller describes the five key principles and how to select the right one.

Jennifer Warawa, VP of partner programs and channel sales at Sage, discusses how accountants need to communicate more frequently with clients so they become more of an "on-demand" resource for their clients, in an interview by Accounting Today editor-in-chief Daniel Hood.

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Practitioners who have clients with overseas accounts should alert them now that the FBAR (Foreign Bank and Financial Accounts Report) form must be received by the Department of Treasury no later than June 28 this year. Although the actual due date is June 30, this year it falls on a Sunday and there is no extension of the due date when it falls on a weekend.

The Internal Revenue Service has finalized the regulations for the 10 percent excise tax on indoor tanning services that was included as part of the health care reform law.