The Latest

IRS Commissioner Doug Shulman indicated that the IRS is continuing to refine its new requirements for tax preparer registration, testing and continuing education, and announced that the IRS would waive the requirement for continuing education in the first year of implementing the new program, as well as set up a new office at the IRS dedicated to tax return preparers.

Cloud-based paperless bill management and payment technology provider Bill.com announced today its participation in the PayPal Business Payments pilot and the availability of Bill.com in the PayPal Apps beta program.

Robert Reid, chief executive of cloud-based accounting and financial technology provider Intacct Inc., appealed to the company’s partners and technology vendors to “think big” in helping the decade-old business reach the next level of growth.

After nearly three years as director of partner programs with ERP software maker Deltek Inc., Peyton Burch has left to join cloud-based accounting and financial management solutions provider Intacct Inc. as senior channel executive.

Businesses that have developed complex networks of related trusts and partnerships to evade taxes are making it difficult for the Internal Revenue Service’s efforts to close the tax gap, according to a new government report.

Greatland, a leading provider of W-2 and 1099 products, has sealed a partnership with Steve Strauss, senior business columnist at USA Today and author of The Small Business Bible, to contribute content to the company's new Small Business Center.

The Internal Revenue Service released information Tuesday on the procedures that foreigners and U.S. citizens without a Social Security number because of religious objections can use to register as tax preparers.

A federal judge has ruled in favor of Amazon.com after the Seattle-based e-commerce giant sued to stop the North Carolina Department of Revenue from collecting personally identifiable information about its customers that could be linked to their purchases.

Grant Thornton has appointed Stephen Lukens of IBM as its new advisory services leader.

The Accountancy and Actuarial Discipline Board in the United Kingdom has begun an investigation of KPMG’s U.K. firm for its audits of British Aerospace and BAE Systems Group.