The Latest

The Internal Revenue Service’s Office of Appeals is already making initial preparations to deal with appeals from taxpayers as a result of various provisions of the health care reform law that are scheduled to take effect in the years ahead.

The Chartered Institute of Management Accountants could eventually merge with the American Institute of CPAs, according to CIMA’s chief executive.

Nonprofit-focused accounting software developer Blackbaud, Inc. previewed some of the upcoming features in its fundraising software The Raiser’s Edge, including a way to score donors, database administration improvements, and a mobile application.

Sage and Deltek reseller and technology consultant BCS ProSoft has purchased the Deltek Vision practice from Forepoint Inc., effectively growing its staff and customer base for the enterprise resource planning product.

Minnesota CPA firm Froehling Anderson recently raised money for a clothing donation to the 2nd annual Winter Camp at Voyageur Environmental Center in Mound, Minn.

The private sector added 325,000 jobs in December, according to payroll giant ADP, the largest monthly gain since December 2010.

BDO USA has expanded its New York and Los Angeles practices by adding six partners and 65 staff members from Salibello & Broder, effectively acquiring the firm.

The SEC has charged an Illinois-based investment advisor and former CPA with using LinkedIn and other social media channels to attempt to sell $500 million in fictitious securities.

President Obama may have run afoul of the Constitution in using a recess appointment to appoint Richard Cordray as the director of the nascent Consumer Financial Protection Bureau, but the need for the bureau to take action has been growing.

The Securities and Exchange Commission has filed suit in a Massachusetts federal court against JBI Inc., a Canadian company that claims to be able to convert waste plastic into clean-burning oil.