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The U.S. sought court permission to ask Citigroup Inc. and Bank of New York Mellon Corp. for records of U.S. clients of Zuercher Kantonalbank, the biggest of Switzerland’s publicly owned regional banks, to determine whether those people evaded taxes, records show.

The Internal Revenue Service said it is sending letters in November and December to tax preparers suspected of filing inaccurate claims for the Earned Income Tax Credit.

By definition a pacesetter is not following a trend, they are setting an example and this year’s crop of Technology Pacesetters in the field of accounting-related software consulting are representative of where the profession is moving.

While I was working full-time early in my accounting career, I was also picking up clients that I did on the side, also known as moonlighting.

Smaller privately held companies are seeing a significant slowdown in their rate of sales growth, according to research from the financial information company Sageworks.

The Internal Revenue Service is reminding tax professionals that they can earn continuing professional education credits online through seminars filmed at the 2013 IRS Nationwide Tax Forums.

A new study examines the likely effects of a change in the U.S. corporate tax system from the current worldwide system to a new hybrid system similar to the territorial systems used by other developed countries and concludes that such a change would increase the repatriation of foreign earnings by U.S. multinational companies.

For the last several years, accounting firms have been merging with or acquiring their peers -- but the shopping spree is bound to come to an end as future leaders head out to create their own practices once the combined firms complete their integration, according to Boomer Consulting shareholder and COO Sandra Wiley.

Accountants must be feeling the love, or at least they potentially will, as a growing number of vendors appear to be designing more programs and products with these professionals in mind. But why now?

NetSuite Inc. has officially launched its ERP Consultant Certification Program, which is designed to offer professional services consultants an opportunity to validate their expertise in implementing, integrating and optimizing the product.