The Latest

Ah! Creative accounting! No! Stop! There is only one way to account for activity and that is the right way.

The Internal Revenue Service is eliminating the extended weekday hours, Saturday and President’s Day availability of its e-help desk service due to budget cuts.

Business payments network Bill.com announced that its Payments for NetSuite SuiteApp achieved Built for NetSuite verification.

The Internal Revenue Service has issued newly updated procedures for changing a business’s method of accounting for income tax purposes.

Intuit released their new QuickBooks Online Self-Employed solution for freelancers and home-based entrepreneurs.

A New Orleans woman is facing multiple felony charges for a tax fraud scheme that involved filing false state income tax returns in the names of unsuspecting people, including some prison inmates, according to Louisiana authorities.

J Sainsbury Plc will appoint Ernst & Young LLP as auditor, ending a relationship with PricewaterhouseCoopers LLC dating back about two decades.

Amazon.com Inc.’s hastily reviewed tax deal with Luxembourg doesn’t comply with international accounting standards, European Union regulators said.

Wealthstream Advisors president Michael Goodman discusses how CPA financial planners can provide high-level advice on wealth management to their clients, in an interview with Accounting Today editor-in-chief Dan Hood.

The number of purchases and sales of small businesses, at an all-time high in 2013, grew even more during 2014. In addition to further showing signs of a reviving economy, this is good news for baby boomer business owners who want to retire, and for entrepreneurs who want to own their own business.