The Latest

The Internal Revenue Service did not always follow its own internal procedures for undelivered tax lien notices, according to a new government report.

Raoul Weil, once the head of UBS AG’s global wealth-management business, didn’t know that “rogue” underlings were helping Americans evade taxes, his lawyer told jurors at the start of a trial in Florida.

The IFRS Foundation has launched eIFRS Professional, a new way for accountants to access information online about International Financial Reporting Standards.

AbbVie Inc. may scrap or renegotiate its planned 32.4-billion-pound ($51.5 billion) deal for Dublin-based drugmaker Shire Plc, in what would be the biggest casualty of the U.S. crackdown on so-called tax inversions.

Jose Vila has joined Cherry Bekaert LLP as an audit partner in the firm’s South Florida practice.

Joining the ranks of colleges to explore more options in offering accounting degrees, Northern State University, in Aberdeen, S.D., will offer two accounting degrees starting this Fall.

After a slight dip in September, the Accountants Confidence Index continued its downward trajectory, with both the short- and the mid-term measures declining, and short-term expectations dropping into contractionary territory.

BDO USA LLP said Tuesday that Matthew Becker, Stephanie Giammarco and Christopher Orella have each been elected to three-year terms on the firm’s board of directors.

Deloitte’s digital unit has expanded CloudMix, a pre-configured, pre-integrated system that ties together several cloud technology products, by including software from Dell, Apttus, DocuSign and Box in the new version, CloudMix 2.0.

Ireland’s government will phase out a tax shelter used by U.S. companies from Google Inc. to LinkedIn Corp., amid mounting pressure from international authorities.