The Latest

The Internal Revenue Service said Tuesday that interest rates for tax overpayments and underpayments would remain the same in the first quarter of the year.

Grassi & Co. is merging in Pustorino, Puglisi & Co., another New York-based accounting firm, on January 1.

Billing and compensation software provider MetraTech Corp. has released MetraNet 6.5, with new features to aid users in the communications service provider, financial and cloud services industries.

Accounting firm Clifton Gunderson said Tuesday it is intensifying its efforts to persuade the Financial Accounting Foundation to set up an independent board to set accounting standards for privately held companies.

Embattled Republican Presidential candidate Herman Cain has released an animated campaign video in which his “9-9-9” tax plan slays a monster: the federal Tax Code.

KLR Names CFO and CTO

MNP, one of Canada’s largest chartered accounting firms, said it would merge with Mississauga, Ont.-based practice EvansMartin, effective Jan. 1, 2012.

New Jersey-based CPA firm WithumSmith+Brown launched its inaugural Withum Week of Caring by providing more than 400 employee volunteers to help 30 different charitable organizations during the three days before Thanksgiving.

Joe Echevarria, the new CEO of Deloitte LLP, told Accounting Today that he plans to expand the accounting firm during his tenure.

The U.S. Tax Court has ruled in favor of a taxpayer who made a data entry error when using Intuit’s TurboTax tax prep software.