The Latest

The Internal Revenue Service has signed a $6.25 million contract with the SAS Institute to use the company’s analytical software to help it identify tax evasion and fraud as part of the agency’s Return Review Program.

CCH has given users of the Comtax system access to its World Tax Treaties information through CCH’s IntelliConnect research service.

In a recent article I read in the Huffington Post, I learned that “a survey by U.K.-based officebroker.com finds that one-third of bosses believe some of their female co-workers wear too much makeup to work.”

Even though the deadline has passed for taxpayers with foreign bank accounts to voluntarily step forward and disclose them to the IRS, it still makes sense to do so.

Fifty percent of small businesses anticipate the 2011 holiday season will be more profitable than last year, according to a recent survey from Intuit.

Elliott Davis LLC has hired Alex McLean as assurance senior manager in the accounting, tax and consulting firm’s Manufacturing and Distribution Practice.

Former U.S. Senator and New Jersey Governor Jon Corzine faced questions from a skeptical congressional panel Thursday over his role in the collapse of MF Global and the disappearance of $1.2 billion from customer accounts.

Eide Bailly has acquired William D. Pyle & Associates, expanding the firm’s tax practice in Boulder, Colo.

Health care accounting and consulting firms Pershing Yoakley & Associates and GatesMoore said Thursday they plan to merge on January 1.

The American Institute of CPAs told the Internal Revenue Service at a hearing Thursday that it supports the agency’s overall goal of changing the U.S. tax system to one that matches tax return filings in real time with information returns from third parties.