The Latest

The International Integrated Reporting Framework was released Monday, following a three-month global consultation led by the International Integrated Reporting Council and with more than 350 responses from around the world largely expressing support for the new corporate reporting model.

A federal court in Georgia has dismissed a case challenging the IRS’s power to charge tax practitioners for the Preparer Tax ID Numbers, or PTINs, that they are required to have to prepare taxes professionally.

While the flow of high-quality information is critical to the functioning of capital markets, many are coming to see the independent audits that vouch for that information as irrelevant, according to PCAOB Chairman James Doty.

BAASS Business Solutions Inc. has formed a strategic alliance with Southeast Computer Solutions Inc., designed primarily to aid growth in its Sage ERP X3 business.

Rap star MC Hammer took to Twitter over the weekend to deny published reports that he now owes the Internal Revenue Service roughly $800,000 in back taxes.

There may be Baby Boomers, Gen Xers, Gen Y and Millennials, and even Generation Z, yet today’s business marketplace really consists of just two sets of professionals.

The Information Technology Alliance introduced nine new members to its roster of CPA firms, consultants and vendors, which were highlighted by Intuit, online accounts payable and receivables company Bill.com, and top CPA firm Armanino.

Xero has officially released an integrated payroll offering as part of its cloud accounting platform, just months after announcing a beta version.

Sage North America has officially released Sage One Accountant Edition, an accountant-centric version of its online accounting software for small businesses and the first from the publisher designed specifically for accountants..

The IRS has issued its 2014 optional standard mileage rates to calculate deductible costs of operating an automobile for business, charitable, medical or moving purposes.