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A White House-appointed group of business, academic and labor leaders recommended corporate tax reforms and other measures to increase jobs and improve the economy.
January 18 -
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Republican Presidential candidate Mitt Romney reversed course and, under pressure from rival candidates, said that he would release his tax returns, probably around April 15.
January 18 -
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The Financial Accounting Standards Board has made available the 2012 U.S. GAAP Financial Reporting Taxonomy, which can be used to submit XBRL-format financial filings to the Securities and Exchange Commission.
January 18 -
Online invoicing, time tracking and billing vendor FreshBooks is now offering a certification program, whereby accountants can earn CPE credits to learn more about FreshBooks and become proficient in the product for their clients.
January 18 -
The Internal Revenue Services newest version of the Offshore Voluntary Disclosure Program is designed to give some reassurance to taxpayers who have been hesitating to come forward and disclose their foreign bank accounts, but the increasing complexities of U.S. tax law are leading more people to renounce their citizenship.
January 17 -
The American Institute of CPAs has partnered with the Fox Financial Planning Network, a financial services consulting firm in San Diego, to help CPAs add financial planning to their practices.
January 17 -
The Big Four firms saw outstanding revenue growth from 2010 to 2011 after a sharp reversal in 2009.
January 17
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While the Internal Revenue Service is making gains in its processing capabilities due to increased electronic filing, the agency still needs to offer taxpayers more self-service tools, according to a new report.
January 17