The Latest

The U.S. Senate sent a $42 billion package of tax incentives to President Obama for his signature, reviving dozens of lapsed breaks for 2014 and setting them to expire two weeks from tomorrow.

Kim Hogan describes Intuit's recent announcements about QuickBooks Accountant and other QuickBooks products and services, in an interview with AccountingToday.com's Michael Cohn at Accounting Today's Growth & Profitability Summit in Boca Raton, Fla.

The shakeup at the top of American Realty Capital Properties Inc. has left a void in leadership as the landlord tries to recover from accounting errors, leaving investors with more questions about the company’s future.

The Internal Revenue Service received fewer phone calls from taxpayers this year than in recent years, according to a new government report, but the percentage of callers seeking help who received it remained low while wait times remained high compared to prior years.

With the holidays upon us, many firms and businesses are feeling charitable and giving what they can in the spirit of the season. One such organization, Legacy Professionals LLP, has implemented "Wear-It-Wednesdays" this year, in which staff can pay $5 each to wear jeans to the office, with collected donations put into the “Employees of Legacy Making a Difference Fund.” The money is then put towards local organizations nominated by Legacy's staff.

More businesses are operating on the cloud than two years ago, with more transformational motivation on both the employee and client side, according to a new report from KPMG.

When I was starting out I read a number of books by master salesman Elmer Wheeler, who said, among many other things, “Sell the sizzle, not the steak.” This left me with thoughts of always telling clients, or whoever I interacted with, about the value and benefits of dealing with me while de-emphasizing the cost.

U.S. regulators and Chinese affiliates of the four largest accounting firms said they can probably reach an agreement within a few months to end a standoff over access to audit documents belonging to the firms’ clients.

Xero released an updated accounting dashboard with new look and feel and new automated features.

Payroll service provider Paychex has highlighted five key tax provisions that small business owners should evaluate before the end of the calendar year that could benefit their businesses.