The Latest

Contrary to its own guidelines, the Internal Revenue Service has not evaluated whether the goals of its streamlined corporate tax audit process are being achieved or if the process should be expanded, according to a new report by the Government Accountability Office.

BB&T Corp. lost a bid to recover at least $688 million in taxes and penalties as a federal judge ruled a series of transactions with Barclays Plc, aimed at generating tax credits, lacked economic substance.

Business management automation company Talygen announced that its software can now be integrated with QuickBooks, allowing users to import and export data about their clients, projects, and tasks between the two products.

This summer, I jumped on the Sage RV, which was on the road for customer meetings as part of the accounting software provider’s Sage Listens tour.

Bloomberg BNA has released its annual projections of U.S. tax rates for 2014.

WTP Advisors has merged with the forensic accounting and litigation firm, Boucher Stickley Group.

Big Four firm PricewaterhouseCoopers LLP has been hired by BlackBerry Ltd. to evaluate the struggling Canadian smartphone maker for potential buyers, according to two people with knowledge of the move.

The age-old issue of whether to deduct or capitalize just got a bit more clear.

An annual study of SEC disclosures showed that the Fortune 500 collectively believe that they have underpaid their corporate income tax by $191.7 billion, an increase of 2.2 percent from the group’s collective tax reserves last year.

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