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The Internal Revenue Service has reportedly filed a tax lien against rap singer Bow Wow for $91,105.61 for unpaid taxes dating back to 2006.

IMGCAP(1)]As cloud-based solutions for email—and virtually every office system—have become available, accounting software packages like QuickBooks are adapting to this trend and offering cloud-based versions of their solutions.

The 2011 Pacesetters are moving beyond traditional revenue paths. Here are the top resellers of accounting software who shared information with Accounting Today.

The Internal Revenue Service has extended a safe harbor for investors who claim theft loss deductions from fraudulent investment arrangements, such as Ponzi schemes, even when the leading figure behind the fraud has died.

Senate Majority Leader Harry Reid, D-Nev., said Monday that he plans to introduce legislation this week that would extend the payroll tax cut that is due to expire at the end of the year.

International Accounting Standards Board chairman Hans Hoogervorst said that regardless of which way the Securities and Exchange Commission decides to go on supporting International Financial Reporting Standards, the main thing that is needed from the U.S. right now is “clarity.”

Plante Moran Promotes Flattery and Graham

The Internal Revenue Service’s Modernized E-file System, which is supposed to replace the current electronic filing system by the 2013 filing season, is still unable to assure the accurate processing of individual tax returns.

Financial data, analytics and disclosure management services provider Edgar Online Inc. has signed a deal allowing Business Wire to leverage Edgar Online’s technology to create and produce XBRL filings to help its customers satisfy Securities and Exchange Commission reporting requirements.