The Latest

Nearly three-quarters of accounting firms say they are thriving or growing, according to a new survey by L. Harris Partners, the fifth consecutive year that firms responding to the annual survey reported that their overall condition has improved.

Bloomberg BNA has published a new book examining the history and workings of the Public Company Accounting Oversight Board.

The Treasury Department and the Internal Revenue Service released a final package of regulations Thursday to implement the Foreign Account Tax Compliance Act and amend the regulations to align them with existing tax rules.

The U.S. Senate Permanent Subcommittee on Investigations will hold a hearing next week on a crackdown on offshore tax evasion that has stalled as prosecutors conduct criminal probes of 14 banks, including Credit Suisse Group AG.

The top Republican tax writer in Congress will release a draft plan to revamp the U.S. tax code amid political odds that are stacked against him.

Cloud-based payroll provider ZenPayroll has raised a $20 million Series A round of financing to help it expand coverage to new geographies and grow its team.

Internal Revenue Service commissioner John Koskinen said the IRS is still looking at various options after losing an appeal on its authority to regulate tax preparers, but now sees a further appeal as unlikely.

I spend a lot of time with clients and I believe I have identified the one quality that most of my successful clients have—it is obsession.

More than 90 University of Nevada accounting students recently participated in a Volunteer Income Tax Assistance program, preparing tax returns to receive credit in their Federal Tax Accounting class at UNR.

The Internal Revenue Service has released its annual “Dirty Dozen” list of tax scams, cautioning taxpayers to protect themselves against a wide range of schemes ranging from identity theft to tax return preparer fraud this tax season.