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Government contractors working on the Internal Revenue Service’s main communications portal for taxpayers and tax professionals might have overbilled the agency hundreds of thousands of dollars, according to a new report.

Members of NCCPAP, the National Conference of CPA Practitioners, made their views known to congressional staff and IRS officials during meetings in Washington D.C. last week.

Ashford University in San Diego, Calif. has launched its new online master's degree in Accountancy, the University announced on Thursday. The Master of Accountancy degree program focuses on preparing students for professional careers in accounting. It was designed to develop technical knowledge while enhancing analytical, communication, and decision-making skills.

The IRS is refunding test fees to those who took the Registered Tax Return Preparer test.

The global economy is showing stronger signs of improvement in the first quarter of the year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Employers are changing their hiring patterns for accounting staff, according to one expert, increasingly looking for permanent staff or bringing in temps that they hope to convert into full-time employees.

The Financial Accounting Standards Board has released an accounting standards update that makes targeted improvements in the disclosure requirements for insurance companies that issue short-duration contracts of typically one year or less.

A phone call between a taxpayer and an Internal Revenue Service collection employee was broadcast on Howard Stern’s Sirius XM radio show when the IRS employee accidentally put himself on hold after calling into Stern’s show.

Financial executives are experiencing a steady rise in salary and benefits, thanks to the improving economy and stiffer competition for top talent, according a new survey.

Armanino LLP, the largest independent accounting and business consulting firm based in California, will hold its community outreach program, "The Great Give," by closing its offices and sending employees into their communities to volunteer this Thursday.