The Latest

Confidence in the U.S. economy has plunged this past quarter among the CEOs and CFOs of private companies, according to a new survey by PricewaterhouseCoopers.

Corporate acquisitions using overpriced shares of stock rarely do much to cushion the decline the shares eventually suffer, according to a new study.

The International Federation of Accountants’ Small and Medium Practices Committee has released the third edition of its Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities.

A retired special agent with the IRS’s Criminal Investigation division has pleaded guilty to charges of transporting a California woman across state lines to Las Vegas for the purpose of prostitution.

Grassi & Co. managing partner Lou Grassi has been elected vice chairman of the board of directors of the Moore Stephens North America accounting firm association.

While walking down the hall of my office recently, I was reminded of the fact that accessories play a huge role in our wardrobes, and can not only dress up an outfit, but can completely change the look or style of your ensemble.

Among the themes that IRS Commissioner Doug Shulman has emphasized since his swearing in is the balancing of the agency’s compliance function with its service mission.

Tax audits of corporations are increasing across the country at both the federal and state levels, according to a new survey by KPMG.

Texas accounting firm Karlins & Ramey has recently hired Myrna Castillo as a senior who will handle taxation services for individuals, partnerships and corporations.

The Internal Revenue Service has issued a revenue ruling permitting an employer that is using an accrual method of accounting to take a deduction in the current year for a fixed amount of bonuses payable to a group of employees, even though the employer does not know which of the employees will receive a bonus or the amount of any particular bonus until after the end of the taxable year.