The Latest

The watchdog group Citizens for Ethics and Responsibility in Washington had a big surprise during a conference call with reporters Tuesday to announce the latest complaint CREW had filed with the Internal Revenue Service: the subject of the complaint joined the call and defended himself.

Northeast accounting and consulting firm Citrin Cooperman announced the 10 students recently awarded scholarships totaling $40,000 as part of the firm’s 9th Annual High School Accounting/Business Student Grant Program.

To address the market demand for training in Extensible Business Reporting Language, or XBRL, the American Institute of CPAs and XBRL US, the nonprofit consortium for XBRL business reporting standards in the U.S., have introduced an XBRL US GAAP Certificate Program.

The New York State Department of Taxation and Finance outsourced the responsibility of refunding money to a new contractor this year and many taxpayers who filed paper-based returns still have not received their refunds.

Weyrich, Cronin & Sorra has added Michael D. Sisk & Co., to its firm.

The Texas Society of CPAs unveiled a Responsibility of Individuals Project at its Annual Meeting of Members last week in Las Vegas.

The Internal Revenue Service budget would be cut by 24 percent under a House Republican proposal that would create new restrictions on the tax agency.

Jeff Harjo has joined Hogan Taylor as partner and will lead the firm’s financial institution practice.

Only 14 percent of capital markets executives at leading investment banks believe the JOBS Act is having a positive impact on increasing the number of IPOs on U.S. exchanges, according to a new survey by BDO USA.

The late actor James Gandolfini’s untimely death last month at the age of 51 has apparently left his family facing a heavy estate tax bill, according to experts.