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Pacion Ajder PC has merged into the Northbrook, Ill.-based practice of Lipschultz Levin & Gray LLC. Terms of the deal were undisclosed.

Gofrank & Mattina PC has merged with the Lapeer, Mich.-based accounting firm Brown & Kent PC. The combined firm now has a total of 29 employees, including 19 CPAs.

The Seventh Circuit Court of Appeals has affirmed the dismissal of a class action that sought damages by class members as a result of the 2008 UBS tax evasion scandal.

The Financial Accounting Standards Board made available the first in a series of implementation guides Monday to help users of its U.S. GAAP Financial Reporting Taxonomy understand how disclosures are structured with Extensible Business Reporting Language, or XBRL, technology.

Google Inc.’s planned litigation against the U.S. Internal Revenue Service centers on a domestic, not international, tax dispute, the company said.

Public Company Accounting Oversight Board member Jeanette Franzel said the ability to inspect auditing firms in China remained one of the PCAOB’s greatest challenges, but the PCAOB is making progress on negotiating a memorandum of understanding with the Chinese government.

A New York judge has given the go-ahead for a class-action lawsuit against KPMG by female employees claiming gender discrimination by the firm.

A recent Tax Court case involving listed transactions is important for what did not happen: the Internal Revenue Service did not “throw the book” at the taxpayer.

The Internal Revenue Service announced that it would begin accepting tax forms covering depreciation on Sunday, February 10, and forms covering education credits on Thursday, February 14.

The Indiana CPA Society has released a white paper on the topic of integrated reporting.

American Institute of CPAs VP Mark Koziel discusses trends from the most recent MAP Survey, including results on partner compensation, billing rates and the profession's emergence from recession.

Sage North America confirmed that its cloud-based, entry-level accounting product, Sage One, now integrates with both Sage Payment Solutions and PayPal, allowing for more automated payment processing and invoicing.

The International Organization of Securities Commissions (IOSCO) has published a consultation report offering recommendations regarding the protection of client assets, to help regulators improve the supervision of intermediaries holding client assets in the aftermath of scandals at MF Global and Peregrine Financial Group.

A couple of real accounting changes occurred, but world accounting convergence got derailed.

Baker Tilly International's revenue update, FASB updates, network memberships and more...

A Tennessee man has quit his job after receiving a W-2 tax form from his employer stamped with the number 666.

New hires, promotions and more

The Financial Accounting Standards Board has issued an updated financial instruments standard clarifying how some fair value requirements do not apply to private companies and not-for-profit organizations.

Intacct has revamped its pricing and added several updates to its Accountants Program, all of which are designed with the purpose of making it simpler and more compelling for accountants to join.