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The Tax & Accounting business of Thomson Reuters has released two new modules for its Checkpoint online research service aimed at improving single audits and International Financial Reporting Standards disclosures.

Some $203 million in funding under last year’s Recovery Act for the Internal Revenue Service to reprogram its computer systems and update tax forms, publications and customer service may be at risk due to inadequate oversight, according to a new government report.

Aarons Grant & Habif LLC has merged Donner, Weiser & Associates into its Atlanta-based practice.

IMGCAP(1)] By Sarah Johnson

IMGCAP(1)]One of the most popular investment activities that has experienced dramatic growth in the past five years is retail foreign exchange trading.

The Internal Revenue Service has released more information on the new continuing education requirements and online application system it has been readying for tax preparers in time for next tax season.

The Internal Revenue Service has published Notice 2010-58, which provides guidance in Q& A format under Section 13 of the Worker, Homeownership, and Business Assistance Act of 2009, which allows taxpayers to elect a three, four, or year-year net operating loss carryback instead of a normal two-year carryback.

Mobile application developer, Izatt International, has introduced a version of its Apple iPhone mileage tracker mobile phone app, MileBug, for Google Android and Nokia Symbian smart phones.

A federal judge has sentenced a man to more than four years in prison for driving his SUV into an Internal Revenue Service building in Birmingham in 2008.

The leader of a trade association representing the equipment finance sector criticized the new accounting standards for leasing contracts proposed by the Financial Accounting Standards Board and the International Accounting Standards Board this week.