The Latest

In the first part of our interview with Carlos Lopez of the Latino Tax Professionals Association, he discusses the enormous growth in the Hispanic market

The American Institute of CPAs appears to be making progress on a Financial Reporting Framework for Small and Medium-sized Entities that it has been developing in the wake of the Financial Accounting Foundation’s decision to set up a Private Company Council, and plans to expose the framework by the end of the month.

CCH has released a new publication to assist accountants who are conducting audits of participants in Department of Housing and Urban Development programs.

A new Web site set up by the Democratic National Committee called RomneyTaxPlan.com highlights the lack of detailed information about the plan.

The staff of the Governmental Accounting Standards Board has created a fact sheet to clear up some of the misconceptions about the recent changes in public pension accounting standards.

The American Institute of CPAs has started accepting entries for its 2012-13 Project Innovation: Competition of Creative Excellence, which challenges high school students to develop a hit TV show about the accounting profession.

A circuit court has ruled that severance payments given to employees are not taxable, a decision that could have far-reaching implications.

Financial executives who manage corporate treasuries are becoming increasingly concerned about the so-called “fiscal cliff,” the combination of tax increases and steep spending cuts that are due to occur at the end of the year unless Congress and the administration act to prevent them.

Sales tax automation service provider Avalara has appointed sales tax administration veteran Scott Peterson as director of government affairs, effective November 12.

Monthly benefits for nearly 62 million recipients of Social Security and Supplemental Security Income will increase 1.7 percent in 2013, the Social Security Administration said Tuesday.