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Just as driving 40 mph on the freeway can get you run over, being overly conservative as a professional services firm will get you left in the dust by your more aggressive competitors.

John Reynolds has been promoted to principal in the firm’s Wilkes-Barre office.

By teaching your small business clients how the income statement and balance sheet dictate operating performance and business longevity, you will solidify your role as trusted advisor.

The number of small business bankruptcies continued to decline for the fourth straight quarter, shrinking by nearly 17 percent in the second quarter of this year, compared to the first quarter.

The Internal Revenue Service announced that many of its services will be unavailable over the Labor Day weekend, to accommodate an annual power outage and electric upgrades.

Small businesses across the U.S. are reporting generally modest but steady improvement in their finances, according to a new survey.

The Securities and Exchange Commission adopted rules Wednesday mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring companies engaged in extracting oil, natural gas or minerals to disclose any payments they make to the U.S. government or foreign governments.

J.H. Cohn CEO Tom Marino said Wednesday that his firm will remain in the Nexia International accounting firm network after it merges in October with Reznick Group, and will be renamed CohnReznick, with him and Reznick managing principal Ken Baggett leading the combined firm as co-CEOs for the next three years.

Gary Hansen, president financial planning services provider Financial Strategies of Colorado, has joined forces with the founders a local nonprofit to raise money and awareness for children with disabilities through the firm.

The Internal Revenue Service is offering a sneak preview of its revamped Web site, which is slated to go live at the end of the month.