The Latest

A subcommittee of the House of Representatives’ Committee on Small Business held a hearing today to discuss the value of using the cash basis of accounting in small businesses, and whether they should be required to use the accrual basis.

Dr. William "Bill" Bithoney has joined BDO USA LLP’s BDO Consulting as chief physician executive and managing director.

SaaS expense management provider Tallie has hired Julie Carman as vice president of business development.

In 2014 many of the country’s high-income earners will keep less than they pay in taxes.

Dixon Hughes Goodman recently donated 431,475 pounds of food to the communities the CPA firm serves in 11 states.

A federal appeals court has upheld a penalty assessed against the estate of a deceased man because the executor filed the return late, even though estimated taxes had been paid.

The Internal Revenue Service is being urged to modernize the process of filing amended tax returns in a new government report that estimates the IRS could be losing billions of dollars from erroneous tax refunds claimed on amended tax returns.

Financial Executives International has elected a new slate of executive officers and members of the board of directors for the fiscal year, effective July 1.

The Institute of Management Accountants and the American Accounting Association’s Management Accounting Section have released a new framework intended to broaden the scope of accounting education.

The Institute of Internal Auditors has elected PricewaterhouseCoopers partner Anton van Wyk, a native of South Africa, as chairman of the IIA’s 2014-2015 Global Board of Directors.