The Latest

Reality TV star Kelly Osbourne has lashed out at reports that she owes the state of California more than $34,000 in unpaid taxes.

A federal district judge has ordered Trip Hawkins, the founder of video game giant Electronic Arts, to pay over $20 million in delinquent federal and California state income taxes.

Small business employment continued to grow in March, according to Intuit, with employers adding 50,000 new jobs.

In a note to Sage North America partners, the company confirmed that president and chief executive Sue Swenson will officially depart on March 31, earlier than the originally expected time frame of mid-2011, allowing Pascal Houillon to assume the role.

The Internal Revenue Service has issued interim guidance to employers on the informational reporting requirements on each employee's annual Form W-2 of the cost of the health insurance coverage they sponsor for employees.

Thomson Reuters has introduced a consulting service to help accounting firms comply with new requirements for review engagements.

In lieu of Tyra Banks, Talisman Energy called upon the Certified General Accountants’ Association of Alberta to help find the Canada-headquartered oil and gas company a summer intern—and Alberta’s Next Top Accountant.

Cloud-based bill payment service Bill.com has officially released Bill.com Mobile, allowing users of any smart phone or Web-connected mobile device to review and approve bills, schedule payments from an authorized bank account, and access all their Bill.com accounts from a single dashboard.

McConnell & Jones LLP has appointed Jonathan Ellis as the leader of the firm’s Nonprofit and Governmental Audit Practice.

Warren Buffett could not have been too pleased by the massive $938 million writedown that his holding company, Berkshire Hathaway, was forced to take at the urging of the Securities and Exchange Commission.