The Latest

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.

Cleveland-based business and advisory firm Skoda Minotti has gotten their strategy for attracting, motivating and retaining top performers down. The firm has recently been awarded a NorthCoast 99 award for the fifth consecutive year.

Washington is preparing to do battle over the decade-old question of whether income tax cuts should be extended to taxpayers at the upper income scales.

The New York State Society of CPAs is recommending approval of a change in New York State regulations that would establish a mandatory quality review program for public accountants.

The Securities and Exchange Commission has appointed J.W. "Mike" Starr as deputy chief accountant for policy support and market monitoring in the agency's Office of the Chief Accountant.

A majority of state and local government workers are not certain if they have enough money set aside for their retirement, according to a new study.

The Tax & Accounting business of Thomson Reuters recently added several titles to Checkpoint, its research service with more than half a million users.

The American Institute of CPAs has launched a competition for college students to improve the sustainability practices in businesses.

A bill providing $12 billion in tax breaks and a $30 billion lending fund for small businesses passed a key hurdle in the Senate on Tuesday when two Republican lawmakers voted to join Democrats to cut off debate.