The Latest

A former partner with Grant Thornton has pleaded guilty in a Manhattan federal court to stealing nearly $4 million in client payments.

The Internal Revenue Service has sent letters to thousands of small business owners recently, questioning whether they underpaid their taxes last year.

Open Systems Inc. has expanded to the Pacific Northwest with the purchase of longtime reseller MicroAccounting Systems Inc.

Top finance executives gave the economy its highest score in five years and were significantly more confident about economic growth in 2013 compared to last year, according to a new survey that found more of them indicated their companies are expanding globally.

CCH has enhanced its ProSystem fx Mobile app for the iPhone and iPad to include a new client dashboard, practice management, document management and workflow functions, with plans to release an Android app in the near future.

Some Internal Revenue Service employees continue to use the term “tax protester” to refer to taxpayers despite a 1998 law prohibiting the use of the designation, according to a new report from the Treasury Inspector General for Tax Administration.

Secure file sharing tool maker Lockbox has closed a $2.5 million round of financing to execute on the company's product roadmap, increase investment in sales and marketing, and expand the key sales, support, and operations staff.

Operational analysis software company Oversight Systems has released Insights On Demand, cloud-based applications designed to identify fraud, corruption, and waste in travel and expense (T&E) transactions.

Small business owners are feeling more confident even as the economy struggles to return to a more robust level of growth.

Michael Jackson’s estate challenged a tax bill calculated by the U.S. Internal Revenue Service, arguing that it overvalued assets including real estate, a Bentley automobile and the late singer’s “image and likeness.”