The Latest

Financial Accounting Standards Board chair Leslie Seidman talks with Accounting Today editor-in-chief Daniel Hood about FASB's accomplishments in converging accounting standards with the International Accounting Standards Board on the 10-year anniversary of the Norwalk Agreement.

Many military may be overpaying their state taxes, according to analysis done by The Tax Institute at H&R Block.

While tax experts are divided on the immediate future of tax rates as we approach the fiscal cliff (the combination of scheduled tax rate increases and spending cuts by the government), the consensus is that rates will indeed rise precipitously.

Poor Doug Shulman can’t catch a break. Even though he has officially departed from his role as Commissioner of Internal Revenue as of last week, now comes word that he has been sued by a group called the Freedom from Religion Foundation representing atheists.

The National Association of State Boards of Accountancy has named the appointments and positions on its 2012-2013 board of directors, which will be chaired by Gaylen R. Hansen, CPA, a partner at the Denver-based firm Ehrhardt Keefe Steiner & Hottman.

New hires, promotions and more

The IRS has launched a series of videos to help preparers register for Preparer Tax Identification Numbers and prepare for the Registered Tax Return Preparer test.

Recent network memberships, awards, new Web sites and more

There were 62 percent more indirect tax changes worldwide in the third quarter of this year than during the same period last year, according to a new report.

The parent organization of the International Accounting Standards Board has opened its first regional office abroad, choosing Tokyo as the location of the London-based IFRS Foundation’s Asia-Oceania office.