The Latest

iPro One and American Business have teamed up to offer insurance products that wealth management advisors at CPA firms can market to their clients.

Online payroll service PayCycle unveiled the latest version of its software, with improved set-up and export features.

Accountants and banking industry officials hoping for looser financial reporting standards in response to the economic downturn received a reality check from the keynote speakers at the American Institute of CPAs’ National Conference on Current SEC/PCAOB Developments.

At the risk of sounding like a public service announcement for the AICPA, the PCPS [Private Companies Practice Section] member area of their site, http://pcps.aicpa.org/, has a plethora of information for firms scratching their heads about practice management strategies – including intergenerational and diversity issues. Think of it as sort of S.O.S.

While much of the New York press corps spent last week fixated on how sure-handed Giants wide receiver Plaxico Burress clumsily managed to put a bullet through his own leg, there appeared a brief dispatch buried deep in the business sections on how former WorldCom CEO Bernie Ebbers is eyeing a potential pardon.

A group of Democratic representatives from the House Ways and Means Committee wrote a sternly worded letter to Treasury Secretary Henry Paulson warning him against expanding a controversial IRS Notice that allows banks to write off the tax losses of other banks they acquire.

Weaver and Tidwell is merging with Polansky McNutt Perry & Co., expanding Dallas-based Weaver into the San Antonio market.

Business optimism among U.S. business leaders has plummeted to its lowest level yet, according to a survey by Grant Thornton.

The Virginia Society of CPAs is offering a free financial wall calendar for consumers, developed in partnership with the American Institute of CPAs.

The fourth of six defendants in a $60 million tax fraud conspiracy case has been sentenced to more than 17 years in prison for his role.