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Sage Software has updated its Sage FAS software with a service update to reflect the economic stimulus package recently enacted by Congress.

There are a lot of very good research tools on the market. But what's available for the small practitioner who needs less than high-powered products?

The California Society of CPAs said it would begin an educational initiative to help its 31,000 members cope with International Financial Reporting Standards.

When David van Toor of Sage Software took over the position of senior vice president and general manager for the company’s CRM solutions in North America, he wasn’t aware he’d be taking on Amazon.com too.Van Toor found that users of the Act! by Sage product line were posting not only negative comments about the product on Amazon, but vicious ones as well, creating a domino effect among reviewers. In response, van Toor posted a note on the online shopping site, directing customers to Sage’s own Web site, which then led them to van Toor’s e-mail address.

The ink hadn’t dried on the new economic stimulus bill before federal tax authorities began receiving complaints about vicious new tax rebate scams targeting taxpayers and their accountants.The new flurry of fraudulent activity is directed at taxpayers expecting to receive the rebates of up to $1,200 per couple that Congress voted to send out after the close of this year’s tax filing season.

An item in the New Products section of the Jan. 28-Feb. 10, 2008, Accounting Today (page 24), misidentified the product that BizNet Software’s BizExcelerator works with; it is designed for users of Sage MAS 500.

David Walker, comptroller general of the United States and head of the Government Accountability Office, has resigned to take over as president and CEO of the newly established Peter G. Peterson Foundation. His resignation was effective March 12.Walker had been comptroller general since November 1998.

There’s an 800-pound gorilla on the presidential campaign trail, but none of the candidates is talking about it.That gorilla has doom written all over it, to the tune $55 trillion - and counting.

ADVISORY COMMITTEE ISSUES PROGRESS REPORTWashington, D.C. — The Securities and Exchange Commission’s Advisory Committee on Improvements to Financial Reporting has released a progress report on its work to date.

A multi-episode plot of the classic sitcom All in the Family had Archie Bunker and his union colleagues on the loading dock staging a strike and demanding higher wages and better working conditions. When the walkout is finally settled, his son-in-law calculates that the agreed-to increase in wages will actually leave the workers behind the cost of inflation in just a few years’ time.Ever since then, I’ve tried to maintain a degree of skepticism about any financial agreement that concerns me — with the lone exception of not questioning a too-good-to-be-true deal on a 1970 454 V-8 Chevelle.