Below please find daily updates pertaining to the latest in financial, business, and tax news:

Breaker 1-9: Highway Use Tax Returns Due September 2

Fri Aug 22 14:12:47 PDT 2014

The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more, which generally includes trucks, truck tractors, and buses. The Labor Day holiday pushed the due date for Form 2290 back two days....

Editor's Picks: Sales Tax Holidays; Accounting with Your Shirt Buttoned Down; A Devalued CPA

Fri Aug 22 12:34:38 PDT 2014

There's no links like our links.AWEB Forums Sales-Tax Holidays: Good or Bad?Going Concern The Monthly Close: Accounting with Your Shirt Buttoned Down...

Koskinen Places Blame for Long IRS Wait Times on Congress

Fri Aug 22 11:38:57 PDT 2014

During a speech at the National Society of Accountants' Annual Meeting on Thursday, the head of the IRS said wait times for phone service will increase through the rest of the year because of a lack of staff due to the agency's budget being slashed....

Can Project Management Be Poetic?

Fri Aug 22 08:44:58 PDT 2014

We're not sure if financial project management advice lends itself to poetry, but here's an attempt. Please enjoy this collection of project management verses with our compliments....

Bramwell?s Lunch Beat: Meet the Treasury?s Inversions Point Man

Fri Aug 22 08:28:50 PDT 2014

The menu for August 22 features specials on PCAOB?s struggles with conflicts in audits, settlement forces Bank of America to set aside borrower tax relief, one accountant?s daily routine, and more....

Study Highlights Corporate Compliance Issues

Fri Aug 22 04:18:04 PDT 2014

Regulatory compliance, risk management and cost-cutting are the big heartburn issues for finance execs in the C-suite. Yet financial planning and analysis?a key antacid?is insufficient....

FASB Share-Based Payment Rule Gets Mostly Positive Review

Thu Aug 21 14:01:13 PDT 2014

However, private company stakeholders told a Financial Accounting Foundation review team that the 2004 accounting standard is sometimes difficult to understand and is costly to apply....

New SEC Initiative Examines Municipal Advisor Compliance

Thu Aug 21 10:16:04 PDT 2014

Launched earlier this week, the examination initiative will enable the SEC Office of Compliance Inspections and Examinations to evaluate whether municipal advisors are complying with new agency rules that went into effect on July 1....

FASB Gets into the Cloud Game

Thu Aug 21 09:19:51 PDT 2014

GAAP addresses accounting principles for cloud service providers, but there is no specific guidance for a customer's accounting of fees paid to the provider. Proposed guidance would change that....

Bramwell?s Lunch Beat: Quite the Guarantee Offered to Davenport University Accounting Students

Thu Aug 21 09:03:57 PDT 2014

The menu for August 21 features specials on ALS Ice Bucket Challenge charitable donations, Bank of America settles, Rep. Paul Ryan backs cut to mortgage tax break, and more....

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