The Latest

H&R Block is re-aligning its tax and corporate structures and putting CEO Russ Smyth in charge of its tax operations.

There's a consensus building among Washington power brokers and policy wonks that may rub out several of our most cherished tax deductions in order to finance the Obama administration's health care reform plan.

MARCUM MERGES WITH RACHLIN

Nearly two years ago in this space, I wrote about David Walker's "Fiscal Wake-up Tour," where the former head of the Government Accountability Office spent nearly three years warning the country about its "imprudent and unsustainable fiscal path," particularly with regard to the budget-depleting entitlement programs - Social Security, Medicare and Medicaid.

'Cloud' computing is all silver lining for small businesses (and their accountants, too)

There's a perfect storm brewing in the accounting profession and it directly relates to the slow adoption of customer relationship management systems - at least according to Danny Estrada, CRM practice director at New York reseller Net@ Work.

Some readers were surprised to learn from "In need of review?" (April 20-May 3, 2009, page 1) that, prior to a recent law, New York State did not require peer review. It is, in fact, true - though many New York-based firms have undergone peer reviews as part of their membership in the American Institute of CPAs. For instance, 522 peer reviews were conducted in the state in 2004, according to The Trusted Advisor, a publication of the New York State Society of CPAs.

Gov't stimuli and a tough economy made the 2009 tax season unusual

Digital paper and ink, touch-screen technology, social media and IT security headlined the opening session at Tech+ 2009, the AICPA Information Technology Conference here.

The IRS is asking the public to weigh in on the question of how to track cell phone usage when employers provide the phones to employees.