The Latest

On Saturday, Sept. 17, I’ll be getting married in my hometown of Buffalo, N.Y.

Will $447 billion in new taxes help to create jobs, or kill them?

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ARIZONA

The Financial Accounting Standards Board has finalized a new standard aimed at simplifying how organizations test goodwill for impairment.

The Internal Revenue Service has gotten 12,000 new applications under its 2011 voluntary disclosure program of offshore bank accounts, pushing the total number of disclosures to 30,000 since 2009, when the IRS began offering a way for U.S. taxpayers to voluntarily disclose their foreign bank accounts.

Sage North America today introduced Sage BusinessVision Accounting 2011, with enhancements focused on point-of-sale, Canadian payroll reporting and processing, and sales tax tracking and compliance.

New York accounting firms Mayer & Co. and Feldman, Meinberg & Co. have agreed to merge their practices.

Accounting and payroll software and service provider CheckMark Inc. has begun offering small business-focused payroll services for free until 2012 for all new payroll clients who sign a 12-month service agreement and have fewer than 50 employees. They must be located in Colorado, California or Texas.

A New York tax preparer has been sentenced to a year and a day in prison for filing false tax returns containing fictitious and inflated tax deductions and credits.