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News from the Web

Urgent Action Needed: Contact IRS to express concerns about tax preparer registration proposal
CPAs across the country should contact the IRS to emphasize the burdens CPAs, CPA firms and businesses will face if the IRS fully...
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Small Businesses Fear Hit From Rise in Tax Rates
By Martin Vaughan and Corey Boles Karen Port of St. Louis fears that President Barack Obama's plan to let tax rates rise for top...
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Worried small investors pull billions from stock funds
Individual investors are making a big shift from stocks to bonds as they flee from risk, analysts said.  -More- 
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When to discharge taxes in bankruptcy
CPAs can help clients and their attorneys determine if bankruptcy is a viable option for resolving federal tax liabilities.  -More- 
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Succession planning is challenging, but necessary
Planning for a company's future includes devising a process to choose a successor should a company leader leave.  -More- 
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Fed deserves continued congressional scrutiny
Congress must continue to pay close attention as the Federal Reserve works to translate financial regulatory-reform legislati -More- 
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Next phase of CARD Act takes effect
The Credit Card Accountability, Responsibility and Disclosure Act restrictions barring "unreasonable late payment and other p -More- 
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IRS to discontinue paper coupon deposits
The Internal Revenue Service announced that at the end of the year it will stop accepting paper coupons for deposits of payro -More- 
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Fed report paints a grim picture of U.S. household debt
Data from the Federal Reserve Bank of New York illustrate the challenges faced by America's households as they work to free t -More-  Free...
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Commentary: Housing market reality does not match government spin:
The Obama administration tries to put a positive spin on troubling housing market figures every month, pointing to measures s -More- 
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118,000 HAMP cases are still unresolved after 6 months
A government program to help struggling homeowners has a backlog of 118,000 people who have been waiting six months or more - -More- 
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Joblessness is up in 14 states, down in 18, Labor Department says
The latest unemployment statistics paint a mixed picture, as labor markets got better in some states and worse in others, but -More- 
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Housing crash redefines attitudes toward real estate
It could take the housing market as long as two decades to recover the $6 trillion it has lost in value since 2005, according -More-  Must-...
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Newsweek: U.S. is No. 11, but still ahead of China
Although Newsweek ranks the U.S. at No.  -More- 
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Lease accounting proposal would put more transactions on the balance sheet
A joint proposal from the Financial Accounting Standards Board and the International Accounting Standards Board to overhaul l -More- 
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Many homeowners are unable to refinance to benefit from low rates
Many homeowners are applying to refinance their existing loans to take advantage of historically low mortgage rates, with ref -More- 
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Senators press SEC to require disclosure of assets kept off books
A group of six Democratic Senators is asking the Securities and Exchange Commission to require U.S.  -More- 
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Register today: Learn about foreign bank account reporting requirements
The webinar Clients with Foreign Bank Accounts: What Accountants and Financial Planners Must Know about Reporting Requirement -More- 
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Diana Scharf Hunt,American author and time-management guru
Goals are dreams with deadlines. -More- 
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Need a Lawyer? A Route to Free Legal Advice
By Mike Michalowicz There's no way around it. As an entrepreneur, you'll (at some point) need the services of an attorney—...
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Cash Only, Please
By Emily Maltby Regulars at Peter Luger Inc., the iconic steakhouse in Brooklyn, N.Y., know the drill. If they're not toting...
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Small Business Casts Hopeful Eye on Lending Bill
By Martin Vaughan and Corey Boles Small-business legislation pending in the Senate would aid some profitable firms with tax...
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Small Firms Lagging, With Bulk of Job Losses
By Sara Murray Most of the job losses at the end of last year took place at the smallest firms, underscoring how small...
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Dot-Jobs Draws Worry
By Sarah E. Needleman Job-site operators are bracing for an influx of competitors as the dot-jobs domain widens its reach.So...
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Enterprise Dispatch
Robotic vehicles have been used for space exploration, deep-water drilling and a range of other exotic applications. Now one start-up is...
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On a Tight Budget? How to Land a Client
By Emily Maltby It's a common conundrum for business owners when sales aren't pouring in.To get more customers, you need to...
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Obama Urges Passage of Small-Business Bill
By Jared A. Favole President Barack Obama Tuesday urged Senate Republicans to stop what he said is the obstruction of...
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Monitoring the Monitors
By Sarah E. Needleman In 2003, Jane Terry installed software on her kids' computers to monitor their activities. Nothing...
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The Gift of Gab -- If You Can Stand It
By Barbara Haislip Give a speech. Win a client.As simple—or even scary—as that formula sounds, a host of entrepreneurs have...
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CPA Executives Grow Pessimistic on U.S. Economy, According to AICPA-UNC Quarterly Economic Survey
Expectations for the United States economy turned sharply negative on concerns about unemployment and a tight credit market, as pessimists...
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Private Company Financial Reporting Survey Open for Public Comment
Public comment on a series of questions will help the Blue-Ribbon Panel on Standard Setting for Private Companies formulate recommendations...
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House Members Express Concerns About Tax Return Preparer Regulations
Thirty-one members of the U.S. House of Representatives sent a bipartisan letter to Treasury Secretary Timothy Geithner urging changes in...
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Fall Members Advisory Symposium Features Panel of Business Gurus
Mary Kramer, publisher of Crain’s Detroit Business , will moderate a panel discussion exploring how to fix Michigan’s economy at the...
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Big Banks Loosen Lending Standards
By Sudeep Reddy And Robin Sidel Big banks in recent months eased standards on small-business lending for the...
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Start-Ups on a Shoestring
By Colleen DeBaise, Sarah E. Needleman and Emily Maltby You don't have to break the bank to start a business.For many would-...
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Chutes & Beers: When Quitters Make Dramatic Exits
By Sarah E. Needleman To the relief of most bosses, few employees garner as much media attention (or folk-hero status) as...
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Banker Builds a Candy Business in Bits and Pieces
By Christina S.N. Lewis "Something's burning," said Anita Zeldin. Alarmed, the 53-year-old former banking executive rushed...
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'Super Angels' Fly In to Aid Start-Ups
By Pui-Wing Tam And Spencer E. Ante Much of the venture-capital industry is undergoing a shakeout. But a...
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When You're Most Vulnerable to Fraud
By Rob Johnson Five years ago, Ed Couvrette was on top of the world.The manufacturing company he founded, E.F. Couvrette Co.,...
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The Old College Try
By Laura Lorber Jordan Holt needed a business plan. So he went back to school.A technician for a military contractor in...
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The Credit Crunch That Won't Go Away
By Emily Maltby Where's the money?The economy is on the mend. The government has launched a boatload of programs to get...
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No Splendor in the Grass
By Sarah E. Needleman The brutal summer heat has cooled demand for many small landscaping businesses, adding distress to a...
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Gloomy School Season Looms
By Emily Maltby Small retailers are bracing for another disappointing back-to-school season.Last year, a tougher credit...
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Microloans Helps Some Small Businesses Survive
By April H. Lee Like many small businesses caught in the worst economic crisis since the Great Depression, Tri-State...
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When Violence Strikes the Workplace
By Sarah E. Needleman "My executive assistant is opening the mail with a butcher knife."Those were the worrisome words that...
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Technology Basics for Business
By Colleen DeBaise Adapted from THE WALL STREET JOURNAL COMPLETE SMALL BUSINESS GUIDEBOOK (Three Rivers Press). Technological...
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IRS Realigns and Renames Large Business Division, Enhances Focus on International Tax Administration
The IRS announced last week that the agency will realign its Large and Mid-Size Business (LMSB) division to create a more centralized...
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IRS Removes Debt Indicator for 2011 Tax Filing Season
The IRS announced that starting with next year’s tax filing season it will no longer provide tax preparers and associated financial...
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Fall/Winter CPE Catalog on its Way
Watch for the 2010 MACPA Fall/Winter CPE catalog to arrive in your mailbox over the next two weeks. You’re sure to find excellent...
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Three CPAs Successful in Primary Bid
Congratulations to three CPAs who were successful in last week’s primary election! CPA Rick Snyder won the Republican nod in the race for...
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Baidu's CEO Pursues Growth
By Owen Fletcher Google Inc.'s pullback in China earlier this year left homegrown giant Baidu Inc. more dominant than ever as China's...
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Senate Democrats Propose Scaling Back IRS Reporting Law
By Martin Vaughan U.S. Senate Democrats proposed scaling back new Internal Revenue Service reporting rules that were part of...
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Fundraising From Friends and Family
By Dyan Machan Bank lending to small businesses is still in the dumpster, and venture capital investment remains way down....
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Protecting Personal Assets
By Emily Maltby Harry Clark, a serial entrepreneur from Temecula, Calif., is taking a hard-line approach these days when investors,...
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Ryan Streeter: Asian Entrepreneurs Are Bullish on the Future
By Ryan Streeter The past few years have seen no shortage of commentary about the comparative economic environments in China...
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SBA's 7(a) Program in Limbo
By Ruth Simon Pinnacle Bank made just two loans through the Small Business Administration in 2007 and 2008. So far this year...
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Back to School for Boss? Tax Breaks Can Help
By Barbara Weltman If you're a small-business owner seeking more training for yourself or for your staff, now is the time to...
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Stores That Can't Stay
By Sarah E. Needleman Next month, flu-shot provider WellCheck LLC will open its first retail stores—150 units in shopping...
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Getting Customers to 'Check In' With Foursquare
By Riva Richmond When Alissa White, owner of online retailer Matcha Source LLC, of Los Angeles, opened a temporary "pop-up"...
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This Tweet Requires Pen and Ink
By Katherine Rosman Chandra Greer, the owner of a Chicago stationery store called Greer, recently had an idea, "The easiest ways to...
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Restitching a Firm That Nearly Unraveled
By Julie Jargon J.W. Hulme Co., a Minnesota luggage maker that almost came unraveled during the credit crisis, is on the...
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Becoming the Boss Can Cost Plenty
By Sarah E. Needleman In late 2007, Taylor Senatore and Jennifer Frank withdrew most of their personal savings—a combined $250,000—to...
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Struggle to Fix Unpopular Tax Measure
Associated Press WASHINGTON—Tucked into the new health-care law is a requirement that could affect nearly 40 million...
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Affordable 3-D Arrives
By Emily Maltby (See Corrections & Amplifications item below.) Jeff David used to create his sports helmets the traditional way...
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Partisan Clashes Stall Legislation
By Naftali Bendavid And Stephen Power WASHINGTON—Partisan feuding Thursday jeopardized the prospects of...
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Bank of America Commits $10M in Small-Business Grants
By Darrell A. Hughes Bank of America Corp. on Thursday will commit $10 million in grants to nonprofit organizations that lend to small...
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Big Firms Win in Small-Business Bill
By Martin Vaughan A Senate bill promoted as a boon to small businesses includes significant tax benefits for large companies...
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VCs Stretched on Many Boards
By Scott Austin Entrepreneurs looking for sage advice from their investors say they're encountering a problem: Some venture...
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When the Folks Give You the Business
By Sue Shellenbarger Watching fellow college students working for $7.50 an hour after graduation, Tana Walther, a fashion-...
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Launching Gilt Groupe, A Fashionable Enterprise
By Colleen DeBaise (See Corrections & Amplifications below.) Lunchtime wouldn't be nearly so fabulous for budget-conscious...
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Lights Out Means Lost Sales
By Sarah E. Needleman On a recent morning, Frank Christopher arrived at the New York nightclub he co-owns to find its online...
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Apple Looks to Small Businesses
By Ian Sherr Apple Inc. is boosting efforts to appeal to a new type of customer: small businesses. The consumer electronics giant...
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Résumé Overload? A Shortcut to Spot Best Hires
By Mike Michalowicz If there's one thing we small-business owners need it's more time in our days. If you're like me, you're...
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The Oyster Industry's Nemesis: Water
By Jeffrey Ball HOUMA, La.—Oysters are dying in their beds in the brackish marshes of southern Louisiana, but the culprit isn't...
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In Sports, Managing the Team Is Often a Family Affair
By Sarah E. Needleman For the New York Yankees, it's a new era of family control as the late George Steinbrenner's sons Hal...
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For Disabled, a Job Hunt Alternative
By Sarah E. Needleman David Shunkey is autistic and doesn't speak. Around the start of the recession, he got laid off from two jobs....
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Summer Calls, but Getting Away Is Tricky
By Sarah E. Needleman The official start of summer may be just days away, but for many small-business owners, relaxing at a...
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The Art (and Journey) of Raising Funds
By Rosalind Resnick For an entrepreneurial start-up, landing that first check from an investor is a milestone.What many...
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Bernanke: More Needed To Boost Small-Business Lending
By Tom Barkley Federal Reserve Chairman Ben Bernanke urged banks and regulators Monday to seek out ways to ensure that small...
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Risky 'Search Funds' Draw Dollars
By Kyle Stock "Search" funds, small pools of money that seek to buy and manage small companies, are drawing a record number...
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Entrepreneurs Flock to Pet-Chicken Market
By Sarah E. Needleman Hobbies often hatch small-business ideas. Chickens are no exception. Ruth Haldeman began adopting...
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In Gulf, Usual Loans Not an Option
By Emily Maltby Kim and David Chauvin's shrimp-trawling company has had its share of knocks, but the couple has always managed to find...
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U.S. Business Faces Burden From New IRS Rules---Report
By Martin Vaughan An Internal Revenue Service watchdog warned Wednesday the paperwork burdens on small businesses may...
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Curves Loses Stamina, Closes Clubs
By Richard Gibson Curves International Inc., whose 30-minute workout for women once made it among the world's fastest-...
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Sam's Club to Offer Loans Up to $25,000
By Karen Talley Wal-Mart Inc.'s Sam's Club will begin offering loans of up to $25,000 to members in an effort to set itself...
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A Sample Can Be Simple and Cheap
By Sarah E. Needleman Kimberly Isaac used to dream of an easy way to transport the heavy tanks she relies on to indulge in her favorite...
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Tight Budgets Limit States' Small-Business Programs
By Emily Maltby A number of states have stepped in to help cash-strapped entrepreneurs get access to credit, primarily by...
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Firm Toots Horn Via Search Ads
By Sarah E. Needleman A common gripe among U.S. soccer fans is that vuvuzelas, the South African horns heard buzzing...
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And Now, the Tricky Part: Naming Your Business
By Emily Maltby Jake Schwarz, an attorney, spent months trying to settle on a name for his law firm. He considered using the founders'...
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NYU Starts Venture-Capital Fund
By Joseph De Avila New York University plans to launch a $20 million venture-capital fund that aims to spur technology...
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Cash for Chocolate? Creative Ways to Raise Funds
By Barbara Weltman The NFIB Small Business Economic Trends Report for June 2010 continues to show that owners complain about...
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CIT Prepays $1.25 Billion In Debt
By Matt Jarzemsky CIT Group Inc. prepaid $1.25 billion of debt after securitizing receivables and selling assets, relieving part of the...
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What's in a Name? Sometimes, a Lawsuit
By Emily Maltby Jimmy Winkelmann started a clothing company several years ago to mock fellow students who wore the outdoorsy The North...
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For Some, Hiring Cheap Is Mistake
By Sarah E. Needleman You still get what you pay for.That's the message compensation experts have for small-business owners...
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Disasters' Silver Lining: Green
By Sarah E. Needleman When a large number of people die, such as after a massive fire, shooting or natural disaster, Michael...
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Tax-Saving Moves for Small Businesses
By Bill Bischoff If you're a shareholder in a successful closely held C corporation, you know this year's federal income tax...
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Smaller Players Will Find Gulf Tougher
By Ángel González The troubles of behemoth BP PLC now threaten the small oil and gas companies that helped unlock the Gulf...
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You, Too, May Be a Winner!
By Dale Buss (Please see Corrections and Amplifications below.) A growing number of corporations, nonprofits and universities are...
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Chamber Launches 'Virtual March' on Finance Bill
By Victoria McGrane It's the 11th hour for sweeping financial-overhaul legislation in the U.S Congress, and the U.S. Chamber...
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Before You Moonlight...
By Shara Tibken The terrible economy is pushing lots of full-time workers to moonlight—as entrepreneurs. With money tight...
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The SBA Has a Deal for You
By Marshall Eckblad The government is trying to entice more small businesses to tap one of its loan programs. Before...
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Earning Cash With YouTube Videos
By Diana Ransom Like many realtors in hard-hit markets across the country, David DeVore of Orlando, Fla., hasn't had much...
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House Aims to Boost Small-Business Loans
By Martin Vaughan WASHINGTON—The U.S. House approved legislation Thursday to create a $30 billion fund to boost lending to...
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Three Minutes to a Million
By Emily Maltby Rupila Sethi knew how much would be riding on the next three minutes. As she stood at the podium Tuesday at...
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Services Let Start-Ups Pitch to Angels, for Free
By Scott Austin Start-ups hungry for cash are often expected to pay a fee to pitch to angel investors. But some free...
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What Makes a Mattress Cost $33,000?
By Anjali Athavaley How much would you spend for a good night's sleep?Some people might say $33,000. That's the price of E.S...
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Is Start-Up Savvy in Your DNA?
By Dyan Machan Ross Staszak and Aksel Güngör have just graduated from Drexel University. Both want to start companies, and both are...
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BP's Independent Dealers Face Threat
By Naureen S. Malik Protests and boycotts of the BP brand generated by the Gulf spill aren't likely to have a big immediate...
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House Approves Small-Business Tax Incentives
By Martin Vaughan The U.S. House of Representatives approved legislation to eliminate capital-gains taxes on some small-...
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Facebook Currency Rankles Some
By Sarah E. Needleman Facebook Inc. has been rolling out its own currency, to be used by members to buy virtual goods in...
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Will Your Business Idea Fly?
By Sarah E. Needleman Before committing to a solo public-relations practice last year, Saverio Mancina emailed more than two dozen...
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Mass. Race Highlights Health Care
By Naftali Bendavid BOSTON—High health-care costs are so sensitive in Massachusetts that when two health-care company...
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Three Best Ways to Become Eco-Friendly
By Sarah E. Needleman As images of the Gulf oil spill disaster continue to flash on TV monitors, small-business owners may...
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Small Firms Chafe At Senate Payroll Tax Proposal
By Martin Vaughan Gabriel Durand-Hollis, owner of a San Antonio, Texas-based architecture and interior design firm, is no John Edwards....
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Control Freak No More: Picking No. 2
By Sarah E. Needleman After years of growing their ventures, many small-business owners end up like Eric Poses – calling all...
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Leave the Business to the Kids? Maybe Not
By John Warrillow When Brian France took over as the CEO of Nascar, he completed a feat that may be even more difficult than...
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House Readies Capital-Gains Bill
By Martin Vaughan WASHINGTON—A bill to eliminate capital-gains taxes on many investments in small businesses could come to...
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CIT's Challenge: Find Cheap Funding Source
By Aparajita Saha-Bubna Lack of cheap funding continues to hamstring CIT Group Inc. (CIT), six months after leaving...
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Steering Grads to Start-Ups
By Shira Ovide Like many other college students, 19-year-old Ian Jennings Jablonowski treks to rock concerts and plays...
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Recession Brings Tough Love to Family Firms
By Ruth Mantell Expecting Mom and Dad to set you up with a cushy job in the family business? Not so fast. In this economy,...
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How to Win Venture Capital
By Colleen debaise Adapted from THE WALL STREET JOURNAL COMPLETE SMALL BUSINESS GUIDEBOOK (Three Rivers Press). The process of...
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Need a Loan? Ask the Boss
By Sarah E. Needleman Every year, business owner Jim Fab lends his 25 employees as much as $4,000 interest-free for personal...
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Commercial Deals Abound but Loans Are Scarce
By Emily Maltby Real-estate prices are enticingly low in many areas of the country, prompting business owners to pursue...
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AIG forges ahead with plan to accelerate bonuses
 -More- 
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Study: Some homeowners mull mortgage default even if they can pay
Homeowners are most likely to begin contemplating walking away from a mortgage when a house's value falls 75% below the value -More-  Live...
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Study: Consumers buck conventional wisdom with debt payments
Consumers were more likely to pay their credit card bills than their mortgage in the third quarter, according to a TransUnion -More- 
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Treasury considers changing mortgage-modification test
The Treasury Department is looking into altering its "net present value" test, which is used to determine whether modifying a -More- 
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Realtors' pending home sales index up 1% in December
The number of houses put under contract but not yet sold in December was up 1% from the previous month's figure, the National -More- 
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A closer look at common XBRL missteps
Companies made a wide variety of errors in eXtensible Business Reporting Language (XBRL) submissions during the Securities an -More- 
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IRS clarifies 2010 gift tax treatment of transfers in trust
The IRS has issued a notice, clarifying that gift tax can apply to transfers of property to a wholly owned grantor trust desp -More-...
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Obama tax hikes would affect companies, wealthy taxpayers
Big companies face bigger taxes under President Barack Obama's proposed $3.834 trillion budget.  -More- 
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Companies increasingly rely on data analytics to boost results
A new generation of executives is showing that they're more comfortable with data collection and analytics to improve busines -More- 
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Mignon McLaughlin, American author and journalist
Don't be yourself -- be someone a little nicer. -More- 
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Provide help to Haiti through AICPA's CPAs in Support of America Fund
CPAs have an extraordinary commitment to the public interest.  -More- 
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Read interview with chairman of new blue-ribbon panel on private company reporting
The AICPA, the Financial Accounting Foundation (FAF) and the National Association of State Boards of Accountancy recently ann -More- 
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Sen. Dodd says White House proposal complicates regulatory reform
Senate banking committee Chairman Christopher Dodd, D-Conn., said he was in favor of the idea of limiting proprietary trading -More- 
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Darling warns that Obama's proposal could undermine global reform
U.K.  -More- 
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Republican senators are confident they can reshape Obama's proposal
Last week, political dynamics changed when Democrats lost a Massachusetts Senate seat.  -More- 
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Investors ponder how much stimulus efforts have helped stocks
 -More- 
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Concern about recovery, politics sends jitters through market
Traders are discussing the possibility that a market correction might be coming as investors become increasingly concerned ab -More- 
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Haiti earthquake designated "qualified disaster" for tax purposes; president signs Haiti deductions bill
The IRS has issued a notice designating the recent Haiti earthquake as a "qualified disaster" for federal tax purposes.  -More- 
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SEC recruits professor who warned derivatives could be a problem
 -More-  SEC Quarterly Update Webcast Series – Q1 2010 March 2010: In this information-packed webcast series, you will get "plugged-in" to...
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IFRS for SMEs to be used by 35 countries within three years
Developing and emerging nations are calling for the adoption of international accounting standards for small businesses, acco -More- 
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Experts are divided on U.S. shutdown of mortgage-market support
In two months, the U.S.
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Questioning the low mortgage default rate
While the foreclosure rate has risen steadily, the mortgage default rate has remained relatively low, Richard H.  -More- 
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White House ramps up efforts to get Bernanke confirmed
The Obama administration is pushing to get the Senate votes needed to confirm Ben Bernanke for a second term as chairman of t -More- 
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Group issues guidelines on public-sector accounting issues
The International Public Sector Accounting Standards Board issued new guidelines on accounting and disclosure rules of financ -More- 
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Benjamin Franklin, inventor, statesman
Employ thy time well if thou meanest to gain leisure. -More- 
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How recent changes to rules on disclosure of taxpayer information affect tax practitioners
The AICPA Tax area's Tom Ochsenschlager, CPA, and Ed Karl, CPA, discuss recent rulings and regulations on disclosure of taxpa -More- 
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Supreme Court ruling dramatically alters campaign-finance rules
A Supreme Court ruling issued Thursday would allow companies to spend unlimited amounts of money on political campaigns.  -More- 
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Tax season begins with IRS opening e-filing for 2009 returns
On Friday, the Internal Revenue Service started accepting e-filed 2009 tax returns, kicking off tax season.  -More- 
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IRS releases 2010 maximum vehicle values under rules for employee personal use
The Internal Revenue Service has released the 2010 maximum allowable values under the cents-per-mile and fleet-average valuat -More- 
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Recent tax developments affect corporations, shareholders
As tax season gets under way, practitioners should be aware of a number of 2009 developments affecting corporations and their -More- 
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How to attract aspiring CPAs
Kimberly Ellison-Taylor, CPA, who leads Oracle's Health and Human Services Practice, discusses what accountants need to do to -More- 
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Bernanke asks GAO to audit Fed's actions on AIG rescue
Responding to charges that the Federal Reserve tried to hide details of the U.S.  -More- 
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Fed may have overpaid on AIG settlements:
French banks received 100 cents on the dollar in a November 2008 deal with the Federal Reserve to settle trades with American -More-  The...
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Survey: Investors are the most bullish since before credit crisis
The most recent Bank of America Merrill Lynch survey of fund managers shows that investors' risk appetite is growing.  -More-
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Analysis: U.S. is increasingly locked into long-term unemployment
There seems to be little hope of escape from a truly jobless recovery, given the dismal rate of job creation in the country,  -More- 
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Economist predicts modest home-building recovery in 2010
David Crowe, chief economist for the National Association of Home Builders, is predicting a recovery for the sector in 2010,  -More-
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IRS releases 2010 maximum vehicle values under rules for employee personal use
The Internal Revenue Service has released the 2010 maximum allowable values under the cents-per-mile and fleet-average valuat -More-
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Brown's win puts spin on financial regulatory revamp
Massachusetts voters elected Republican Scott Brown to the Senate, adding pressure on Democrats to approve legislation to ove -More- 
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Sen. Reid might push for vote on Bernanke's confirmation
Senate aides said Majority Leader Harry Reid, D-Nev., could clear the way for a Senate vote on Ben Bernanke's confirmation fo -More- 
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Roth IRA conversion resources provided by AICPA PFP section
The AICPA Personal Financial Planning Section has the resources CPAs need to ensure that clients turn to them when considerin -More- 
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IASC Foundation publishes free training material for IFRS for small and medium entities
The International Accounting Standards Committee Foundation has published the first of its comprehensive set of training mate -More- 
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Styx, American rock band, from "The Grand Illusion"
So if you think your life is complete confusion because your neighbor's got it made, just remember that it's a grand illusion -More- 
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For Many Entrepreneurs, Running the Show is Stressful
By Colleen DeBaise Adapted from THE WALL STREET JOURNAL COMPLETE SMALL BUSINESS GUIDEBOOK (Three Rivers Press). Running a business...
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IRS will wait for legislation to tax employer-provided cell phones
The Internal Revenue Service shelved a proposal for new rules on taxing employer-provided cell phones.  -More- 
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Studies suggest stimulus largely bypassed minority-owned companies
Advocates of women- and minority-owned small businesses are releasing the first studies that track the flow of federal stimul -More- 
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Obama defends plan to charge banks a fee to recoup TARP funds
President Barack Obama this weekend defended his proposal to subject as many as 50 financial institutions to a levy to recoup -More- 
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Credit card delinquency rates decline, but charge-offs remain high
Although delinquency rates are slowing down, losses related to souring credit card loans are still high.  -More-
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How CPAs should prepare to serve aging clients
When a client begins to suffer from diminished mental capacity, it can interfere with the CPA/client relationship.  -More- 
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CPAs in government alerted to ways to combat fraud, waste and abuse
Governments and all types of businesses have to be proactive to combat fraud, waste and abuse.  -More- 
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Weather derivatives offer security to wide range of businesses
Weather dependent industries -- which make up a thrid of all business in the U.S., according to the Commerce Department -- ar -More-...
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U.S. families feel pinch as inflation rises, wages fall
Inflation-adjusted weekly wages in the U.S. declined 1.6% last year, the largest drop since 1990.  -More-
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Filing season essentials for CPAs to know
Tax season is just around the corner, and 2009 featured a number of important changes affecting individuals' tax returns.  -More- 
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Investment in European commercial real estate rebounds
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G-7 finance officials will meet at Arctic outpost next month
Canadian Finance Minister Jim Flaherty will host finance chiefs and central bankers from the Group of Seven nations Feb.  -More- 
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FASB seeking nominations for Not-for-Profit Advisory Committee
In October 2009, the Financial Accounting Standards Board established the Not-for-Profit Advisory Committee to serve as a sta -More- 
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Why Roth IRA conversions are attractive in 2010
Removal of the adjusted gross income limit and the ability to defer taxes make converting a traditional IRA to a Roth IRA esp -More- 
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Fed likely will maintain policy as economic recovery continues
Federal Reserve officials will meet Jan. 26 and 27 to discuss the economic recovery and their policy.  -More- 
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Seven tips for seeking a private letter ruling
Applying to the IRS for a private letter ruling (PLR) can provide greater clarity concerning a transaction or relief for a di -More- 
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Analysts: Banks will work through proposed tax:
Bankers and analysts interviewed for this article say a tax on big banks proposed by the Obama administration is unlikely to  -More- 
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Martin Luther King Jr., U.S. civil rights leader
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SEC OKs new standard on concurring review quality
A new Securities and Exchange Commission auditing standard is aimed at strengthening rules for concurring reviews of auditing -More- 
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Tax season begins with IRS opening e-filing for 2009 returns
On Friday, the Internal Revenue Service started accepting e-filed 2009 tax returns, kicking off tax season.  -More-  IFRS Quarterly Webcast...
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Free resources for CPAs involved with disaster recovery
When disaster strikes, such as the recent earthquake in Haiti, CPAs may be looked to for assistance to those in need.  -More- 
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FDIC's Bair says regulatory moves contributed to crisis
Sheila Bair, chairman of the Federal Deposit Insurance Corp., told the Financial Crisis Inquiry Commission that the Federal R -More-  2009...
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CBO expects 8%-plus unemployment in U.S. until 2012
Without further action by Congress to stimulate hiring, the U.S.  -More- 
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Analysis: Govt. view too narrow in portraying fiscal crisis as "cheap"
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BofA's Krawcheck: Survey shows affluent people are more optimistic
Sallie Krawcheck, president of global wealth and investment management at Bank of America, said there were a few surprises in -More- 
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Unions agree to revised tax on high-cost health insurance
Labor leaders, the Obama administration and Democratic leaders in Congress said they have arrived at a compromise over a prop -More- 
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Analysis shows many on Wall Street will see record payday
A Wall Street Journal analysis found that executives, investment bankers, traders, money managers and other employees at 38 o -More- 
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Are you ready for XBRL?
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Bernanke tells lawmakers that Fed must retain regulatory powers
Overseeing financial institutions helps the Federal Reserve set monetary policy and will help it withdraw stimulus support fo -More- 
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AICPA chairman: Get involved and start young
In his January Chair's Corner column, AICPA Chairman Robert R.  -More- 
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Low retail sales, higher jobless claims threaten recovery
The economic recovery may be threatened once government support dries up, as evidenced by unexpectedly low December retail sa -More- 
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The King of the Streets Moves Indoors
By Katy McLaughlin Los Angeles Chef Roy Choi is standing in front of the restaurant space he closed on a day...
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Firms Reflect and Look Ahead
By Emily Maltby The holiday season is typically a time for rest and reflection. But it is also a boon for small-business...
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Niche Clothiers' Ranks Shrink
By Douglas Belkin CHICAGO -- There was a time Gary Anders would approach short men wearing sport coats hanging to their knees and hand...
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Boring Meetings? Get Out the Water Guns
By Emily Maltby Heather Logrippo says her employees didn't seem too enthusiastic at first when she handed out construction paper and...
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Small Business Economic Indicators
By Diana Ransom When you're a small-business owner, issues like whether you can afford to give your assistant manager a...
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How I …Retooled My Great-Grandad's Hardware Shop
By Grace L. Williams Who: Brett and Derek Satterfield What: HardToFindItems.com, a Web site that sells unique or unusual items Where...
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Mogul Applied Franchising to Real Estate
By Stephen Miller Art Bartlett wasn't the first to apply to home sales a franchise model more often associated with selling hamburgers,...
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More Workers Set Up Shop at Home
By Colleen DeBaise Adapted from THE WALL STREET JOURNAL COMPLETE SMALL BUSINESS GUIDEBOOK (Three Rivers Press). So maybe 2010 will...
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Firms Fight Banks Over Frozen Notes
By Liz Rappaport Hundreds of businesses are fighting to recover billions of dollars tied up in frozen auction-rate securities, a year...
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Chrysler Dealers Fight Closings
By Emily Maltby In May, Randy Painter and his nine siblings were taken aback to learn their 65-year-old family business—two...
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Businesses Seek Revisions to Health Bill
By Neil King Jr. WASHINGTON -- Businesses are set to push for modifications to the Senate-approved health bill, while urging lawmakers...
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Ditching the Courtroom for California Pizza Kitchen
By Colleen DeBaise In 1985, after a grueling trial ended in a hung jury, criminal-defense lawyers Larry Flax and Rick...
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Limiting BlackBerry Interference on Vacation
By Colleen DeBaise Adapted from the upcoming book THE WALL STREET JOURNAL COMPLETE SMALL BUSINESS GUIDEBOOK (Three Rivers Press, Dec....
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With Scant Jobs, Grads Make Their Own
By Toddi Gutner Andrew Levine knew he wouldn't find a job in investment banking when he graduated with an M.B.A. from the...
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A Fir-Trader Family Reunites
By Kevin Helliker Last spring, John Brussock quit a corporate job to launch a start-up called DeliverMyChristmasTree.Com to...
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Three Best Ways to Sell Excess Holiday Merchandise
By Willa Plank What happens when your sweaters or electronics aren't sold before the Christmas holiday? Instead of...
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Start-Ups Set to Get Cash in '10
By Pui-Wing Tam After a dismal 2009, venture capitalists are preparing to ramp up their investments, injecting much-needed...
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Community Bankers Meet With Obama
By Damian Paletta WASHINGTON—Community bankers got their first exclusive meeting Tuesday with President Barack Obama amid an...
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How to Resolve the Morale Issue at Work
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Effective Ways to be a Master Networker
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Seeking Alpha --- and Users: 6 New Financial Web Sites
By Diana Ransom What comes after the fall?As the still-feeble U.S. economy stumbles to its feet, some entrepreneurs are...
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Cash Prizes for Good Ideas
By Teri Evans When Andrew Schuman bought Hammond's Candies in 2007, the nearly 90-year-old candy company was operating in...
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Stimulus Relief Extended for SBA Loans
By Emily Maltby The Senate voted this weekend to temporarily extend funding for two popular stimulus provisions that reduced...
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Another Chance for Small Business Loans?
By Diana Ransom When President Barack Obama met with banking CEOs earlier this week, he urged them to "take a third and...
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Entrepreneurs Struggle With Estate Tax
By Emily Maltby Whatever the outcome of the federal estate-tax debate in Congress, many family-owned businesses likely will...
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Small Business Credit Cards Now Carry Sizeable Risk
By Aleksandra Todorova Shortly after Byron Hebert started his business, Daytona Limos, in 2007, he applied for and received...
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Three Best Ways to Use Social Media
By Willa Plank How else can we say it: Unless you've been living under a rock, you've probably heard of Twitter, Facebook...
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Small Firms Yield to Energy Giants
By Ben Casselman Exxon Mobil Corp.'s acquisition of XTO Energy Inc. is the latest sign of a changing of the guard in the U.S. oil patch...
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DOE Becomes Venture Capital Force
By Neil King Jr. When tiny Fisker Automotive Inc. hit a financing glitch last year, threatening its plan to build a fancy...
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Gas Stations Fume Over New Practice
By Richard Gibson Big Oil is having trouble with some of its little guys.Dozens of gas-station dealers are lodging...
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Five Year-End Tax Strategies for Small Businesses
By Bill Bischoff Attention, small-business owners: it's not too late to make some smart moves and slash your business' 2009...
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Three Best Ways to Build an iPhone App
By Riva Richmond If you've got regular customers with shiny new smartphones, then building a mobile application might be...
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White House Jobs Proposal Draws Weak Praise
By Diana Ransom President Barack Obama's latest plan to spur job growth among small businesses is drawing lukewarm praise...
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Firms Aren't Sold on Jobs Tax Credit
By Gary Fields and Kris Maher An Obama administration plan to give small-business owners tax credits to hire new employees likely won't...
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Car Dealers Seek Reprieve
By Emily Maltby Congress may give relief soon to car dealers who lost franchises as part of the government-funded bankruptcy...
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Apps Created for Small Business
By Riva Richmond Barbara Heinrich says she isn't computer-savvy, but last month the owner of Local Motion, a clothing...
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Uptick Catches Entrepreneurs by Surprise
By Emily Maltby Blake White anticipated that his order-fulfillment company would ride out the recession by streamlining operations and...
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Five Tips for Amazing Webinars and Web Meetings
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Three Benefits of Hiring Someone Overqualified
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Is Your Sales Team Creating Real Differentiation?
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Tepid Times for Seasonal Shops
By Diana Ransom Back in January, Bill Quinn thought he was being prudent when he decided to stock his online imitation tree...
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Understanding Internal Control and Internal Control Services
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AICPA Files Suit After Enforcement Delays of 'Red Flags' Rule
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Goldman, Buffett Aid Small Business
Goldman Sachs said it is launching a $500 million small-business assistance program that includes an advisory panel with billionaire...
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Strategic Planning: How to Create Marketplace Strategies That Actually Get Results
(Business Edge, October 2009) Research shows very few companies actually know how to create an effective strategic plan and successfully...
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Dispel Those Publicity Myths: Get Your Business the Attention It Deserves
(Business Edge, October 2009) Every business needs a cost-effective way to keep its name, products, or services in front of prospects and...
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Small Businesses Could Face New Credit Squeeze
Business owners could face a new credit squeeze as early as next month, as two popular stimulus provisions expire before Obama's small-...
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Entrepreneurs Get Creative for Funding
With venture capital scarce, small-business owners find alternative financing.
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The Double Whammy of Bankruptcies
Bankruptcy is an ordeal for executives at any business. But entrepreneurs' personal assets are in jeopardy along with their business.
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Can You Afford to Hire?
If the recent jobs report is any indication, the economy may be on its way up. But before you start hiring new workers, run the numbers to...
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Starting on a Shoestring
It’s tougher than ever for would-be entrepreneurs to raise capital. Luckily, it’s also getting much easier to start a company on a small...
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Innovative Ways to Reel in Cash
As the credit crunch makes raising financing more difficult, small business owners finding creative ways of raising extra cash.
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Funding Your Social Venture
It's tough for any business to find funding. But social ventures can tap unique sources.
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