The Latest

Talk has been swirling that Congressman Charles Rangel, D-N.Y., former chairman of the tax-writing House Ways and Means Committee, has been negotiating the equivalent of a plea bargain with his congressional colleagues to avoid the trial he will soon face.

Skoda Minotti has named Steven H. Gross as partner, with primary responsibility for managing and overseeing all small business clients.

While their concerns about credit availability have stabilized, fewer U.S. small-business owners expect revenues, cash flow, capital spending and hiring to increase over the next 12 months, according to a new survey.

Small businesses are facing the most difficult business climate in the past three years, according to a new report from the National Small Business Association.

Federal securities class-action lawsuit activity continued to decrease in the first six months of 2010 to the lowest semiannual level since the first half of 2007, according to a new report.

AuditMyBooks has formed a partner program to help CPAs, QuickBooks ProAdvisors, Intuit Solution Providers, and Certified Fraud Examiners showcase their expertise, earn cash rewards and deliver new error and fraud detection services to their clients.

Arnold Schilder has been re-appointed to chair the International Auditing and Assurance Standards Board from 2012 to 2014.

Sen. John Kerry, D-Mass., said he would voluntarily pay $500,000 in taxes to the state of Massachusetts for his new $7 million yacht after the state’s Department of Revenue began looking into claims that he docked the new yacht in Rhode Island to avoid Massachusetts taxes.

The Internal Revenue Service does not always follow statutory requirements that it notify taxpayers on a timely basis when it files tax liens against them, and it does not always follow its own regulations for notifying taxpayers’ representatives of the filing of lien notices, according to a new report from the Treasury Inspector General for Tax Administration.

IMGCAP(1)] Dear Rebecca,