The Latest

The Illinois CPA Society announced on Monday that they have awarded $60,000 in scholarships to 31 accounting students as part of the Society’s Accounting Scholarship Program funded by the CPA Endowment Fund of Illinois.

The Internal Revenue Service has added some types of grantor trusts to the list of areas in which it does not plan to issue letter rulings or determination letters.

On Monday, the National Society of Accountants (NSA) announced a total of 39 students earning scholarships from the Society's Scholarship Foundation. Together, they will receive $45,875 in scholarship awards.

Many CFOs have trouble separating themselves from the office during their summer vacations, according to a new survey.

The Internal Revenue Service said Monday that all empowerment zone designations remained in effect through the end of 2014.

The Internal Revenue Service is reminding all taxpayers with a filing requirement for a foreign bank account report to report their foreign assets by the June 30 deadline.

A few weeks ago I wrote about being independent and not selling financial services or products to clients. Quite a few people called me to ask about “value billing” and how that fits in. Here are some comments.

The U.S. Treasury Department’s Community Development Financial Institutions Fund is awarding more than $3.5 billion in New Markets Tax Credits to 76 organizations across the country to stimulate investment and economic growth in low-income urban neighborhoods and rural communities.

Jeb Bush is getting conflicting advice from opposing wings of the Republican Party on a key economic issue: taxation.

Crowe Horwath introduced a Crowe Model Risk Manager solution that facilitates financial institutions' model risk management process.