The Latest

The Census Bureau reported Thursday that one in seven Americans now falls below the poverty line, with 4.8 million more people joining the ranks of the poor last year.

The Tax & Accounting business of Thomson Reuters has added new wokflow features to its GoFileRoom document management application to provide a more proactive role in firm management and workflow.

The National Federation of Independent Business has selected CompuPay as its preferred payroll provider.

A federal grand jury has indicted the owner and former owner of a Hawaiian car dealership, along with their CFO, accountant and others, for tax fraud.

The Senate approved legislation on Thursday that would provide $12 billion in tax breaks to small businesses, along with a $30 billion lending fund.

The National Society of Accountants has elected a new slate of officers, district governors and state directors at its 65th Annual Meeting.

Senate Finance Committee Chairman Max Baucus, D-Mont., introduced the latest version of the tax cuts extenders bill on Thursday in another effort to extend a large number of tax breaks that have either expired or are about to expire for individuals and businesses, including new incentives for companies to hire workers.

There’s a bunch of news coming out of Brown Schultz Sheridan & Fritz (BSSF) this month, including new hires, new CPAs and recognition that the firm was named one of the best places to work in their state of Pennsylvania.

IMGCAP(1)]Sometime in the 1990s a group of marketing types must have gotten together to come up with the next big trend for businesses to use. And did they ever.

One little publicized provision of the Small Business Jobs Act grinding its way through Congress aims to help small business owners who have been hit with huge penalties for investing in benefit plans that the IRS deemed to be tax shelters.