The Latest

Recent research indicates cloud computing can help businesses and many organizations recover from the economic downtown, but concerns over security may still prevent some businesses and government organizations from fully embracing its benefits.

President Obama has signed the sweeping financial regulatory reform bill into law after a year of pushing the legislation through Congress.

John Venuti, a 62-year-old tax consultant, former principal at KPMG and former IRS tax specialist, has pleaded guilty to failing to file his tax returns for six years.

KPMG claimed it has reduced the firm’s carbon footprint by 26 percent from 2007 through 2009, exceeding the firm’s goal of reducing carbon by 25 percent in three years.

IMGCAP(1)] Dear Rebecca,

Leonardo da Vinci’s friend Luca Pacioli is considered to be the father of accounting, but could the old Franciscan friar have left behind some tantalizing clues in his 1494 book that would predict the future of accounting as we now know it more than five centuries later?

One out of every five senior citizens has been the victim of a financial scam, according to a recent survey by Infogroup/ORC, and the Illinois CPA Society has published a set of tips to help them avoid scams and protect their money:

Rising tuition fees and the uncertain state of the economy are causing more people to put their own retirement savings ahead of their children’s college education.

A group of Democrats on the House Ways and Means Committee plans to release legislation in the next few days to provide tax incentives for renewable energy manufacturers, but they reportedly won’t specify how the tax credits will be paid for just yet.

Senate Democrats achieved their goal of reaching 60 votes to invoke cloture on a bill to extend unemployment benefits through the end of November, ending a Republican filibuster.