It isn’t often that accounting firms have to compete against pizza parlors, but all bets are off when it comes to softball.
The Senate Finance Committee has released its long-awaited report on the Internal Revenue Service’s treatment of political groups applying for tax-exempt status, and it includes a tantalizing reference to Bristol Palin, the daughter of former Alaska governor and vice presidential candidate Sarah Palin.
Former Internal Revenue Service commissioner Mark Everson has filed a complaint with the Federal Election Commission objecting to being left out entirely of Fox News’s Republican presidential debate.
Nonprofit organizations make accounting errors at a relatively high rate, in part because they try to avoid devoting a high percentage of their funding to administrative costs, according to a new study.
In an age of stepped-up regulation and enforcement, accountants and their clients need to know how to cope with a variety of different agencies, including the Securities and Exchange Commission and the Public Company Accounting Oversight Board.
The Internal Revenue Service’s Collection division is piloting an initiative to make early contact with employers who may be falling behind in their payroll taxes.
Seventeen states will soon offer sales tax holidays where state sales tax charges are temporarily dropped on back-to-school items and other qualifying products.
The International Public Sector Accounting Standards Board has released for comment a consultation paper on the Recognition and Measurement of Social Benefits.
The Anti-Fraud Collaboration, a joint effort of the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors, has released the third in a series of case studies examining how to identify and stop accounting fraud in an organization.
The traditional summer ritual of back-to-school shopping is turning into more of a year-round endeavor, according to new surveys by Deloitte.