The Latest

Congress should consolidate and simplify the types of tax-favored retirement plans now available to small business owners to minimize the cost and administrative burden imposed by the plans, the American Institute of CPAs told Congress.

Former Microsoft Dynamics channel sales executive David Warner has joined Intacct as its new channel executive, south central region.

Nonprofit accounting software maker Abila has renamed its product line to further enforce its brand name, including changing its signature fund accounting software to Abila MIP Fund Accounting.

Wayne Berson, CEO of BDO USA LLP, has been elected chairman of the Global Board of BDO International Limited. Berson will take over the role from Holger Otte, who is the CEO of BDO Germany.

Now that the October 15 filing deadline is out of the way for all those many taxpayers who had to file an extension due to the delayed tax season, there are a number of tax planning options for next year.

U.S. Senate leaders are rushing to lock up an agreement to end the fiscal impasse, stepping in after House Republicans’ last-minute plan to avert a U.S. government default collapsed.

Mastering payroll compliance continues to be a challenge that many small business owners struggle to control.

New Zealand-based cloud accounting software developer Xero has raised $150 million in a new round of funding aimed at unseating Intuit as the small business accounting software leader.

Internal auditors, external auditors, board members and financial executives disagree over who has responsibility for deterring and detecting financial statement fraud, according to a new report.

The United Kingdom’s Competition Commission has published its final report on the audit market, proposing that publicly listed companies to put their audit contracts out for bid at least every 10 years.