The Latest

A couple of weeks ago, I wrote about the devastating effects of Hurricane Irene and Tropical Storm Lee, which took turns ravaging the Eastern seaboard with widespread power outages and granting many homeowners instant easements to newly minted waterfront property.

The new goodwill impairment testing standard may give companies more options and flexibility, but it also leaves some questions unanswered, according to one expert.

The MTV reality series “Jersey Shore” has been approved for a $420,000 tax credit from the state of New Jersey, even though the film tax credit program has been suspended due to state budget cuts.

The National Association of State Boards of Accountancy plans to launch an enhanced Uniform CPA Examination Online Application System in the 32 jurisdictions supported by CPA Examination Services.

Thomson Reuters has released an Android-compatible version of its practice management system, Mobile CS.

President Obama signed the patent reform bill into law on Friday with provisions outlawing patents on tax strategies.

Taxpayers still trying to cope with the fallout from the recession are expected to get some tax relief next year from mandatory annual adjustments in tax brackets, according to CCH.

The Internal Revenue Service said the competency exam for Registered Tax Return Preparers will be available starting in October.

Payroll and benefits outsourcing concern Paychex named Ricoh veteran Markl Bottini to the post of senior vice president of sales, effective in mid-October.

William "Trey" Watkins III, CPA, a member of Watkins Uiberall PLLC has been appointed as a member of the Tennessee State Board of Accountancy.