The Latest

Robert Paz has been named managing director of New Jersey accounting firm Sax Macy Fromm & Co.

The Tax & Accounting business of Thomson Reuters has added two new business units, Business Compliance & Knowledge Solutions and Workflow & Service Solutions, led by Mark Schlageter and Brian Peccarelli, respectively, as the units’ new presidents.

Thomas M. Bloch, son of H&R Block founder Henry Bloch, submitted a letter to Block’s board citing a “disagreement over the direction of the company” as the reason why he won’t stand for re-election as a director.

The number of assets seized by the Internal Revenue Service’s Criminal Investigation Division fell in 2009 and 2008, according to a new government report.

Those at www.passionateaccountant.com think so. In case you haven’t heard it yet, there’s a new ring tone floating around the Internet that is – wait for it – a rap song.

IMGCAP(1)]The escalating cost of providing group medical benefits has forced many employers to dedicate more time and energy toward gaining control over increasing premiums.

Should privately held companies get their own accounting standards board?

The Internal Revenue Service has filed a tax lien for $1,138,760 against rap singer Lil Wayne, who is currently in jail on weapons charges.

A federal grand jury in Alexandria, Va., has indicted a Swiss lawyer who has been accused of helping a Virginia doctor conceal money in secret Swiss bank accounts at the British bank HSBC Holdings.

A Tennessee grand jury has indicted a former inmate charged with filing false tax returns from inside his prison cell.