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Ernst & Young recently honored 11 winners of its 2012 Entrepreneurial Winning Women program at the firm’s annual Strategic Growth Forum in Palm Springs.

The Securities and Exchange Commission issued an order Wednesday providing regulatory relief to accountants, publicly traded companies, investment companies, transfer agents, and others affected by Hurricane Sandy.

Lowering the corporate tax rate on retailers could create more than 327,000 jobs in the first year, save consumers $10.2 billion, and increase salaries and wages by more than $10 billion, according to a new study by PricewaterhouseCoopers, commissioned by a retail trade group.

The Internal Revenue Service has made progress in deploying its Modernized e-File system, according to a pair of new government reports, but unresolved performance issues are hampering the retirement of its older legacy systems for processing tax returns.

Blain Heckaman is the new managing principal at Kaufman, Rossin & Co.

Last week’s elections saw an increase in the number of CPAs in Congress.

With tax cuts galore expiring at the end of the year, and steep cuts in both defense spending and discretionary spending on the horizon, Democrats and Republicans in Washington are doing a complicated dance at the edge of the so-called fiscal cliff.

The head of the Internal Revenue Service told lawmakers that if Congress fails to extend the traditional patch for the Alternative Minimum Tax, approximately 60 million Americans could be affected and about 33 million taxpayers could pay the AMT for tax year 2012.

Officials with the Securities and Exchange Commission are taking a wait-and-see attitude toward incorporating International Financial Reporting Standards into the U.S. financial system, even as an increasing number of foreign companies file their financial reports with the SEC using IFRS.

Business intelligence service provider iLumen has hired former American Express vice president of digital partnerships Rob Ganjon to be its new chief executive officer.