The Latest

IMGCAP(1)]The Internal Revenue Service wants all paid tax preparers to register for a Preparer Tax Identification Number in time for next tax season, and is requiring many preparers to undergo continuing education and testing. But how much CPE is too much?

Changes to tax provisions in a bill providing health coverage for 9/11 emergency responders helped enable the legislation to pass Congress despite the opposition of some leading Republican lawmakers.

CPA firm Adams, Brown, Beran & Ball, Chartered, has added Carley Sharp to its professional staff.

The Internal Revenue Service has released a new form that will allow tax preparers to request a hardship waiver to exempt them from the IRS’s new electronic filing requirements.

Today’s workers anticipate retiring much later than previous generations, according to a new global retirement planning study.

The Public Company Accounting Oversight Board has published an alert warning auditors of the risks involved when auditing loss contingencies from litigation arising from mortgages and other loans, especially in cases where mortgage servicers have been accused of “robosigning” foreclosure notices.

National CPA and business advisory firm has acquired Durkin Forensic, a Los Angeles-based forensic accounting firm.

New York Attorney General Andrew Cuomo had one more piece of unfinished business before leaving for the governor’s mansion in Albany: file suit against Ernst & Young for allegedly helping its former client Lehman Brothers engage in accounting fraud.

The federal commission investigating the causes behind the 2008 financial crisis has blown its original deadline of last week for delivering a final report, but its Republican members have instead released a pre-report of their own.

Donovan CPAs and Advisors, a local Indiana CPA firm, said it has helped several of its biotech company clients receive over $730,000 in tax credits and research grants.