The Latest

With many indications showing that the Internal Revenue Service is behind in the number of tax returns filed so far this year compared to last year, Liberty Tax Service reported positive growth Wednesday in revenue, same-store sales and tax returns filed.

Private sector employers in the U.S. added 187,000 jobs last month, according to the latest monthly payroll figures from ADP.

Chief financial officers at top U.S. technology companies expect revenue to increase in 2011, including an overall revenue increase of 10.4 percent, up from 8.7 percent in

Sen. Mike Johanns, R-Neb., and Debbie Stabenow, D-Mich., have introduced similar but competing amendments to repeal the expanded 1099 information reporting requirements in the health care reform bill, intending to attach the amendments to a re-authorization bill for the Federal Aviation Administration.

Vicky Gregorcyk has been named department head of enterprise risk advisory services at UHY Advisors.

D.C. metropolitan-area CPA and advisory firm Bond Beebe kicked off its first Tax Season Walking Challenge this week, encouraging employees and partners to get on their feet from Jan. 31-April 15.

President Obama has launched a new initiative to fund small business entrepreneurs known as Startup America, which sounds like something that might better belong on Sand Hill Road in Silicon Valley than on Pennsylvania Avenue in Washington.

The Senate Subcommittee on Contracting Oversight held a hearing Tuesday on improving federal contract auditing, which will become increasingly important as the federal government professes to tighten its belt and rein in its budget deficit.

Cherry Bekaert & Holland has acquired the CPA firm Burrus Paul & Turnbull, expanding the firm’s presence in Virginia.

A Florida Circuit Court jury ruled in favor of the estate of a philanthropist in a case involving BDO’s audits of a defunct real estate firm.