The Latest

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.

Senator Marco Rubio, R-Fla., plans to introduce legislation that would provide a replacement for the Earned Income Tax Credit in the form of a “wage enhancement.”

Long-time Intuit PR head and global accountant engagement director Rich Walker has announced his retirement, beginning January 31, 2014.

Cloud accounting and financial software provider FinancialForce.com announced its Winter ’14 release. which features improved project management capabilities as well as an integration with sales tax and compliance automation service provider Avalara.

Seventy-six percent of nonprofit professionals surveyed at a recent CPA symposium indicated that they expect their nonprofit organizations to grow in 2014.

The head of the union representing Internal Revenue Service employees is warning about persistent underfunding of the Internal Revenue Service in the omnibus spending bill unveiled yesterday by congressional negotiators.

To celebrate their 40th anniversary, CPA firm WithumSmith+Brown has released the latest in their annual “State of the Firm,” videos, amid anticipation that has grown every year since their “I Gotta Feeling” video in 2011 went viral.

Greatland Corp. has released speedEfiler.com, online reporting software designed for small and midsized businesses and professional accountants to file W-2 and 1099 forms online, meeting filing requirements for federal, state and recipient reporting.

BDO USA LLP has expanded its middle-market presence with the addition of Business Forums International.

Yeo & Yeo and Hungerford & Co. of Southgate, Mich. have agreed to merge. The combined firm will operate under the Yeo & Yeo name and will give the firm the opportunity to extend its reach in the Southeast Michigan region.