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The American Institute of CPAs and the Chartered Institute of Management Accountants are teaming in a joint venture that would create an international designation for management accounting.

CCH has released a video explaining the tax treatment of any gambling winnings from the March Madness college hoops brackets and other forms of betting.

CCH is warning office betting pools that any winnings they get from their picks in NCAA college basketball March Madness brackets count as taxable income.

Bankruptcy petitions for small businesses declined in the fourth quarter of last year across many regions of the country.

IMGCAP(1)]Before 2007, James, the managing partner of a $2 million accounting firm, was happy.

Small business owners in the United States intend to add approximately 3.8 million jobs this year, according to a new survey.

Carla Keegan, president and director of taxation services at Tucson accounting firm Keegan, Linscott & Kenon PC, will receive the Arizona Society of CPAs' annual Public Service Award at the society's annual meeting on May 11.

Richard Hatch, who won the $1 million prize on the first season of “Survivor,” has reported for his third prison term on tax evasion charges.

The House Ways and Means Subcommittee on Select Revenue Measures held a hearing Wednesday on the tax implications of a proposed bill aimed at preventing taxpayer money from being used to fund abortions.

A Tennessee congressman has introduced a bill that would allow the Internal Revenue Service to prepare taxes for a taxpayer.