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The Financial Accounting Standards Advisory Council, the main advisory group for the Financial Accounting Standards Board, has released the results of a recent survey soliciting views about FASB’s future agenda, revealing pent-up demand for addressing issues such as financial disclosures, hedging and simplification of FASB’s Codification of U.S. GAAP.

The IRS is providing tax relief to individual and business taxpayers impacted by severe storms, flooding, landslides and mudslides in Colorado.

Accounting Today has chosen its list of the Best Firms to Work For in 2013.

Fixed asset product maker Asset Panda had released an eponymous SaaS and mobile app designed to automate and simplify the job of tracking and managing fixed assets – notably industrial equipment, information technology and office equipment.

After Exelon Corp. earned less than top executives needed to reach their annual cash bonus target last year, the board of directors provided a way to help bridge the gap: nonexistent profits.

The IRS issued the final Tangible Property Repair Regulations for Sections 162(a) and 263(a) last Friday, modifying and superseding the temporary regulations that were issued on Dec. 23, 2011.

Online bill payment and invoicing service Bill.com has launched the Bill.com App Center, which creates an open, SaaS-based platform for CFOs, financial professionals and companies to utilize

You’ve probably read quite a bit already about Microsoft’s efforts to compete against Apple and Android in the tablet market and the Surface Pro is the latest weapon in that war, but is it right for your firm's use?

Sage North America and NetSuite partner DSD Business Systems has appointed its chief financial officer Kayley Bell to the newly created position of chief operating officer.

The Internal Revenue Service’s estimate of the so-called “Tax Gap,” the difference between taxes owed and taxes paid voluntarily and on time, needs to be more accurate, reliable, comprehensive and timely, according to a new government report released to the public Monday by the Treasury Inspector General for Tax Administration.

Thomson Reuters has released the FATCA Essentials library as part of its Checkpoint online research service, providing information on the Foreign Account Tax Compliance Act.

Sikich LLP has agreed to merge with the St. Louis-based firm O’Donnell, Bonebrake & Co.

The Internal Revenue Service is providing guidance on the application of the market reform provisions of the Affordable Care Act to health care arrangements such as health reimbursement arrangements, employer payment plans and flexible spending accounts.

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RoseRyan’s 20 libations, NJSCPA Tuesday Twitter Tips and more…

The Internal Revenue Service said Friday that approximately 4,000 plan sponsors received erroneous penalty notices.

As tax reform efforts resume in Washington this month, a new survey finds that over 70 percent of business tax professionals believe a detailed tax reform plan will begin to be worked on by the House Ways and Means Committee this year, and nearly 50 percent of the respondents think a tax reform plan will be put forward in the Senate.

A former Internal Revenue Service manager has been sentenced to a year in prison after she was convicted of accessing IRS computers on behalf of a tax business that she operated on the side.

IMGCAP(1)]Reseller partners are buying while cloud accounting is flying with a veteran tax and accounting executive trying to take a long-standing player in that space to the next level. All of these topped the news in our world this week and I’d like to share my views on them with you.

Visitors to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, leave appreciative notes on a glass wall near the entrance.