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It's that time of year when many firms will soon start Saturday hours as they dive into Busy Season. Thinking of tax returns, the old song Sunny Afternoon by The Kinks comes to mind."The tax man’s taken all my dough and left me in my stately home," sang Ray Davies. Hearing the song again over the weekend sparked a memory of seeing a news report on CNN a few years ago. The report was about disgruntled former employees of businesses large and small who were regular sources of IRS tips. Read More >> Rob Nance Publisher publisher@accountingweb.com |
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| IRS changes April 15 filing deadline for 2011 | |||||||||||||||||
The Internal Revenue Service opened the 2011 tax filing season by announcing that taxpayers have until April 18 to file their tax returns. Read More >>
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| Small business employment index indicates 57,000 jobs created in December | |||||||||||||||||
| Small business employment continued to show growth in December with an increase in hours worked and wages flat, according to the most recent Small Business Employment Index by Intuit Inc. Read More >> | |||||||||||||||||
| PwC provides top 10 questions for audit committees | |||||||||||||||||
| Wondering where to start with your next audit? PwC US's Center for Board Governance has announced its annual list of questions and insights to help audit committees oversee their companies' 2010 year-end financial reporting process. Read More >> | |||||||||||||||||
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| Stars up to their necks in IRS trouble | |||||||||||||||||
Rounding out 2010's cavalcade of celebrities mired in tax issues are actor Val Kilmer, songwriter Lamont Dozier, rapper Trick Daddy, and all-around weirdo Grace Jones.
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| IRS agent facing prison time for filing false returns | |||||||||||||||||
| You may remember Albert Bront. He's the guy who greeted federal agents at his home by screaming, "I'm going to kill all of you!" The agents were there to execute a search warrant in 2009 based on an investigation of tax returns prepared and filed by Bront. Read More >> | |||||||||||||||||
| Study: Compliance, staffing capabilities will need special attention in changing economy | |||||||||||||||||
| The 2011 benchmarking study of the finance function has been released. The study reveals how public and private firms of all sizes are currently managing their financial departments in six vital areas. Read More >> | |||||||||||||||||
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| Company announcements: Week of January 10 | |||||||||||||||||
Following is the latest roundup of accounting community news for the week of January 10, 2011.
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| Rosen Seymour Shapss Martin & Co. expands operations through merger | |||||||||||||||||
| Rosen Seymour Shapss Martin & Company LLP recently announced that Kahn, Hoffman & Hochman, LLP has merged its practice into RSSM effective January 1, 2011. The firm will operate under the name Kahn Hoffman & Hochman LLC, a Division of RSSM LLP. Read More >> | |||||||||||||||||
| Morrison, Brown, Argiz & Farra joins forces with ERE | |||||||||||||||||
| Miami-based Morrison, Brown, Argiz & Farra, LLC, and New York-based ERE, LLP, this week announced that they have joined forces. As a result, ERE will become MBAF-ERE CPAs, LLC, a division of MBAF. Read More >> | |||||||||||||||||
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| Illinois Houses pass Amazon nexus law | |||||||||||||||||
Illinois has joined the Amazon nexus bandwagon in 2011. HB3659 and Amendment 3 passed both Houses of Congress. It is now up to the governor to sign.
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| Rebirth of the internal control flowchart | |||||||||||||||||
| Our profession is experiencing a rebirth of the use of flowcharts and the related systems walk-through procedures as the most popular methods of internal control documentation. Read More >> | |||||||||||||||||
| Health care San Francisco | |||||||||||||||||
| Check out this interesting solution to health insurance in San Francisco. I find this very timely as my husband and I were just lamenting the cost and lameness of our family's health insurance. Read More >> | |||||||||||||||||
| Exit surveys: What you can learn | |||||||||||||||||
| Whenever you are finishing up an audit, a consulting engagement, or even a tax return, stop a moment and ask your clients about their experience with the firm. Read More >> | |||||||||||||||||
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