The Latest

The Securities and Exchange Commission has reached a settlement with the former CFO of Beazer Homes USA to recover his bonus and stock sale profits from the time when the home-building company was committing accounting fraud.

MNP, one of Canada’s largest Chartered Accounting firms, will merge in Montreal-based William Epstein, Chartered Accountants, effective October 1.

Deloitte launched a new online community Web site on Tuesday where industry insiders can share insights into business analytics and research.

CPA and advisory firm BKD chief executive officer Neal Spencer bestowed this year’s PRIDE Awards to Don Hutson, national industry partner for BKD National Financial Services Group, and Chris Lindner, supervisor in the firm’s Lincoln, Neb., office.

Augusta office tax prac Stancil admitted to firm

The widow of Kenneth Lay, the late chairman and CEO of Enron, has managed to beat back an attempt by the Internal Revenue Service to collect $3.9 million in taxes from his estate.

IMGCAP(1)][IMGCAP(2)]In the wake of the scandal involving alleged phone and email hacking by News Corporation, many tax and accounting professionals are invariably questioning the security of their own client communications.

Rep. Michele Bachmann, R-Minn., called for cuts in corporate taxes and the elimination of capital gains and estate taxes in a speech last weekend as she campaigned for the Republican presidential nomination.

Small businesses created 35,000 new jobs in August, but employees worked fewer hours and received less money, according to figures from Intuit Inc.’s Online Payroll clients.