The Latest

The House Judiciary Committee’s Crime Subcommittee held a hearing Thursday on the growing problem of identity theft and income tax preparation fraud.

The Internal Revenue Service mails lien notices to taxpayers in a timely manner as required by law, but does not always follow its own regulations for notifying taxpayer representatives and processing undelivered lien notices, according to a new report.

Awards, office openings and more from accounting firms around the country

New hires, promotions and more from accounting firms around the country

Opportunity was a key word during a Career Opportunities in the Accounting Profession session Wednesday morning at the New York State Society of Certified Public Accountants office, voiced by distinguished students of the program and echoed by former New York Governor David Paterson in his guest speech.

Congressional Democrats on the House Ways and Means Committee have introduced a pair of bills to extend the production tax credit for wind energy manufacturers through the end of 2013 and provide a 10 percent income tax credit for employer payroll increases this year.

Only 26 percent of small businesses actually employ full-time or part-time accounting and/or legal help, according to a new survey, even though 64 percent of small business owners say that legal issues should be handled by professionals.

Darlene Finzer, a principal at the Ohio CPA firm Rea & Associates, was selected as Accounting Today’s inaugural Accountant of the Month.

A new Web site called the Accounting Practice Exchange aims to help accountants and tax preparers sell their practices.

The Supreme Court has upheld the Patient Protection and Affordable Care Act.