The Latest

Developing accountability in your staff is simple, consultant John Spence told a gathering of accountants here -- but that doesn’t mean it’s easy.

Amid continuing gridlock in Congress that has held up agreement between Democrats and Republicans on tax reform, the leaders of the Senate Finance Committee outlined a series of hearings this summer aimed at moving forward on the effort.

More than 70 percent of Fortune 500 companies booked their profits to offshore tax havens in 2013, with just 30 companies accounting for 62 percent of money in tax havens, according to a new report.

Christopher Cox, the former Securities and Exchange Commission chairman whose support for converging International Financial Reporting Standards with U.S. GAAP was crucial in setting up a “roadmap” for harmonizing the two sets of accounting standards, has reversed course.

A former Internal Revenue Service employee has been sentenced to four years and nine months in prison in connection with a tax fraud and identity theft scheme.

Bank Leumi Le-Israel Ltd. said it’s in advanced talks to settle a U.S. investigation into whether it helped Americans evade taxes, in a deal that two people familiar with the matter said won’t include a guilty plea.

The U.S. Supreme Court turned away a Wells Fargo & Co. unit’s bid for as much as $148 million in tax refunds, leaving intact an Internal Revenue Service victory in a corporate tax-shelter case.

BlackLine Systems CEO and founder Therese Tucker was named to the 2014 list of the “Top Women of Influence in Los Angeles."

Wolters Kluwer, CCH launched Quick Answers, a feature of IntelliConnect offering more than 2,000 answers to the questions most often researched.

Is there really a difference in the working styles of Millennials and Generation X versus Boomers? No matter where I go, it seems this is still one of the most discussed – and debated – topics for anyone working in the accounting profession.