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President Obama placed an unusual degree of emphasis Tuesday during his State of the Union address on tax reform, and while there appears to be more bipartisan spirit in Congress in the wake of the tragic shootings in Tucson, the prospects for getting an agreement are murky at best.

President Obama urged Congress to work across party lines on an overhaul of both corporate and individual taxes to reduce tax loopholes during his State of the Union address on Tuesday night.

A new Web site called Teaspiller launched on Tuesday with the aim of helping taxpayers find accountants, especially during tax season.

Emerging Information Systems Inc., developer of NaviPlan and Profiles financial planning software, has introduced a new Retirement Consumer Facing Application for Profiles Professional.

The American Institute of CPAs has named Irv Rothenberg, CPA/PFS, of Santa Rosa, Calif., as the recipient of its 2010 Personal Financial Planning Distinguished Service Award.

Senate Finance Committee member Chuck Grassley, R-Iowa, and chairman Max Baucus, D-Mont., have introduced a bill that would prevent any individual or firm from being able to receive patents on tax strategies.

The Securities and Exchange Commission said the U.S. District Court for the District of Colorado has entered a final judgment against former Qwest Communications CEO Joseph P. Nacchio for financial fraud.

North Carolina accounting firm Davenport, Marvin, Joyce & Co. LLP announced the promotion of three new partners: Stacy M. West, Shirley B. Weigel and Laurie D. Williams.

Intuit Inc. has retooled its QuickBooks certification course to make it easier and faster for accounting professionals to become certified QuickBooks ProAdvisors.

Cloud-based electronic invoice presentment and payment software provider Data Impact has appointed veteran financial technology executive Michael Lane as its new chief executive and a member of the board of directors.