The Latest

The House approved an $858 billion extension of the Bush-era tax rates and unemployment benefits late Thursday night, a day after the Senate approved the bill, sending the bill to President Obama’s desk.

The modern era of tax return preparer administration began on Sept. 28, 2010.

Check out the digital edition of the December 13, 2010-January 10, 2011 issue of Accounting Today.

The Institute of Management Accountants has introduced a new awards program for academics.

Nonprofit charitable tax-exempt organizations filed 313,121 information returns for tax year 2007, according to new statistics released by the Internal Revenue Service, an increase of 4 percent from 2006.

Approximately 13.4 million taxpayers who received the Making Work Pay Credit that was included in the economic stimulus bill may end up owing taxes, according to a new government report.

KPMG reported a 2.6 percent increase in annual revenue worldwide Thursday to $20.63 billion from $20.11 billion, a 0.1 percent increase in local currency terms.

Accounting bodies from three countries have found an increase in sustainability strategies to address climate change, particularly within large companies.

If there’s one thing I’ve learned from my time on staff at Accounting Today it’s that the accounting profession is not boring. It’s not a new revelation for me, but it’s sort of become my mantra, guiding me through four years here.

If there’s one thing I’ve learned from my time on staff at Accounting Today it’s that the accounting profession is not boring. It’s not a new revelation for me, but it’s sort of become my mantra, guiding me through four years here.