The Latest

The American Institute of CPAs announced John H. Fisher and Roger A. Norman as recipients of the 2012 Outstanding CPA in Government Award.

The Securities and Exchange Commission is paying nearly $50,000 to a whistleblower who helped prevent a multimillion-dollar securities fraud, in the first award paid under a new whistleblower program.

After 10 years of growing the business, FreshBooks is now adding Cloud Accounting to its brand and marketing efforts to help better define the company’s direction for accountants and customers.

Former Fugees singer Lauryn Hill is facing state tax troubles on top of her previous problems with her federal taxes.

The optional reporting of Announcement 2012-19 should be made permanent on the Form 990, according to the American Institute of CPAs.

Small business-focused cloud accounting software provider Wave Accounting has acquired online stock research and investment tracking company Vuro.co.

The classification of workers as independent contractors or employees can be nebulous at best -- there is no bright-line test, but the consequence of misclassification, whether inadvertent or deliberate, can be severe.

David Williams, director of the IRS Return Preparer Office, has issued a Facebook “heads up” to preparers who haven’t yet scheduled an RTRP test.

A former tax return preparer from Macon, Ga., has pleaded guilty to filing a false claim for tax refund, theft of government money and aggravated identity theft.

A federal court in Kansas City, Kan., has permanently barred Ahferom Goitom from preparing federal tax returns.