The Latest

Internal Revenue Service Commissioner John Koskinen testified before the House Ways and Means Oversight Subcommittee on Wednesday about the 2014 tax filing season and other matters, including problems with administering the Earned Income Tax Credit and oversight of tax preparers.

California Society of CPAs CEO Loretta Doon, Missouri Society of CPAs president and CEO Jim O'Hallaron and South Carolina Association of CPAs CEO Erin Hardwick Pate discuss the work of the CPA Society Executives Association with Accounting Today editor-in-chief Daniel Hood.

There are a number of due dates that don’t apply to all taxpayers, but are easily missed when they do apply and will subject the taxpayer to harsh penalties if they overlook them.

The Public Company Accounting Oversight Board has issued a supplemental request for comments on its proposal to reorganize the existing PCAOB auditing standards, while also providing an online demonstration of the proposed reorganization, presenting the existing auditing standards as they would look if reorganized according to the proposed framework.

Creative Signals, a digital marketing company, has created a new infographic entitled “Accounting Tools for the Digital Age, “ describing various types of accounting software, cloud-based services and devices used by accounting professionals.

The Public Company Accounting Oversight Board has announced settled disciplinary orders against two audit firms and four individuals for violating federal securities laws, including one case of fraud, and violating PCAOB rules and auditing standards relating to auditor independence, quality control and audit documentation.

Continuity Software announced the launch of AvailabilityGuard software version 6.3 (v6.3).

The Tax & Accounting business of Thomson Reuters kicked off its seventh annual series of Partner Summits series Wednesday in Minneapolis.

Open Systems announced additional functionality in its TRAVERSE Advanced Warehouse Management Solution.

Xpitax announced a custom solution for members of the Professional Association of Small Business Accountants.