The Latest

Restaurateur Rowen Seibel has made the gossip pages for getting socked by Diane von Furstenburg’s son and multimillion-dollar court fights he’s waging with celebrity chef Gordon Ramsay.

The Internal Revenue Service has reportedly hit reality TV star and actress NeNe Leakes with a tax lien for $824,366.01 in unpaid taxes from 2014, and she good-humoredly tweeted a photo of herself running to the IRS tax office from her hotel.

Wolters Kluwer Tax and Accounting has introduced a new user interface for CCH Accounting Research Manager, its research system for financial reporting professionals.

Although the tax positions of the two major candidates would face major hurdles before either one becomes law, interested observers have wasted no time in dissecting them, praising them or pointing out defects.

The Financial Accounting Standards Board released its long-awaited accounting standards update for not-for-profit financial reporting, albeit with scaled back ambitions to keep the standards for nonprofit organizations aligned with standards for businesses.

The Public Company Accounting Oversight Board identified deficiencies at 96 percent of the firms that audit broker-dealers, according to a new report Thursday.

Telephone scammers may target students and parents during the back-to-school season and demand payments for such non-existent taxes as the “Federal Student Tax,” the IRS has warned.

Barfield, Murphy, Shank & Smith plans to expand its footprint in Alabama by combining with Himmelwright, Huguley & Boles, a CPA firm in the Auburn-Opelika area, on January 1 next year.

T. Rowe Price Group Inc. sued Valeant Pharmaceuticals International Inc. alleging top executives used a secret network of pharmacies, deceptive pricing, reimbursement practices and accounting tricks to hide its branded drugs from generic competition and artificially inflate revenue and profit.

Becker Professional Education, subsidiary of the DeVry Education Group, announced on Thursday that Kenneth Koskay will be joining the company as senior director of Global Accounts. Koskay will lead a team of sales representatives focused on growing Becker’s Continuing Professional Education (CPE) product line.