The Latest

Proposed changes in lease accounting standards could have a broad negative impact on the U.S. economy, triggering a $10 billion reduction in gross domestic product and 60,000 fewer jobs by 2016, according to a new study from the Equipment Leasing & Finance Foundation.

Financial data, analytics and disclosure management services provider Edgar Online Inc. has launched I-Metrix Enterprise, the latest version of its I-Metrix professional risk analysis technology.

Online accounts payable and receivable service Bill.com has secured $15.5 million in a Series D financing round, with the primary goal of expanding its market reach and making product enhancements.

Over half the financial professionals in a new survey said that tax increases should not be taken off the table in order for Washington to reach a deficit reduction agreement.

The Internal Revenue Service is preparing a legislative proposal for Congress to expand its tax levy authority to include additional income sources, such as rental income and non-employee compensation.

Employees of New England accounting, tax and business consulting firm BlumShapiro recently raised $1,000 through the firm’s Jeans Day Program.

New York Governor Andrew Cuomo reached an agreement with the Assembly and Senate to provide lower tax rates for most taxpayers, although there is now a higher top tax rate of 8.82 percent through 2014 for those making over $2 million.

Small business hiring is trending is slightly higher, according to payroll provider CBIZ.

Optimism among small business owners stayed relatively the same in November as in October, according to payroll provider SurePayroll.

Nearly half of senior executives favor changing how corporate income earned outside the United States is taxed, according to a new survey, although many don’t expect much progress on the issue of corporate tax reform before the 2012 elections.