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IMGCAP(1)]Every day, many small and midsized business owners find themselves in need of new funding for all kinds of good reasons: working capital, business expansion, hiring and building additions, to name a few.

Rep. Darrell Issa, R-Calif., who will be chairing the House Oversight and Government Reform Committee, a top investigative committee in Congress, starting this week, is telling the Obama administration it had better hire more accountants.

CCH has published a new tax briefing that provides an overview of the key tax law developments of 2010 and their impact on taxpayers.

Significant problems remain with efforts by the Internal Revenue Service to identify and prevent tax refund fraud by prisoners after the passage of a 2008 law aimed at curbing such issues, according to a new government report.

ARIZONA

The Internal Revenue Service has filed a tax lien against actor Val Kilmer for nearly $500,000.

The International Auditing and Assurance Standards Board released a new proposed strategy and work program for 2012-2014 on Monday.

The House Republican leadership plans to introduce rule changes that would make it harder for Congress to pass tax increases or close tax loopholes.

Web-based bookkeeping service Real Time Bookkeeping has changed its name to Cloud9 Real Time.

Managerial Design, a management process consulting firm based in Oakville, Ontario, merged with Deloitte on Monday.