The Latest

In the midst of their August recess, House lawmakers returned to Capitol Hill to vote to approve legislation to provide $26 billion in aid to states to avoid teacher layoffs and Medicaid cuts, paid for in part by clamping down on foreign tax credits.

Thirty-one members of the House have signed a letter to Treasury Secretary Timothy F. Geithner urging changes in the Internal Revenue Service’s proposed plan to regulate paid income tax return preparers.

A new survey of Salesforce.com customers found that the majority of them want to link more closely between their customer relationship management software and accounting software.

Cloud-based accounting and financial management software provider Intacct has introduced over 100 product enhancements, a new project accounting application, and a partnership with work management solutions provider Clarizen Inc.

Audit committees, CEOs and CFOs are demanding more from the internal auditors function than ever before, according to a new report.

The partners and associates of Washington state-based Michael R. Bell & Company, PLLC, have joined Wipfli LLP, an international CPA firm headquartered in Milwaukee, effective August 1, expanding Wipfli’s health care consulting practice.

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IMGCAP(1)]Today many businesses, including accounting firms, have a sobering problem when it comes to older partners.

For the first time ever, the state of Illinois is introducing a sales tax holiday for school supplies, and that should be a boon for not only students and their parents, but for teachers as well.

IMGCAP(1)]Check out the digital edition of the August 16-Sept. 12 issue of Accounting Today.