The Latest

The Senate narrowly passed a budget for the first time in four years on a mostly party line vote, calling for $975 billion in additional tax revenue over the next 10 years along with state sales tax collections on online sales.

Bowing to pressure from Congress and media outlets, the Internal Revenue Service has released a pair of campy parody videos of Star Trek and Gilligan’s Island, while admitting that the $60,000 spent to produce the videos could have been better spent.

The House Ways and Means Select Revenue Measures Subcommittee held a hearing this week to discuss possible tax reforms on financial products such as derivatives.

Large companies frequently cannot achieve their cost reduction targets because they keep focusing on the same business areas every year even if they don’t deliver the savings they once did, according to a new report from Deloitte.

The Financial Accounting Standards Board has added three new implementation guides to its series on using Extensible Business Reporting Language, or XBRL, interactive data tags in financial statements.

Ellie Baker, managing principal of New England accounting and consulting firm Baker Newman Noyes, was recently honored, along with husband Tom Saturley, with the American Heart Association’s 2013 Crystal Heart Award.

This week I've decided to give my take on the mega-con that is Microsoft Convergence 2013 as well as the company's views on being more cloudy and mobile.

The two leaders of the Senate Finance Committee, chairman Max Baucus, D-Mont., and ranking Republican member Orrin Hatch, R-Utah, have begun developing proposals for reforming the U.S. Tax Code, including giving the Internal Revenue Service the clear statutory authority to regulate tax preparers in case the IRS loses its appeal of a recent court case invalidating its Registered Tax Return Preparer regime.

A selection of the various partners and personalities we experienced at the recent Microsoft Dynamics Convergence 2013 user and partner event.

As U.S. lawmakers drafted a bill extending wind-energy tax credits in August, they revised a key clause that opens the door for a much bigger boost to the industry than just the one-year addition that was eventually passed.