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Xero’s Jamie Sutherland and Intraprise TechKnowlogies’ Donny Shimamoto talk about why clients and accountants may be afraid of the cloud – and why they shouldn’t be.

CFOs are removing some of the barriers that have traditionally existed between treasury and procurement functions.

Small business employment regained momentum last month after losing some steam during the fall and early winter, and is again growing near the same pace as the end of last summer, according to a new report.

The Internal Revenue Service’s fiscal year 2015 appropriation of $10.9 billion and staffing levels of 81,279 full-time equivalent employees continue a decline that has occurred over several years and are now below fiscal year 2009 levels, according to a new government report.

The U.S. Supreme Court decided unanimously Tuesday that the Direct Marketing Association, a trade association of retailers, was not barred by the federal Tax Injunction Act from bringing a suit against the Colorado Department of Revenue attacking Colorado’s notification and reporting requirements for non-collecting retailers of sales tax.

New regulatory requirements, expanded service offerings and increasing fees have improved sales and margins for accounting professionals.

Tax services firm Ryan announced the acquisition of Second Decimal, a tax technology firm with an integrated suite of software applications.

The Internal Revenue Service has issued a notice proposing a revenue procedure that, if finalized, would provide an optional safe harbor method for individual taxpayers to determine a wagering gain or loss from certain slot machine play.

The International Forum of Independent Audit Regulators released a new report Tuesday showing continuing high levels of significant deficiencies in the audits of public companies by auditing firms around the world.

Payroll and HR technology giant ADP is offering accountants and their small-business clients free access this tax season to the ADP HR HelpDesk through April 30, 2015.