The Latest

A task force that has been investigating the budget crisis affecting many states across the country is calling for major changes in the ways that states handle their budgeting and financial reporting.

The Association for Accounting Marketing has named a new CEO, Jayla Boire, a marketing consultant, to run the organization after a long search process.

Cloud accounting provider FreshBooks has partnered with cloud payroll service ZenPayroll, aiming at providing a joint service to small business owners and sole proprietors.

Abrams Little-Gill Loberfeld PC has acquired the accounting and tax practice of Andrew M. Freedman, CPA.

Wipfli LLP has added the Chicago-based practice Regulatory Compliance Associates Inc., to its roster.

H. Ty Warner, the billionaire creator of Beanie Babies plush toys, avoided a prison sentence for hiding income from U.S. tax collectors in a Swiss bank account.

Business intelligence company iLumen announced that is offering free accountant access to its Client Diagnostic Report from now until June.

Ready or not, a new year is upon us. So, how did you do in 2013? Were you successful in your career? Your personal life? Or professional development?

The former secretary to Imelda Marcos, the one-time First Lady of the Philippines, has been sentenced to serve between two and six years in prison for tax evasion and ordered to pay the State of New York $3.5 million in taxes after she was accused of stealing and illegally selling a painting by the French Impressionist master Claude Monet for $28 million.

A New York City tax preparer has been convicted of stealing tax refunds using stolen identities and adding false dependents to his clients’ tax returns.