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Accounting Today back issues
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TAX SEASON LESSONS: Confusion, complexity mark season; Gov't stimuli and a tough economy made the 2009 tax season unusual.(News)
June 15, 2009... Byline: Roger Russell
Taxpayers feeling the pinch of the down economy made this tax season atypical of those in recent years, say practitioners.
In addition to taxpayers "harvesting" losses they suffered in the downturn, congressional actions to stimulate the economy added to the...
Five lessons for fiduciaries from the financial crisis.(Crisis Center)
June 15, 2009... Byline: Pamela D. Perdue
It's often said that it is an ill wind that doesn't blow somebody some good. While the recent downturn has indeed been an ill wind for all concerned, it does hold out the possibility that plan fiduciaries may learn valuable lessons.
The significant drop in...
IN BRIEF.(Crisis Center)
June 15, 2009... Liability Attorney to CPAs: Trust Your Instincts!
Las Vegas - Accountants need to be proactive in protecting themselves and their firms from liability and malpractice claims, particularly in the wake of the legal fallout from the Bernie Madoff scheme and similar high-profile scandals,...
IRS unveils five-year plan; Strategy highlights service, enforcement, voluntary compliance.(Tax Practice)(Internal Revenue Service)
June 15, 2009... Byline: Roger Russell
The Internal Revenue Service's new five-year plan, which runs through 2013, seeks to balance service and enforcement while maintaining what it called "the fairest and most effective system of voluntary tax compliance in the world."
However, it isn't an either/or...
IN BRIEF.(Tax Practice)
June 15, 2009... BNA Restructures
Arlington, Va. - Tax and accounting publisher BNA has appointed a new chief information officer, established a new product research and development unit headed by a new chief product officer, and appointed six vice presidents.
The BNA board of directors named Carol...