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The continuing inability of Congress to agree on what to do with the expiring Bush tax cuts has real consequences, as small businesses remain stymied in their planning for the future.

XBRL US LABS RELEASES BRIX IPHONE APP

Depending on their point of view, payroll is either the best thing to happen to a CPA firm or the bane of their existence. But no matter what side of the fence CPAs are on, they have plenty of options to use or refer a payroll service.

Determining the true cost of ownership (TCO) of cloud computing isn’t always about the numbers. Although firms want to know the out-of-pocket cost for a new or updated technology, determining true cost actually has more to do with the ability to adapt to new processes than it does with adding up the numbers.

SAGE DEBUTS PEACHTREE CERTIFICATION PROGRAM

I recently returned from the Illinois CPA Society conference. I left with a lot of great information, as well as some interesting observations. The most striking observation relates to the accounting profession’s very obvious demographic profile.

When managing the ludicrously inept New York Mets in 1962, an exasperated Casey Stengel finally threw up his hands and shouted, "Can't anybody play this here game?"

Oprah Winfrey hired a CPA to make sure her audience won’t have to pay extra taxes for the free trip to Australia she gave to everyone present for the premiere episode of her final season.

John Blahnik, the former treasurer and vice president of treasury, mergers and acquisitions at auto parts maker Delphi Corp., agreed to pay $100,000 to settle accounting fraud charges with the Securities and Exchange Commission.

Senate Finance Committee chairman Max Baucus, D-Mont., has begun an investigation of the tax status of earnings by Prudential Financial on survivor death benefit accounts for life insurance policies it sold to members of the armed services.