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Accounting software provider Cougar Mountain Software has released a new version of their accounting system, Denali 4.0 Genius Edition.

Beyond opening a lemonade stand, many tax preparers who haven’t yet grown their business into a full-service accounting practice are used to seeing their income dry up during the hot summer months.

The Internal Revenue Service has released the spring 2014 edition of its quarterly Statistics of Income Bulletin, with statistics up through 2011 indicating there are still people who earn over $200,000 a year who pay no federal income taxes, although the number of them has been decreasing.

The majority of CPA business executives are optimistic about prospects for the U.S. economy in the coming year, according to a new survey by the American Institute of CPAs.

Through the years there have always been subtle changes for managing partners and CEOs, and their reporting partners and managers, in the functions and activities of managing the firm or company.

American Citizens Abroad has created a U.S. Tax Return Preparers Directory that focuses on tax preparers who have experience with the international tax issues faced by U.S. expatriates.

Thomson Reuters has released a special report on the newly issued accounting standard on revenue recognition from the Financial Accounting Standards Board and the International Accounting Standards Board.

Organizations around the world lose an estimated 5 percent of their annual revenues to occupational fraud, for a total more than $3.5 trillion, according to the Association of Certified Fraud Examiners.

Employers added 179,000 jobs in the private sector in May, according to payroll giant ADP, although the pace of job growth slowed somewhat from April.

In an annual review, only two IRS violations of Fair Tax Collection Practices were discovered, according to a recent report.