The Latest

A group of Google investors is expected to push for a shareholder resolution at the search giant’s annual general meeting Wednesday in Mountain View, Calif., to pay more than $2 billion in taxes worldwide.

A majority of accounting and finance executives in the U.S. and Canada are anticipating that their companies’ compliance burden will increase in the years ahead, though less than half expect the cost of compliance to grow.

NetSuite introduced a next-generation services resource planning solution that combines ERP and professional services automation.

Netsuite announced a new user interface and a next-generation B2B Customer Center built on the company’s SuiteCommerce platform.

The quantity of financial restatements from public companies has leveled off in the past four years and the severity of those restatements has remained low, according to a new report from the research firm Audit Analytics, but restatements have increased from accelerated filers for the third straight year.

Ninety percent of tax and finance executives of companies headquartered in the United States anticipate already heightened tax risks to accelerate in the next two years, compared to executives with 81 percent of companies globally who anticipate increased risk, according to a new survey by Ernst & Young.

The Internal Revenue Service allowed an estimated $13.3 billion to $15.6 billion to be paid in improper claims for the Earned Income Tax Credit last fiscal year, or about 22 to 26 percent of all EITC payments, according to a new government report, which found the IRS continuing to be noncompliant with a 2010 law that sought to limit improper payments.

The Internal Revenue Service has declined to file a petition with the Supreme Court to appeal a series of rulings invalidating its effort to require mandatory testing and continuing education of tax preparers.

The Indiana congressional delegation has sent a letter to Internal Revenue Service Commissioner John Koskinen asking for an investigation into reports that hundreds of Indiana doctors and health care professionals have been victimized by identity theft.

The three founders of the enterprise resource planning and accounting software company Lawson Software have agreed to pay $5.8 million to settle charges with the Securities and Exchange Company that they engaged in insider trading ahead of the sale of the company.