The Latest

The Internal Revenue Service has begun processing more claims under its whistleblower program, paying over 90 awards since October 2011, after an influential senator held up confirmation of two high-ranking Treasury Department officials.

The Internal Revenue Service has released final regulations governing tax deductions for entertainment use of business aircraft.

The American Accounting Association and the American Institute of CPAs, founding co-sponsors of the Pathways Commission on Accounting Higher Education, have released the Pathways Commission report.

Sean Roberts and Nadia Roberts of Tehachapi, Calif., were sentenced July 30, 2012 to 12 months and one day in prison for hiding millions of dollars in secret offshore bank accounts in Switzerland and other banks around the world.

The Financial Accounting Standards Board has issued a staff paper with recommendations on which criteria and circumstances should be used to determine when it is appropriate to adjust U.S. GAAP reporting requirements for private companies.

Intuit reported Tuesday that small businesses added 35,000 new jobs in July, but revenue and the number of hours worked declined.

The average paycheck size at small businesses declined 0.2 percent in July, according to payroll provider SurePayroll.

The American Institute of CPAs and the American Accounting Association released a report Tuesday charting a course for the future of accounting education.

Intuit has laid off 226 employees from its Consumer Group, which includes TurboTax, many of them in the San Diego area.

The SEC said LocatePlus Holdings Corp. has agreed to settle securities fraud charges from 2005 to 2007.