The Latest

Three-quarters of U.S. CEOs expect to see foreign companies investing more in U.S. businesses over the next year, according to a survey by Grant Thornton.

Financial Executives International has named a new chairman and board of directors for 2008-2009.

The Internal Revenue Service needs to do a better job of managing its sales of seized property, recommends a report by the Treasury Department's inspector general.

An Ernst & Young partner has teamed up with a movie studio accountant to produce an online comic book based on the TV series and recent movie Get Smart that provides an overview of tax deductions for the film and TV industry.

Education consultancy Professional Education Services has created an affiliate program for CPAs and certified financial planners to give them access to its college-funding software.

“Technology is making it possible for smaller accounting firms to make sure their clients don’t get in trouble over payment of sales and use taxes. How have most firms handled this in the past?” was the speaker’s question. “They didn’t,” was the answer from attendees at MD Biz, Maryland Business & Accounting Expo, who were probably more interested in continuing education credits than the speaker’s comments (mine).

The National Football League is asking for an exception to new Form 990 rules that require tax-exempt organizations to disclose the names and salaries of any executives who earn more than $150,000 per year.

The American Institute of CPAs and Texas Tech University's Division of Personal Financial Planning have teamed up to offer a new educational program for gaining the AICPA's Personal Financial Specialist credential.

The Internal Revenue Service has introduced a free e-mail service to provide tax information to small business owners and the self-employed.

Intuit said it would begin offering new online services for small businesses using QuickBooks software as part of its "Connected Services" strategy.