The Latest

  • IMGCAP(1)] I was casually chatting with our office neighbor, Roger, last week.

    December 15
  • A federal judge’s decision striking down a key provision of the health care reform law, along with the near-certain repeal of the 1099 information reporting requirements in the law, indicate that President Obama’s signature achievement of the past year is likely to be chipped away in the years ahead before many of its provisions even take effect.

    December 15
  • Accounting firms should take steps to safeguard themselves from employees who might decide to bring the firm’s clients and secrets with them on a tiny thumb drive when they join a rival firm, recommended one legal expert.

    December 14
  • A former Indiana pastor has been sentenced to 54 years in prison for his role in a massive fraudulent investment scheme that raised more than $120 million from investors in church bonds.

    December 14
  • Frank Tobias has joined the Lancaster, Pa., office of Reinsel Kuntz Lesher LLP, CPAs and Consultants, as a principal in RKL’s Tax Services Group.

    December 14
  • Two years after revelations emerged of Bernard Madoff’s multibillion-dollar Ponzi scheme and only days after the suicide of Madoff’s eldest son, the Public Company Accounting Oversight Board proposed a set of rules on Tuesday to begin expanding the PCAOB’s oversight authority to encompass audits of securities brokers and dealers.

    December 14
  • As the end of the year fast approaches, the Internal Revenue Service is strongly encouraging paid tax preparers to register now for their new or renewed Preparer Tax Identifications Numbers to avoid any last-minute rush.

    December 14
  • Ninety-two percent of corporate tax professionals consider data management to be a primary goal for improving the tax process, according to a new survey.

    December 14
  • Thirty-three of BDO USA LLP’s offices have been recognized in 2010 with the prestigious Alfred P. Sloan Award for Business Excellence in Workplace Flexibility.

    December 14
  • From hot air balloons to bagels, 2010 proved to be yet another year in which states and municipalities passed some strange tax laws in a desperate bid to raise revenues and close their budget gaps.

    December 14