Subject Root Tag

Employers are still misclassifying millions of workers as independent contractors, instead of employees, according to a recent government report.

Email is often the first introduction to mobility for many users and the Boxer email app takes it to the next level by combining all user email accounts in one interface.

BDO USA took the top spot in the league tables for large-firm gains of Securities and Exchange Commission audit clients in the second quarter of 2013. The Chicago-based firm, which ranks No. 8 on Accounting Today’s Top 100 Firms list, added a net nine new firms, far ahead of most other firms for the period.

A financial technician who worked in a Boone County, Ky., office of the Internal Revenue Service has been charged with multiple crimes relating to her unauthorized access of an IRS computer to obtain personal information about taxpayers.

The Internal Revenue Service’s Return Preparer Office said it is sending letters to 3,000 tax preparers who failed to use a valid Preparer Tax Identification Number.

Russell Golden, the newly appointed chairman of the Financial Accounting Standards Board, will be overseeing a board that will be dealing with a new uncertain environment in which it will be only one of a number of standard-setters from around the world working together in a more multilateral way to decide on future standards for the profession to follow.

David A. Vaudt, the new chairman of the Governmental Accounting Standards Board, plans to closely monitor the impact of GASB’s new pension accounting standards on the finances of state and local governments.

New hires, promotions and more…

Firms awards scholarships, PwC opens a new office and more…

Once again I feel the need to focus more on a single topic rather than the news of the week -- and I promise this will be the last time for a while -- but with the show floor going through final sweeping at Sage Summit I thought it appropriate to give my take on the week-long user and partner event.

There’s a tie that binds the Securities and Exchange Commission’s separate probes of SAC Capital Advisors LP founder Steven A. Cohen and Fabrice Tourre, the former Goldman Sachs Group Inc. vice president.

The Financial Accounting Standards Board and the International Accounting Standards Board said Friday they plan to create a joint group to help companies and their accountants make the transition to the upcoming final converged standard on revenue recognition.

Searer Business Technology (SBT) has released Executive Series Version 6.3 accounting software, which includes 300 enhancements and features across all major modules.

Last week, one of the “girlie” cable channels had a weeklong Christmas-in-July event, where they showed Christmas movies the whole week. (In case you’re wondering, it’s my wife, not me, who watches this particular channel). But the thought occurred that if it’s time to start thinking about Christmas, then it’s also time to begin considering end-of-year tips and planning strategies to offer clients as we approach the beginning of fall.

About 11 million U.S. students who need to borrow to cover their college costs would pay 3.86 percent on their next loans under legislation now headed for final passage by Congress.

Senators Tom Harkin, D-Iowa, and Chuck Grassley, R-Iowa, led a bipartisan group of five senators in introducing legislation to increase the alternative tax liability limitation for small property and casualty insurance companies.

The Internal Revenue Service has issued a revenue procedure that clarifies the rules for when a company uses the deferral method of accounting for advance payments that are received by the taxpayer for the sale of gift cards that are redeemable by an unrelated entity.

There are currently 17 states offering sales tax holidays where state sales tax charges are temporarily dropped on back-to-school items such as clothing, footwear, classroom supplies, computers and certain other products, according to CCH.

The International Auditing and Assurance Standards Board has released proposals aimed at fundamental transformation of the structure of the future auditor’s report with the goal of communicating better to users such as investors and financial analysts.

The American Institute of CPAs has issued an exposure draft resulting from AICPA’s Attestation Clarity Project in an effort to clarify the professional standards it uses for attestation engagements.