The Illinois CPA Society has named Todd Shapiro as president and CEO. Shapiro will also serve as President and CEO of the Illinois CPA Foundation, CPAs for the Public Interest as well as ex-officio board member of the CPA Endowment Fund of Illinois.

Low-end accounting software vendor FreshBooks is launching a program for accountants. CEO Mike McDerment says the membership program is “the beginning of a more intense effort to serve the profession.” Members get accounts they can use for as long as they like.

A Florida accountant has been sentenced to 80 months in federal prison for conspiracy to commit wire fraud and for corruptly endeavoring to obstruct the Internal Revenue Service. Joseph Rizzuti of Stuart, Fla., received the sentence for stealing payments that two clients had intended to be used for taxes and for his role in siphoning off investors' money for personal use for his role in scheme in which he and others stole about $3 million.