The Latest

Despite the fact that small businesses are proceeding with growth plans in 2011, some 40 percent are putting recovery expectations on hold until the first quarter of 2012, according to a survey from business and technology services provider Insperity.

Despite the debt limit deal that Democrats and Republicans in Congress managed to hammer out at the 11th hour this week, the U.S. Treasury is still facing the threat of a credit rating downgrade.

With airlines under pressure from lawmakers, Delta Air Lines said it would refund tax money paid by travelers in the wake of a suspension of non-essential services by the Federal Aviation Administration.

Gary W. Fleming, CPA, a partner and firmwide director of taxation at Henry & Horne, has been named president of the Arizona State Board of Accountancy for 2011-2012.

Deloitte Touche Tohmatsu Limited plans to work with a nonprofit organization on developing disclosures by companies of their water usage as fresh drinking water increasingly becomes a scarce resource.

A new report from Ernst & Young finds that many companies can improve their Sarbanes-Oxley compliance.

Accounting and business advisory firm Sikich LLP has begun offering a subscription-based human resources consulting service to business clients.

The Internal Revenue Service said Tuesday that for tax year 2011, it would require the manual key entry of the Taxpayer Identification Number shown on W-2 forms received from employers for all taxpayers with Individual Taxpayer Identification Numbers who are reporting wages.

CPA firm revenues rose a modest 1.7 percent according to a preview of the annual Rosenberg Practice Management Survey, marking the first time in two years that the growth rate increased from the prior year.

The Senate approved a debt limit increase on Tuesday, narrowly averting an unprecedented default on the federal government’s debt obligations.