The Latest

Payroll and benefits outsourcing concern Paychex Inc. has launched Paychex HR Solutions, a blended services offering that merges the features of its Paychex Business Solutions and Paychex Premier Human Resources options.

A California man who fraudulently received stock as compensation from American Fire Retardant Corporation and subsequently sold the stock, was sentenced Monday morning to 18 months in federal prison after being convicted of conspiracy and subscribing to a false tax return.

Attorneys for Wesley Snipes are requesting a new trial for the actor on tax charges after a key prosecution witness was arrested on fraud charges.

The Private Company Financial Reporting Committee met last week to discuss some of the standards that the Financial Accounting Standards Board has been proposing and postponing.

The Supreme Court ruled against the Public Company Accounting Oversight Board in a 5-4 decision, finding that the way board members are removed by the SEC is unconstitutional.

IMGCAP(1)] Just like the storms that have recently passed through the country wreaking havoc, our economy has taken its toll on accounting firms across the country. In these last couple years, we have seen the importance a strong foundation plays in a firm’s ability to weather the storm. At this year’s Association for Accounting Marketing Conference a new trend has taken root that is helping firms across the country become more effective in how they market and sell their services.

In one of the great Dilbert parodies of all time,Dilbert's team is seen meeting with a vendor who, along with his colleagues,begins trumpeting the virtues of their new product. When Dilbert asks how itworks, the vendor sheepishly replies that they didn't bother to bring along theguy who could explain that.

H&R Block reported a decline in its fiscal 2010 net income, attributing it to a drop in its tax season business as a result of the economy, while its rival Jackson Hewitt reported that it had received a warning about its listing on the NYSE, also brought on by tax season problems.

The International Federation of Accountants has written an open letter to the G-20 nations in advance of this weekend’s summit in Toronto calling on governments to fix public sector accounting.

Unit4 introduced Vita Cloud Angel, a new subscription-based deployment offering for customers of its cloud computing-based enterprise resource planning software, Agresso Business World.