The Latest

CPA and business advisory firm Sanford Baumeister & Frazier has agreed to merge in the North Dallas practice of Hugly PC.

Today marks the beginning of a two-day program to advance African-Americans in accounting held at the Doubletree Hotel in Washington D.C.

The bipartisan deficit commission, faced with its December 1 deadline for delivering a final report on how to cut the federal debt and deficit, has revised the draft plan floated last month by its two co-chairs in an effort to get enough votes to approve a final report.

The Internal Revenue Service detailed how, starting Jan. 1, 2011, paid tax return preparers can comply with a new law that requires them to electronically file tax returns for individuals, trusts and estates.

IMGCAP(1)]Tools and technology have all been created to make life "better."

The Senate has unanimously approved a clarification to the Federal Trade Commission’s oft-delayed Red Flags rule after lobbying by the American Institute of CPAs and a variety of state CPA societies.

House Ways and Means Committee Chairman Sander Levin, D-Mich., introduced legislation Wednesday that would extend the Bush-era tax cuts only for those making less than $250,000 a year, and provide a two-year AMT patch.

KraftCPAs PLLC, one of middle Tennessee’s largest CPA firms, has admitted Amy Thompson and Mark Patterson to membership (ownership, that is) in the firm, giving the firm a total of 18 members.

After less than three years at the helm, Sage North America president and chief executive Sue Swenson announced her retirement Wednesday, planning a several-month transition that will include her replacement by current Sage France CEO Pascal Houillon.

Small business employment continued to show growth in November, according to a payroll report by Intuit, although wages were down and hours worked remained flat.