The Latest

The Internal Revenue Service is helping spread the word that the COBRA subsidy eligibility period has been extended to May 31.

The Internal Revenue Service has filed a tax lien against actress Christina Ricci, claiming she owes $179,568.30 in unpaid taxes from 2008.

A class-action lawsuit by former shareholders of Lehman Brothers has been amended to add the defunct investment bank’s auditing firm, Ernst & Young, as a defendant.

An estimated 1.2 million tax returns filed in 2007 reported wages earned by taxpayers who used another taxpayer’s Social Security number, according to a new government report.

Microsoft plans to integrate the Web-based version of its customer relationship management product, Dynamics CRM Online, with its enterprise resource planning and accounting software, Dynamics GP, formerly known as Great Plains Dynamics.

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Nobel Prize winning economist Milton Friedman exhortedthe virtues of a free market economy with as little intervention as possiblefrom the government, which he argued was more the cause of problems, than anentity that competently solved them.

David A. Costello, CPA, president and CEO of the National Association of State Boards of Accountancy, has announced his plans to retire from his executive role with NASBA, effective Jan. 1, 2012.

Pepcom’s EcoFocus mini trade show showcased a wide range of eco-friendly products, some of which could be handy in accounting firms and some probably not.

The Internal Revenue Service is reportedly investigating Florida senatorial candidate Marco Rubio’s use of a Republican Party credit card.