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New firm founded in Princeton

President Obama called on Congress to move quickly on lifting the debt ceiling Friday as the August 2 deadline rapidly approaches.

The Securities and Exchange Commission has written to Groupon asking the company behind the popular group discount site to clarify the accounting measures it used in its filing for an initial public offering.

A Southern California tax preparer has pleaded guilty to tax charges, admitting that he caused a tax loss to the government of $7,982,043 for tax years 2003 to 2009 by inflating the amount of mortgage interest on his clients’ tax returns.

PwC has released the second edition of “A Guide to Forensic Accounting Investigation,” providing a step-by-step approach to fraud prevention, investigation and deterrence.

Arkansas joined the list of states holding sales tax holidays for back-to-school season, but Illinois dropped its sales tax holiday this year.

While many firms may have allowed their employees to enjoy somewhat lax dress code rules over the summer months, fall is around the corner and it’s time to get back to business.

IMGCAP(1)]With Medicare fraud costing the federal government an estimated $60 billion a year, it makes perfect sense that the Centers for Medicare and Medicaid Services has tapped aerospace innovator Northrop Grumman to create a predictive model that will detect fraud. Or does it?

The health care reform law contains many complexities that tax practitioners need to be aware of, and waiting for it to be repealed isn’t going to solve any of those problems soon.

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