The Latest

Sage Payment Solutions, the payments division for Sage North America, has made several enhancements to its Web-based, Payment Card Industry compliant payment processing hub, including a recurring billing service, a donation service for nonprofit and charitable organizations, and integration with most accounting software.

The February CBIZ Small Business Employment Index, a barometer for hiring trends among companies with 300 or fewer employees, increased by 0.25 percent through the month, after posting a decrease of 2.62 percent in January, almost a 3 percent upswing in net month over month hiring.

Rachele Cawaring has joined Bellevue-based accounting firm Clark Nuber as director of financial planning in the firm's Tax Services Group.

The Tax & Accounting business of Thomson Reuters has revised its RIA 2011 Federal Tax Handbook to include all information from the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.

Recent policy changes in areas such as cost basis reporting, the Foreign Account Tax Compliance Act, and the Regulated Investment Company Modernization Act of 2010 are likely to create significant compliance, reporting and monitoring risks and consume resources as companies continue to move toward economic recovery, according to KPMG.

Open-source accounting software developer Open Systems Inc. has partnered with online backup service provider Gillware Data Services, which will provide remote backup services for users of Open System’s Traverse accounting software suite.

A bipartisan pair of senators introduced a bill Wednesday that would repeal the Volumetric Ethanol Excise Tax Credit, saying it would save taxpayers $6 billion.

A husband and wife have each been sentenced to 10 years in prison for a tax shelter scheme that spanned more than a decade.

Texas-based firm Weaver’s private foundation selected six local affiliates of Habitat for Humanity as “charity of choice” for the fiscal year 2010-11, contributing $42,000 and local employee volunteers.

The Internal Revenue Service has agreed with recommendations in a newly released government report urging the agency to increase its examinations of individual tax returns that report losses from rental real estate activity.