The Latest

The Internal Revenue Service has fined the nonprofit Food for the Hungry $50,000 for overvaluing medicine and other goods that it donated in 2008, part of a larger effort to crack down on overly high valuations of gifts-in-kind.

Having a carefully designed social media policy in place isn’t only a matter of establishing standards for politeness; it’s necessary to legally protect your firm and its actions.

The most influential people in the field of accounting, according to our survey of their fellow candidates.

The Internal Revenue Service has filed tax liens against funk pioneer George Clinton.

Troy, Mich.-based Billhighway, provider of cloud-based accounting solutions for nonprofit organizations, was named, for the second time, one of Metropolitan Detroit’s Best and Brightest Companies to Work For by the Michigan Business and Professional Association.

CBIZ reported a rebound in small business employment in August among its payroll clients following a decrease in July.

Tax departments are being excluded from discussions about whether it’s a good idea for their companies to move into cloud computing, despite security concerns.

We asked our Top 100 People candidates if they think we are likely to see large-scale tax reform in the next year. Their prognostications varied wildly.

A California woman has been sentenced to prison for claiming and receiving unemployment benefits while working full-time for the Internal Revenue Service.

Check out the digital edition of the September 2012 issue of Accounting Today.