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High net worth individuals have increasingly been putting their money into donor-advised funds, a form of charitable giving in which the fund is managed by the charity on behalf of the individual or their family.

Many small and midsize online retailers are worried about the impact on their profitability if federal legislation is approved that would require them to collect sales taxes from customers, according to a new survey.

The Internal Revenue Service needs to take additional steps to improve security at some of its facilities, according to a new report that found an increase in threats to IRS employees in recent years.

The National Association of State Boards of Accountancy has appointed a new chairman and board of directors for 2013-2014.

The Private Company Council has voted to finalize an alternative standard for private companies to use when applying variable interest entity guidance to common control leasing arrangements.

Nonprofit accounting software maker Blackbaud Inc. has named Michael Gianoni president and chief executive officer, effective January 13, 2014, replacing interim president Anthony Boor.

U.S. and French officials signed an intergovernmental agreement Thursday to advance the implementation of the Foreign Accounting Tax Compliance Act.

John Dailey, a partner at Bowman & Co., was recently elected Northeast Regional Director of the National Association of State Boards of Accountancy.

The head of the Internal Revenue Service’s small business unit said his division expects to move from focusing on audits of small corporations to partnerships.

The Internal Revenue Service has admitted to mistakenly assessing penalties on businesses that had requested extensions on filing the Form 5500 for their employee retirement plans.