The Latest

The Internal Revenue Service has expanded the time window to 120 days during which it may share a taxpayer’s tax return information with third parties, based upon a taxpayer’s written disclosure authorization.

5280 Solutions has released DynamicRM, records management software that integrates with Microsoft’s SharePoint collaborative software.

Public companies in Argentina will be required to adopt International Financial Reporting Standards starting in 2012.

Most turnaround professionals predict a hard slog toward economic recovery in 2010 as businesses weighed down by debt hit rough patches and credit markets shun them, according to a new survey.

The California Board of Accountancy is requiring CPAs licensed in California to take additional ethics education classes starting in the New Year, and all accounting firms in the state will be subject to peer review.

IMGCAP(1)]Technological advances have made direct deposits of refunds, paychecks and other items enormously popular in recent years. The system normally works very well, and can usually be relied upon as a way to transfer money quickly and easily between parties. However, if something goes wrong at any point in the process, my experience has shown that correcting the matter can be almost impossible, and chances are very good that someone will lose his money.

The expiration of the estate tax at the beginning of the year, and the threat of it returning with a vengeance in 2011 at a 55 percent rate for estates over $1 million, is giving estate planners fits.

Breaking bread with key contacts is good business, according to a recent survey of CFOs.

With the New Year swiftly approaching, small and midsized businesses can start planning how to improve their operations in 2010, even if the economy isn’t helpful, according to a financial services firm.

The Internal Revenue Service has issued a set of proposed rules that would make it easier for tax preparers to contact clients about tax law developments, send out newsletters and deal with liability insurance claims.