The Latest

The tax incentives that help support employment-based health coverage and retirement benefits could be radically scaled back to support plans for tax reform in Washington.

Republicans are pitching their tax overhaul plan on the appeal of lower rates and a simpler system—and figuring that voters won’t mind the lack of details about the potential pain.

The Internal Revenue Service reminded truckers and other owners of heavy highway vehicles on Tuesday that their next federal highway use tax return is due in most cases this coming Friday, Aug. 31, 2012.

Thomson Reuters has posted a new series of blog articles for users of its UltraTax CS software with advice on how they can take advantage of the software’s data mining features to help their clients navigate the possible tax law changes coming next year.

Cloud accounting software developer FreshBooks is now offering an iPhone app, which will include many key features of the Web version.

In her keynote at this year’s Midwest Accounting & Finance Showcase, Illinois CPA Society president and CEO Elaine Weiss highlighted several of the most important issues facing the profession.

The Internal Revenue Service is making progress toward its goal of processing tax returns on a daily basis, according to a new report.

Cindy Fornelli, executive director of the Center for Audit Quality, discusses the importance of auditors retaining their professional skepticism.

Finding the best managing partners starts with asking what the best MP should be

A Phoenix tax preparer has pleaded guilty to filing a tax return in which he falsely claimed expenses on behalf of a client.