The Latest

President Barack Obama blasted Senate Republicans for obstructing his administration’s top legislative priority: a bill providing tax cuts and a $32 billion lending fund for small businesses to spur job growth.

Christopher R. Conte, the Securities and Exchange Commission’s associate director of enforcement, who led enforcement actions against Dell, Comverse Technology and other companies over their accounting violations, plans to leave the agency after nearly 18 years.

The Internal Revenue Service anticipates that the number of individuals who will request Preparer Tax Identification Numbers will swell to 1.2 million after its new rules for registration of paid tax preparers go into effect at the end of the year.

Armanino Consulting, the tech consulting arm of Armanino McKenna LLC, has effectively expanded its West Coast presence and Dynamics reseller business through the purchase of San Jose.-based 1 Source Solutions.

The real estate developer who is trying to set up a controversial Islamic cultural center two blocks away from Ground Zero reportedly owes New York City over $224,270 in back property taxes for the location.

The Securities and Exchange Commission has charged Dell’s former chief accounting officer and assistant controller with accounting fraud, and they agreed Monday to collectively pay $200,000 in penalties, plus disgorgement and interest, to settle the charges.

IMGCAP(1)] Before I partnered with my father in our current firm, I was introduced to the concept of “return price minimum”(RPM). In other words, potential client work was assessed to ensure a decent return on investment—an agreeable “minimum.” While I agree that this is smart business practice, RPM isn’t always applicable, especially where there is a grander vision. That vision? Capturing a profitable, long-term client niche. Consider one of my personal experiences…

Sometime in the early 1990s when General Motors posted a$4 billion loss, I quipped that my daughter, who was four at the time, couldconceivably sit in the chairman's office and over the course of a year, and lose nomore than $4 billion.

The President’s Economic Recovery Advisory Board has released a lengthy report describing how to achieve three lofty goals: simplify the tax system (yay!), improve taxpayer compliance with existing laws, and reform the corporate tax system.

Sage North America and Intuit are phasing out some of their online services for accountants and their small business and individual clients.