The Latest

The Internal Revenue Service Oversight Board has sent a letter to the leaders of Congress’s two tax-writing committees urging them to act swiftly to patch the Alternative Minimum Tax to keep it from spreading to millions more taxpayers.

Financial Accounting Standards Board chair Leslie Seidman talks with Accounting Today editor-in-chief Daniel Hood about how FASB's relationship with the International Accounting Standards Board is changing.

Paychex Inc. has enhanced BuildMyBiz.com, an online resource for entrepreneurs and small business owners that includes a number of new features that provide updated resources to entrepreneurs and give them the ability to tap into a large pool of useful information.

Anita Sherman, managing partner at Greenwalt CPAs, was presented with The Distinguished Service Award during the Indiana CPA Society CPA celebration held on Nov. 16.

The BDO network of accounting firms said Tuesday that annual revenue grew 6.11 percent worldwide for its member firms compared to last year.

Regardless of how you voted in the election, changes will be coming.

Hewlett-Packard Co. took an $8.8 billion charge citing “a willful effort to mislead investors and potential buyers” at Autonomy Corp., the software company it agreed to purchase last year for $10.3 billion.

Pepcom’s mini tech trade show last Thursday featured a host of vendors showing off their latest gadgets and software, including one with a price engine geared toward shoppers.

Two former accounting executives were convicted of helping Texas financier R. Allen Stanford hide a Ponzi scheme that bilked investors of $7 billion.

The Great recession of 2007-2010 wiped out almost 40 percent, or two decades worth, of Americans’ wealth, the Federal Reserve said earlier this year. This shift in wealth will have a major impact across all aspects of family and wealth, not only for the middle class but also for wealthier people and business owners.