The Latest

New Jersey accounting firm Cullari, Gallo, Soojian, Carraba LLC has merged with Carrico Associates P.A.

Actor Willie Aames has become a financial planner despite filing for personal bankruptcy twice.

Accounting and consulting firm Rehmann has combined with Cleveland-based Dawson Wealth Management, increasing the size of Rehmann’s wealth management practice to over $1 billion in assets under management.

The Internal Revenue Service plans to audit Harvard University and about 39 other colleges as part of an overall review of tax-exempt nonprofit organizations.

The Public Company Accounting Oversight Board has published two sets of staff questions and answers to provide guidance about a registered auditing firm’s obligation to report certain events to the PCAOB in special reports, and the process through which a firm can succeed to a predecessor firm’s registration status.

The Tax & Accounting business of Thomson Reuters has integrated its GoSystem Tax RS Web-based tax preparation software with Intacct’s Web-based accounting software.

The Internal Revenue Service’s ability to detect fraudulent tax refund claims may have been weakened by a recent move to assign the task to a relatively inexperienced group of employees, according to a new report.

CPA and business advisory firm The Resnick Druckman Group has merged in New York-based practices, Sigmund Balaban & Co. and Gilbert, Wolff and Co., effective immediately.

From now until April, Ohio CPAs are volunteering to prepare 2009 tax returns for military personnel who are permanent residents of Ohio and are currently deployed outside of the state.

IMGCAP(1)]As I have performed over 700 SAS 70 audits, I should find that each SAS 70 audit is similar to the previous one I just performed. The good or bad news, depending upon how you look at it, is that they are not, and 2010 looks to be an even more challenging year to stay on top of the changes.