The Peer Review Board of the American Institute of CPAs has issued an exposure draft on peer review changes that it says will enhance review of firms' quality control systems. It will also supplement and clarify guidance, the board says. The draft is open for comment through January 31.

Tax software vendor TaxAct has opened TaxAct ProAdvance, an online resource center for professional tax return preparers. The company describes the site as a "one-stop shop for a multitude of resources from best-in-class product and service providers." Vendors featured include Biz2Credit and SurePayroll and HD Vest Investment Services, the latter purchased recently by TaxAct's parent, Blucora.

A man who operated Liberty Tax Service franchise stores in Detroit, Mich., and Chicago, Ill., has been prohibited from working as a return preparer and from owning, operating of profiting from such businesses. The Internal Revenue Service says Syed N. Ahmed, who operated at least 10 Liberty locations, cheated the government out of $2.8 million.