The Latest

When you need something done right -- whether it’s legal, medical or even automotive -- everyone knows that a specialist is better than a generalist.

With less than two weeks to go in tax season, the IRS has unveiled six key points about self-employment and self-employment taxes

The IRS wants nominations for its Information Reporting Program Advisory Committee, a federal advisory panel that advises the IRS on tax administration issues, and that presents an annual report to the IRS commissioner in the fall.

A recent court decision ruled that a CPA’s failure to file and pay his taxes couldn’t be used against him in an unrelated tax shelter case.

Regional Ohio CPA and consulting firm Rea & Associates has established a memorial scholarship in tribute to late principal Marcia L. Stutzman.

Tax Freedom Day -- the day when Americans will have earned enough to pay their total tax bill for the year -- won’t occur until April 18 this year, five days later than last year, according to the nonprofit think tank that compiles it. And American taxpayers will spend more in taxes in 2013 than they will on food, clothing, and housing combined.

The Financial Accounting Standards Board is proposing improvements to financial reporting about discontinued operations of major business lines or major geographic areas of operations.

QuickBooks hosting and online accounting solution provider Swizznet is now offering cloud-hosted QuickBooks Point of Sale 2013 for both single and multi-lane environments.

The Financial Accounting Standards Board has released a new implementation guide for the Extensible Business Reporting Language. This guide, the fifth in a series, focuses on modeling other comprehensive income transactions in XBRL.

Mary Schapiro, chairman of the U.S. Securities and Exchange Commission until December, joined Promontory Financial Group LLC as a managing director and chairman of the firm’s governance and markets practice.