The Latest

Total nonfarm payroll employment grew by 431,000 in May, largely reflecting the hiring of 411,000 temporary employees to work on the 2010 census, according to the U.S. Bureau of Labor Statistics.

Accounting firm Clifton Gunderson announced its latest merger Friday, with the St. Louis-based firm of Humes & Barrington, expanding its footprint to the Gateway City.

A partner at New York-based Citrin Cooperman will be rubbing elbows with the likes of Nathan Lane, Sarah Jessica Parker and Matthew Broderick, as he joins the board of trustees of Flexitoon Puppet Theatre as treasurer.

Both the American Institute of CPAs and the American Bar Association Tax Section have told the Internal Revenue Service it should withdraw its proposed rule that would require companies with more than $10 million in total assets to disclose uncertain tax positions on the new Schedule UTP, Uncertain Tax Position Statement.

Uhoh. Is this a party you’d want to crash? We’re not sure, but there’s a new consultingfirm that is aiming to jumpstart the relationships between senior levelaccountants and attorneys.

The Internal Revenue Service has issued a private letter ruling recognizing California’s community property laws in regard to the tax treatment of registered domestic partners, potentially benefiting same-sex couples.

The Supreme Court unanimously reversed a federal appeals court decision in a case challenging Ohio’s taxation of independent marketers of natural gas, and said the case should be tried in state court.

The Federal Trade Commission has posted a staff discussion draft paper on how to preserve newspapers and traditional journalism outlets in the Internet age, including some eye-opening suggestions on taxing consumer electronics and wireless spectrum.

The shareholders of Elliott Davis, PLLC, one of the largest accounting, tax and consulting services firms in the Southeast, have admitted Lee E. Haynes as shareholder in the firm’s Charlotte, N.C. office.

Reznick Group has named Jphn Mackel a senior manager in the firm’s Valutation and Transaction Advisory Group.