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

AccountingWEB.com - News

Making sense of health care reform

The debate just keeps on rolling and it doesn't seem to be cooling down as time goes on.  Many people have strong opinions about health care reform, and they are expressing them online, in the media, in protests at public meetings, at Congressional offices, and on street corners.  There's a lot of rhetoric out there.  But what do the plans really amount to? But here are some of the key components put forth by four of the plans that are under consideration, including the tax effects.

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Accountants and students participate in park clean-up

BAP VolunteersMore than 900 members of Beta Alpha Psi (BAP), the professional honors organization for financial information students and professionals, supported by 100 employees from Big Four firm KPMG LLP, descended on New York's Red Hook Park to undertake a massive clean-up effort, sponsored by KPMG and the KPMG Foundation.

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E-mail blunders you know you'll regret

Ever had that sinking feeling when you realize a e-mail clanger has just thudded its way into cyber space?

Everyone's sent e-mails that they've lived to regret, but we're not going to give you another list of e-mail etiquette dos and don'ts.

There's a common five-stage reaction that happens following a serious e-mail blunder:

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Val Kilmer: It?s Batman vs. the Taxman

Who will win in a showdown between Batman and the Taxman? Action star Val Kilmer  who starred in Batman Forever may have learned recently that his superpowers are no match for the IRS.   On July 15th, authorities in Bergen County, New Jersey filed a lien against Kilmer on an address in the town of Old Tappan. The property houses an office complex inhabited by accountants, appraisers, dentists, a film production company, and other professionals.

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IRS on the air: Federal tax agency embraces YouTube, iTunes

The Internal Revenue Service has announced the availability of video and audio products to provide tips for taxpayers looking for more information about 2009 tax provisions in the American Recovery and Reinvestment Act.

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