The Latest

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.

A federal court judge has upheld New York University’s decision to deny an MBA degree to a CPA who neglected to tell the graduate business school about his conviction on insider trading charges.

Katz, Sapper & Miller LLP has renamed its KSM Business Technology LLC practice as KSM Consulting LLC to reflect the practice’s growing array of business services.

Document storage software developer eFileCabinet Inc. today released eFileCabinet Version 5.0, which contains in-demand features including document-level indexing, full-text search, document retention, document tracking, and workflow.

Financial adviser to the stars Kenneth I. Starr of Starr & Co. pled guilty before the U.S. District Court for the Southern District of New York Friday to ripping off $50 million from A-listers including Wesley Snipes, Sylvester Stallone, Uma Thurman, Nora Ephron and Al Pacino.

The National Federation of Independent Business Index of Small Business Optimism gained 0.7 points in August, rising to 88.8.

A federal agent has filed a declaration accusing a man of receiving $2.7 million in fraudulent income tax refunds using the names and identities of people listed with several state agencies.

The Internal Revenue Service plans to host a special nationwide open house on Saturday, Sept. 25, to help taxpayers — especially veterans and people with disabilities — solve tax problems and respond to IRS notices.

The Internal Revenue Service has released its first set of guidance on the newly codified economic substance doctrine.

Jon Baron, who has presided over Thomson Reuters Tax & Accounting’s Professional Software and Services business for the past five years, has been appointed president of a new Americas Business Unit within the company’s Workflow & Services Solutions group.