The Latest

The Big Four accounting firms experienced shifting revenues across different geographical regions of the world, according to a new study.

The Senate Permanent Subcommittee on Investigations held a hearing Thursday to explore decisions by the Internal Revenue Service that have increased commodity speculation by allowing some mutual funds to use offshore shell corporations and complex financial instruments to circumvent longstanding Tax Code limits on mutual fund trading in commodities.

The Walmart Foundation has teamed up with the United Way and other nonprofits to offer free tax filing services, along with education on eligibility for the Earned Income Tax Credit and government nutritional assistance programs.

A pair of Massachusetts accounting firms, Walter & Shuffain, P.C., and Cooper & Company, P.C., have merged, effective January 1.

Tax executives are uncertain about the potential impact on their businesses of the “repair regulations” recently issued by the Internal Revenue Service, according to a new survey by KPMG.

Philadelphia-area accounting firm Alloy, Silverstein, Shapiro, Adams, Mulford, Cicalese, Wilson & Co. recently hosted 29 aspiring accountants for its fourth annual Externship Day, which gives college students an inside look at the CPA profession.

Sage North America partner SWK Technologies Inc. has acquired the Sage accounts of Southern California-based Sage MAS 90, 200 and 500 reseller IncorTech, effectively adding nearly 150 clients and increasing its West Coast presence.

Tax software developer Greatland Corporation is offering some tips to businesses to help them manage W-2 and 1099 reporting.

Seventy-one percent of small business owners foresee an increase of up 10 percent in their profits in 2012, according to a new survey.

Accounting services provider AccountingDepartment.com has introduced new bookkeeping services for growing small businesses.