The Latest

Two Republican congressional leaders are asking the Internal Revenue Service about recent reports that it has been paying out billions of dollars for improper Earned Income Tax Credit claims.

President Obama’s proposed budget for fiscal year 2012 shows the White House is actually serious about tax reform.

IMGCAP(1)]As the economy continues to rebuild, enterprises are looking to rebuild.

The Governmental Accounting Standards Board has proposed guidance on how to apply the accounting standards when a hedging derivative is terminated for a government entity.

Senate Finance Committee Chairman Max Baucus, D-Mont., and Sen. Chuck Grassley, R-Iowa, have introduced legislation that would permanently extend income tax relief for ranchers, farmers and other landowners who donate agricultural land for conservation.

William Schenkelberg has joined Clifton Gunderson as national state and local tax director.

The House Committee on Small Business held hearings on repealing the unpopular expansion of 1099 information reporting in the health care reform bill.

Sage North America has released Sage ERP Accpac Version 6.0, which boasts built-in business intelligence, customer relationship management, and the ability to be deployed on-premise or online.

The White House released its budget proposal for fiscal year 2012 on Monday, with plans for eliminating capital gains taxes on small business investment, while also getting rid of tax breaks for the wealthy and for fossil fuels.

I grew up in a tax firm environment…quite literally. My current business partner, who is also my father, exposed me to the fifth season. I’ve lived my whole life enjoying spring, summer, fall, winter…and tax season.