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Business owners report needing to spend less time managing their business in order to grow them, according to a survey released by payroll provider ADP.

IMGCAP(1)]Let’s look at two everyday situations. In one, a bank lends money to someone to buy a house or to start a new business. In the second, a company raises debt financing to finance a new investment.

Warren Buffett’s holding company Berkshire Hathaway certainly has an interesting way of replying to questions from the Securities and Exchange Commission.

Craig Shaber, a practicing attorney from San Diego, has pleaded guilty to tax evasion in a case involving a series of shell companies that he set up with an accountant who pleaded guilty last year.

Vertex Inc. has introduced Vertex Enterprise, a software product spanning the corporate tax management process, from data acquisition to audit defense.

Nearly half the senior executives polled in a recent survey said they are most concerned about the prospect of providing a concise description of the uncertain tax positions of their companies to comply with the Internal Revenue Service’s new disclosure requirements.

An Idaho State Tax Commission official has informed a family that their children’s roadside pumpkin stand violates the law and needs to be closed.

The Justice Department has dismissed tax fraud charges against UBS after the Swiss bank complied with a deferred prosecution agreement that it signed last year.

Accounting and finance employees are feeling less confident in the economy and the job market, but optimism about their own personal employment situation has increased, according to a new survey.

President Barack Obama accused the Republican leadership in Congress of vowing to repeal the financial reform bill as the midterm elections approach next week.