The Latest

Donna Wesling has been elected chairman of the Texas Society of CPAs for a one-year term.

The Internal Revenue Service has issued a notice seeking out businesses that have the necessary expertise to provide a registration and tracking system for providers of continuing education courses for tax return preparers, but the deadline for applying is Monday.

Mark Eberle, partner at Arizona-based CPA and business advisory firm Henry & Horne, received the 2011 Segner Award from the Scottsdale Area Chamber of Commerce.

Thomson Reuters has agreed to acquire Manatron, a provider of property tax automation and land registry global software for governments and municipalities and fold it into its Tax & Accounting unit.

Rep. Jim McDermott, D-Wash., has introduced bipartisan legislation that aims to bring parity and equal treatment under the Tax Code for health plan beneficiaries who are domestic partners and non-spouse dependents.

Deloitte is expanding its cloud computing services to provide client companies with a broader set of capabilities, including business model development, solution delivery and talent management.

The U.S. economy added only 54,000 jobs in May, sending the unemployment rate up a tenth of a percentage point to 9.1 percent, in the latest sign of a slowing recovery.

The Public Company Accounting Oversight Board could begin requiring public companies to rotate their auditing firms on a regular basis to reduce conflicts of interest.

Maybe it was the time of day. Or maybe I was just lucky. That’s what the CPA who prepares my tax return told me when we were able to reach the Philadelphia office of the IRS twice in a row, to speak with someone about some pesky notices I had been receiving.

XBRL US has introduced a new taxonomy for reporting on corporate actions, such as mergers, dividends, stock splits and other events, using the Extensible Business Reporting Language data-tagging format.