The Latest

As the April 15 deadline for filing taxes approaches, a federal prosecutor and the head of the IRS Criminal Investigation’s Newark Field Office are reminding taxpayers to accurately and completely fill out their returns and make sure they file them on time, while pointing out that not all tax preparers are honest.

The average individual taxpayer would have needed to shoulder an estimated $1,026 last year to make up for the revenue lost to the offshore tax havens used by corporations and the wealthy, while small businesses would have to pay an extra $3,067 to cover the cost of offshore tax breaks used by large corporations, according to a new study.

Product enhancements, partnerships, and pounding of the proverbial chest were abound over the past week -- all of this just as conference season is about to get into full swing, right after tax season of course.

A few months ago, in the dead of winter, my wife Colleen said she wanted rib-eye for dinner that Saturday.

The Securities and Exchange Commission reminded corporate filers Friday that the forthcoming release of its EDGAR financial statement database will support 2013 U.S. GAAP Taxonomy, but not the older 2011 taxonomy.

President Barack Obama’s budget proposal would cap multimillion-dollar tax-favored retirement accounts like the one held by Mitt Romney, his Republican rival in 2012.

President Barack Obama’s budget plan will incorporate deficit-cutting proposals that include changing the calculation for Social Security cost-of-living increases and tax brackets, according to a White House statement.

Many private businesses are planning to maintain their current staffing levels this year, according to accountants surveyed by financial information provider Sageworks.

Accounting services and technology consultancy Armanino has selected to move its small business outsourcing clients from their current accounting platforms to Xero, making them the largest firm thus far to do so.

The unemployment rate dipped a tenth of a percentage point to 7.6 percent in March, although hiring slowed to 88,000 jobs, the U.S. Bureau of Labor Statistics reported Friday, with 11,000 jobs added in accounting and bookkeeping services.