The Latest

A U.S. Postal Service worker has been found guilty of participating in a scheme to steal millions of dollars in federal tax refund checks from the U.S. mail.

Maryland CPA and business consulting firm McLean, Koehler, Sparks & Hammond is turning up the heat on client and staff relations, hosting a series of “Fire It Up!” BBQs this summer and launching its blog of accounting insights.

Forget about setting up a post office box in Switzerland or Grand Cayman Island. The small village of Mark, Ill., is allowing one fuel oil company to save about $23 million in sales taxes, interest and penalties.

IMGCAP(1)]In my previous article, Avoid Being a Firm of the Past, we analyzed the antiquated business model of professional firms based on “We sell time.”

President Obama repeated his demand for Congress to eliminate an estimated $4 billion in tax breaks for the major oil and gas companies.

The Internal Revenue Service said Monday it is accepting applications for the Internal Revenue Service Advisory Council, which provides a public forum for IRS officials and representatives of the public to discuss relevant issues regarding federal tax administration.

The American Institute of CPAs has decided to consolidate its continuing professional education operations in North Carolina, which will result in the closure of its Texas office by next March.

The Internal Revenue Service received an award for the written clarity of its official notices, while insurance provider CareFirst Blue Cross Blue Shield of Maryland received an award for the most confusing language.

As the face—and gender—of leading accounting professionals is expected to change with the next generation, women will be critical to the success of their firms, according to the 2011 Accounting MOVE Project Executive Report released today.

Small businesses posted a modest increase in hiring in April, according to figures from Intuit’s online payroll service.