The Latest

Indianapolis accounting firms Murphy, McClary, Stover and Burnett LLC and Horn CPA Group PC have merged to form Meridian CPAs.

The Internal Revenue Service could collect more taxes from forgiven mortgage debt by expanding its information reporting and revising some of its forms, according to a new study from the General Accountability Office.

The Tax & Accounting business of Thomson Reuters has released a revised edition of “PPC’s Guide to Compilation & Review Engagements” to help practitioners comply with recent accounting standards.

A new study finds that only drastic spending cuts or tax hikes would be able to put much of a dent in the federal debt.

The Internal Revenue Service responded to only 339 out of 350,000 calls made to a special phone line it has set up for hearing- and speech-impaired taxpayers, according to a new government report.

The Internal Revenue Service has issued guidance to provide relief to taxpayers who have suffered property losses due to the corrosive effects of imported drywall installed in their homes between 2001 and 2009.

Former Kansas City Chiefs pro football player Joe Bruner was sentenced to nearly a year in prison for assaulting a CPA whom he blamed for his troubles with the IRS.

Payroll and benefits outsourcing provider Paychex Inc.named insider Martin Mucci as president and chief executive of the companyheadquartered here.

CPA and business advisory firm Abrams Little-Gill Loberfeld has acquired the tax practice of Walpole, Mass.-based Lawrence K. Landy, CPA.

It was a lofty goal, but Grant Thornton employees from around the country aimed to collect $111,000 worth of peanut butter, macaroni and cheese, chicken noodle soup and granola bars last month to benefit the Feeding America’s Kids Café program. They ended up collecting more.