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The Internal Revenue Service is not always fully reimbursed for services it provides to other federal government agencies, according to a new report.

Hollywood apparently isn’t the only place in California where creative accounting is known to take place.

With the Bush tax cuts set to expire at the end of the year, we are in a time of uncertainty over future tax rates for businesses and individuals—but there are steps that your clients can take now in light of this uncertainty to save money. BlumShapiro, a regional accounting, tax and business consulting firm based in New England, offers the following tax-saving tips that individuals and businesses, and their tax practitioners, should consider this summer.

As we acknowledge the 10th anniversary of the Sarbanes-Oxley Act, we are once again in a period of re-examination of the role, relevance, and reliability of financial audits in protecting investors and the public interest. This seems to be, in part, a reaction to the financial crisis of the past few years.

The Certified Financial Planner Board of Standards, Inc. has approved the organization's first-ever Sanction Guidelines, which will be used by the Disciplinary and Ethics Commission and staff when determining sanctions for particular CFP Board violations.

The International Accounting Education Standards Board has released a proposed revision of its professional development standard for educating accountants in values, ethics and attitudes.

A House subcommittee held a hearing to examine the impact of the Sarbanes-Oxley Act of 2002, which marks its 10th anniversary this coming Sunday.

Top 100 Firm Weaver LLP promoted a half dozen employees to partner, with Jayna Bovre named partner-in-charge of the Fort Worth office.

Speaker of the House John Boehner, R-Ohio, said he would allow a vote next week on legislation that House Democrats plan to introduce to extend the expiring Bush tax cuts for middle-class taxpayers, while Republicans also plan a vote on their own proposal to extend tax cuts for taxpayers at all income levels.

The former manager of a Long Island-based Jackson Hewitt office has pleaded guilty to preparing a false tax return after being accused of helping prepare numerous false returns.