The Latest

New Orleans Saints running back Reggie Bush could be forced to pay back taxes on an estimated $300,000 that he allegedly received while playing football for the University of Southern California.

Accounting Today has finalized the agenda for its upcoming Growth & Profitability Summit.

The U.S. Environmental Protection Agency has sent a letter to Congress in support of reinstating lapsed tax provisions that require polluters to pay for the Superfund for environmental cleanup.

An Internal Revenue Service agent has been indicted in a federal court for soliciting and accepting a $9,700 bribe from the co-owners of a Minnesota business in exchange for lowering the amount of taxes they owed to the IRS.

The National Association of State Boards of Accountancy has re-launched its Accountancy Licensing Library Web site with additional information and resources regarding the examination and licensure process for becoming a CPA.

Peter Orszag, the White House Budget Director and one of the driving forces behind the passage of the $787 billion economic stimulus package, will step down from his post.

Every young professional needs to understand the power of networking. As many young professionals look to build their network and their networking skills many have joined, or will join, on-line professional social networks such as Spoke or LinkedIn. However, putting up a profile and picture is not enough. Building a professional profile, one that is powerful and gets you noticed, takes some effort.

IMGCAP(1)]Currently, about 32 million Americans do not have health insurance.

The struggle in the Senate to get the tax extenders and unemployment benefits legislation passed is due in part to the stubborn refusal of lobbyists to let many of the 50-odd tax breaks in the bill ever truly expire.

Senate Finance Committee Chairman Max Baucus, D-Mont., and ranking member Charles Grassley, R-Iowa, have introduced legislation to lower taxes for small and large businesses by allowing them to write off more of the cost of purchases, such as equipment and machinery, more quickly than they would otherwise be able to under current law.