2010 CPAStudentZone News & Announcements

 

Archives: 2009

 

Congressmen Introduce Bill to Limit Form 1099-K ‘Overreach’
Reps. Bobby Schilling (R-Ill.) and Aaron Schock (R-Ill.) have introduced a bill to prohibit the U.S. Internal Revenue Service (IRS) from implementing a new tax-reporting requirement for small businesses to reconcile their Form 1099-K (PDF)...
IRS, Treasury Department Propose New FATCA Rules
The U.S. Internal Revenue Service (IRS) and the U.S. Treasury Department have released proposed regulations for implementing the Foreign Account Tax Compliance Act (FATCA). FATCA, which was included in the Hiring Incentives to Restore Employment...
IRS, Treasury Department Propose New FATCA Rules
The U.S. Internal Revenue Service (IRS) and the U.S. Treasury Department have released proposed regulations for implementing the Foreign Account Tax Compliance Act (FATCA). FATCA, which was included in the Hiring Incentives to Restore Employment...
SEC Appoints Franzel to PCAOB
The U.S. Securities and Exchange Commission (SEC) named Jeanette Franzel, CPA, to the Public Company Accounting Oversight Board (PCAOB). Franzel, a Virginia CPA, is a managing director at the U.S. Government Accountability Office (GAO) and has...
McDonnell Approves VBOA Fee Proposal
Gov. Bob McDonnell has approved the revised fee proposal from the Virginia Board of Accountancy (VBOA), moving the proposal into the public comment stage. The proposal, titled “Licensure Fee Adjustment,” had been approved by the...
Rating: 1 (by 4 users)
McDonnell Signs Tax Conformity Into Law
Gov. Bob McDonnell provided a swift resolution to the 2012 tax conformity process, signing HB 516 into law on Tuesday afternoon, Feb. 7.
Rating: 5 (by 4 users)
Taxpayers Indicate Concern About Security of Tax Filing
According to a new survey from Taxsoftware.com , a majority of taxpayers are concerned about the security and privacy of their personal and financial information when filing their state and federal tax returns online. The survey found that 54...
IFAC Survey: Small, Midsized Practices Feel Burdened by Regulations
According to a new survey (PDF) from the International Federation of Accountants’ (IFAC) Small and Medium Practices Committee (SMPC), regulatory burdens and economic uncertainty are the top challenges faced by small and midsized accounting...
The VRS Solution (Virginia Business)
Over the years Virginia has used various political budgeting techniques that enabled a reduction in the amounts needed to properly fund the Virginia Retirement System (VRS).The underfunding for VRS, now reported to be $19.9 billion, threatens...
Federal Taxation Podcast: Feb. 6, 2012

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