April 14, 2011
Top News | Tax | Accounting & Auditing | Technology | Education & Careers | Fitness | Blogs | Watchdog
Some things we can improve, such as our respective credit scores. Only 13 percent of the U.S. population has a credit score of 800 or more. Other bits of life we really can't do beans about, such as possible government office shutdowns or the Fed's interest rate swings.

So what would you like to change about the accounting profession? See what others in the profession think and toss in your two cents.

Rob Nance
Publisher
publisher@accountingweb.com
Tax professor crowns national champion in 'April Madness' bracket
A cottage industry has sprung up around the bracket created for the NCAA Division I men's basketball tournament. Syracuse University professor Robert Nassau decided to create his own "April Madness" bracket, as a teaching tool for his tax students and a fun way to illustrate a few points about the tax code. Read More...
Debit cards rewards may be gone; more changes coming
As a result of an amendment to the Dodd-Frank bill, JPMorgan Chase has announced that it will end its popular debit card rewards program for existing customers on July 19. Wells Fargo, SunTrust, and PNC have announced that they will either end their rewards programs or close them to new customers. Read More...
Short on cash? Last minute income tax payment options
Time is running out to pay income taxes by the Monday, April 18 deadline. The IRS has laid out the options for making payments with checks, credit cards, and e-funds. Forward this article to any clients who are looking for tax payment options. Read More...
There's an app for that: Track refund status for your clients
The Internal Revenue Service wants to remind taxpayers to use new mobile phone applications launched this filing season to check the status of their refunds and to get other tax information on the go. Read More...
Could you be breaking the law by not archiving e-mails?
Think about it – almost all of your business communications and negotiations are performed via e-mail, making them important documents to keep for reference. Read More...
Mint.com adds home loans feature to help homeowners make financial decisions
To help people make better decisions about dealing with mortgage debt, online personal finance aide Mint.com has added a home loans feature that can help individuals reduce interest rates or lower monthly payments. Read More...
Intuit offers $10,000 to innovative entrepreneurs
Do you have Intuit's next great idea? If so, the company wants to hear from you. Intuit Inc., which created Quicken and QuickBooks, is unveiling a website where innovators can collaborate to solve some of the company's biggest product challenges. And in the process, someone's bright idea may be worth up to $10,000. Read More...
Famous names go round two with the Taxman
Rapper Lil Wayne probably breathed a sigh of relief a few months ago when he settled his $1.13 million debt with the Internal Revenue Service. But compared to the new lien just filed for income earned in 2008 and 2009, that previous bill must seem small. Read More...
Company announcements: Week of April 11, 2011
Following is the latest roundup of accounting community news for the week of April 11, 2011. Read More...
FAF annual report highlights new initiatives
The FAF's 2010 Annual Report, released last week, highlights new initiatives undertaken by the Financial Accounting Foundation - overseer of the FASB and GASB - in the past year.
Read More...
Electronic delivery of confidential information
Great care should be taken in selecting the method of electronic delivery to prevent creating a situation where there could be hacker access to the information and also to provide significant ease of use by the recipient. Read More...
Late inning rally for the federal budget
On Friday night, Congress and the President combined on a late inning rally that brought at least one small win. But the win is in a game which is very early in a long season for our country. Read More...
Cloud computing and the sales tax: Who knows
The sales taxation of digital products and electronic commerce has become increasingly more important. As you may know, states are hurting for revenue, and since our economy has moved more and more towards electronic commerce, the states must figure out a way to tax it, or else lose out on much needed revenue. Read More...
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