The Latest

Rep. Sander Levin, D-Mich., said Wednesday that he plans to introduce a bill to provide tax breaks for small businesses that hire new employees or increase wages as a substitute for a bill being pushed by House Republicans to repeal the medical device tax in the health care law.

SurePayroll found that both hiring and paycheck size declined slightly in May by 0.1 percent.

Kimpa A. Moss, CPA, has joined Lurie Besikof Lapidus & Company, LLP, a Twin Cities-based accounting, tax and consulting firm, as partner, effective June 1.

While the average reported salary of management accountants declined slightly last year, their average total compensation with bonuses increased, according to a new salary survey from the Institute of Management Accountants.

A new analysis of inspection findings from the Public Company Accounting Oversight Board indicates that the percentage of audits with deficiencies has more than doubled since 2009, largely due to problems with fair value measurement and asset impairment.

The International Auditing and Assurance Standards Board has released its strategy through 2014, with the main goal of enhancing auditor reporting standards.

Intuit has integrated its mobile payment processing application GoPayment with the latest version of QuickBooks Point of Sale, designed for small retailers.

A new program is offering guidance to company employees who are coping with how to repay high levels of student loan debt.

With the expiration of the current tax rates approaching at the end of the year, and a deep round of spending cuts looming, a new report sheds light on what effect that would have on the economy and the nation’s debt levels.

Indiana’s State Budget Committee has chosen Deloitte to find out how the state managed to mishandle over $500 million in tax revenue.