The Latest

The Internal Revenue Service has published revenue procedures setting forth the discount factors that property and casualty insurance companies can use for accidents and other types of claims this year.

The Internal Revenue Service has issued guidance to manufacturers and importers of branded prescription drugs on the annual fee imposed by the health care reform bill.

The Texas Society of CPAs says this holiday season is the perfect time for kids to learn the importance of “money-mindedness” with affordable toys and board games that won’t put a major dent in their parents’ bank accounts.

Harold Katz, one of the founders of the organization CPAs Reforming Our Profession, or CROP, has died at the age of 77.

Irving H. Picard, the trustee for the liquidation of jailed Ponzi schemer Bernard Madoff’s investment firm, has filed 40 lawsuits, 22 of which were filed against relatives of Madoff and his wife, Ruth Alpern Madoff – including his sister and nephew, her sister, and in-laws – and 18 of which were filed against former employees of Bernard L. Madoff Investment Securities and certain of their relatives, and other related entities.

MarcumStonefield, a division of Marcum LLP, has made three key appointments in its West Coast offices.

Intuit has launched an online sweepstakes contest that will award free Lacerte Tax or ProSeries Tax software to two winners for a year.

CPA and business advisory firm Hill Barth & King has merged in Fort Myers, Fla.-based Gilbert, Wallace, Stewart, Stramel & Sowers, P.A.

Cherry, Bekaert & Holland has expanded to Roanoke, Va., by combining with McLeod & Company.