The Latest

Cost-of-living adjustments have changed many dollar limitations for pension plans and other retirement-related items for tax year 2013.

A new report from the Treasury Inspector General For Tax Administration has found that evidence was sometimes not available to support increasing IRS assessments against business taxpayers that have not filed required returns.

Small business owners constantly need to be on guard against theft and fraud, which can be committed by both customers and employees alike.

Financial whistleblowers are beginning to be treated with more respect by government agencies like the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Earlier this month, the Fairfield and Red Bank, N.J. offices of CPA and consulting firm Smolin Lupin & Co. went “Passionately Pink for the Cure.”

Long-time Sage North America partner RKL eSolutions has hired new staff consisting to support its growing Sage ERP X3 business, while adding cloud-ERP and financial management NetSuite to its product listings.

A recent decision by the Second U.S. Circuit Court of Appeals regarding the Defense of Marriage Act creates an immediate opportunity for lesbian, gay, bisexual and transgendered families to file protective tax refund claims, according to the accounting and advisory firm Marcum LLP.

The American Institute of CPAs has elected McGladrey partner Richard Caturano as its new chairman.

Five of the largest audit firms in China are likely to be domestically owned rather than foreign owned in the next five years, according to Baker Tilly International CEO Geoff Barnes.

Automated data entry and workflow software provider Personable Inc. has unveiled ScanWriter 2013, its latest data entry automation technology that is now integrated with Intuit’s QuickBooks 2013, Microsoft Excel, and Sage 50(formerly Peachtree).