The American Institute of CPAs is asking Congress to give the Internal Revenue Service the ability to give taxpayers leeway when they miss a deadline or make an error in making an election. While section 9100 of the Internal Revenue Codes gives administrative relief for deadlines established in Treasury regulations, that does not apply to those set by law.

BenefitMall, which owns the CompuPay payroll line, has a new CFO after promoting the prior holder of that job to the position of president. The Dallas, Texas-based company says it has named Stephanie Bowman as CFO following the promotion of Scott Kirksey.

BNA Fixed Assets Web software has been updated to reflect provisions of the Tax Increase Prevention Act of 2014. Version 2015.0 incorporates the impact of the tax extender legislation, including accelerated depreciation of certain business property (bonus depreciation) and Form 4626 (alternative minimum tax)