Government News
Senators Introduce Bill to Cut Tax Loopholes
A pair of Democratic senators who chair influential committees have introduced legislation aimed at closing a variety of tax loopholes to reduce the budget deficit. Read more »
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Congress Considers Impact of Accounting on Tax Reform
February 9, 2012The House Ways and Means Committee held a hearing on the interaction of tax and financial... Read more »
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Lawmakers Introduce Bill to Limit 1099-K ‘Overreach’
February 7, 2012A pair of Republican members of Congress have introduced a bill to prohibit the Internal Revenue... Read more »
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An Official Definition of "Fair Share"
February 6, 2012During his recent State of the Contradiction address before a joint session of Congress, the... Read more »
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SEC Appoints GAO’s Jeanette Franzel to PCAOB
February 3, 2012The Securities and Exchange Commission has named Jeanette M. Franzel, a managing director of the... Read more »
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Jobless Rate Falls to 8.3 Percent
February 3, 2012The economy created jobs at the fastest pace in nine months in January and the unemployment rate... Read more »
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Tax Extenders Become Regular Fixtures of the Tax Code
February 3, 2012Sometimes it’s possible to predict a legislative outcome by comparing opening statements and... Read more »
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Senator Introduces ‘Buffett Rule’ Tax Reform Bill
February 1, 2012Sen. Sheldon Whitehouse, D-R.I., has introduced legislation to implement President Obama’s... Read more »
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Senate Examines Tax Extenders and Tax Reform
January 31, 2012The Senate Finance Committee held a hearing Tuesday to examine the growing number of tax... Read more »
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Obama Pushes Small Business Tax Breaks
January 31, 2012President Obama encouraged Congress to act on a package of legislative proposals to expand tax... Read more »
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Lawmaker Introduces Bill to Close Newt Gingrich Medicare Tax ‘Loophole’
January 31, 2012Rep. Pete Stark, D-Calif., the ranking Democratic member of the House Ways and Means Health... Read more »
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Swiss Official Urges U.S. Tax Deal to Shield Other Banks
January 30, 2012The break-up of Switzerland's oldest bank Wegelin on Friday shows the need to settle a dispute... Read more »
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Senate Hearing Will Examine Tax Extenders Fix
January 30, 2012The Senate Finance Committee plans to hold a hearing Tuesday to discuss finding a long-term way... Read more »
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Federal Employees Owe $3.4 Billion in Taxes
January 30, 2012More than 279,000 federal employees, including members of the military, collectively owed... Read more »
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Rick Santorum Goes Home to Work on His Taxes
January 27, 2012Former Senator Rick Santorum took a break from the campaign trail on Friday and said he was going... Read more »
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FASB Chair Leslie Seidman on Convergence with IFRS
February 1, 2012
Financial Accounting Standards Board chairman Leslie Seidman provides an update on the progress FASB is making on converging U.S. GAAP with IFRS.
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SLIDE SHOW
Most Unusual Items Submitted on Employee Expense Reports
January 19, 2012
The results are bound to raise the eyebrows of any financial executive.
10 Stories That Shaped 2011
December 29, 2011
Our editors' picks for the 10 stories that shaped accounting in 2011.
