The Latest

Lewis Taub, the tax director at McGladrey in New York, found the tax proposals in President Obama’s State of the Union address to be too general and vague.

The Internal Revenue Service has introduced a new online tool for ordering tax return copies, tax transcripts and return information.

Jody L. Forte, CPA, has been promoted to principal in the Audit Services Group of Reinsel Kuntz Lesher LLP.

As the economy gradually recovers, some mature workers are feeling more comfortable about retiring now compared to last year at this time.

NetSuite Inc. has released a new version of its NetSuite Software Company Edition, designed for software companies grappling with managing varied revenue models, including processes for supporting recurring revenue management streams.

While the U.S. economy is gradually gaining momentum, the economic outlook in the U.S. among small-business owners has retreated over the past six months amid concerns about local economic growth.

Business management software supplier Sage North America announced that a student edition of its Sage Fund Accounting nonprofit financial management software will ship with the new textbook Government and Not-For-Profit Accounting Concepts and Practices (5th edition).

The Blue-Ribbon Panel on Standard Setting for Private Companies submitted a report Wednesday recommending that the Financial Accounting Foundation set up a separate board to determine private company accounting standards.

Senate Finance Committee Chairman Max Baucus, D-Mont., and member Chuck Grassley, R-Iowa, introduced legislation Wednesday to create job opportunities for veterans returning home from war and help businesses create jobs.

Has it ever been more challenging to get work done than it is today? It’s quite ironic that, as fortunate as we are to have all of the technological innovations we enjoy today, these “productivity boosters” can be too much of a good thing.