The Latest

Online invoicing, time tracking and billing vendor FreshBooks has hired Gary Mirsky as its first director of channel sales.

While the IRS has made progress in correcting some of its previously discovered information security weaknesses, control weaknesses over key financial and tax processing systems continue to jeopardize the confidentiality, integrity, and availability of financial and sensitive taxpayer information, according to a new report from the Government Accountability Office.

The Joint Committee on Taxation, which operates under the auspices of the tax-writing committees of the Senate and the House, has been given the task of conducting specific research that will help advance the ability of Congress to enact comprehensive tax reform.

The Star Wars saga has once again been reimagined—this time by unlikely filmmakers the Pennsylvania Institute of CPAs.

Thomson Reuters has unveiled a major business unit revamp of its Professional Division—consolidating top management reporting lines at its Tax & Accounting, Legal, and Healthcare & Science businesses.

U.S. workers are more pessimistic about their prospects for a comfortable retirement than at any time in the past two decades, according to a new survey.

The Internal Revenue Service has paid a $1.1 million reward to an anonymous whistleblower for information that exposed an alleged tax fraud scheme by Enron, Bankers Trust and others before the company collapsed.

Cloud-based corporate performance management service provider Host Analytics and Extensible Business Reporting Language software developer NeoClarus have released a free product to help first-time corporate XBRL filers comply with Securities and Exchange Commission regulations.

A jury has awarded $1.3 million to two CPAs who sued their former accounting firm, MaloneBailey.

The Public Company Accounting Oversight Board has issued a research note cautioning U.S. registered accounting firms that their audits of companies with operations outside of the U.S., particularly in China, may not be in accordance with PCAOB standards if the company accessed the U.S. capital markets through a reverse merger transaction.