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Budget cuts at the Internal Revenue Service are taking a toll on the agency’s ability to safeguard against identity theft and close the tax gap, according to the head of the employees union.

Sixteen employees of Irvine, Calif.-based accounting firm White Nelson Diehl Evans showed solidarity with family members, friends and coworkers battling cancer by shaving their heads.

More than one-third (35 percent) of small business owners believe the economy is recovering, but they are proceeding cautiously and managing their resources more closely by tempering plans for growth, hiring modestly and getting more out of their employees.

IMGCAP(1)]Like most scenarios that include a buyer and a seller, the marketability of CPA firms adheres to the eternal law of supply and demand.

Deloitte Touche Tohmatsu Limited has submitted an application to the authority in charge of Internet domains in an effort to establish a top-level domain named after the accounting firm: .deloitte.

Sixty-one percent of small businesses are actively trying to go green, while 70 percent expect to become more environmentally conscious over the next two years, but cost is a challenge.

The Tax & Accounting business of Thomson Reuters has released an email marketing benchmark report for CPA firms.

A former CFO of computer maker Gateway has settled allegations by the Securities and Exchange Commission that he engaged in fraud and other violations of the federal securities laws by improperly recognizing revenues nearly a dozen years ago.

An economist has been charged with evading payment of approximately $500,000 in income taxes over a 22-year period, citing religious objections.

The large differences in excise tax rates for various smoking products are prompting consumers with a tobacco habit to shift their smoking habits to pipes and larger cigars, according to a new government study.