The Latest

The majority of Americans said they have not taken advantage of the U.S. government’s programs to stimulate the national economy, according to a new survey for the American Institute of CPAs by Harris Interactive.

The former partner of a convicted income tax evader has been indicted for continuing the same abusive trust scheme that sent her ex-partner to prison.

Accounting majors at Montclair State University in New Jersey received an earful of information on International Financial Reporting Standards during a recent Q&A session hosted by an audit supervisor from WISS & Co.

The kickoff meeting of the Blue Ribbon Panel on Standard Setting for Private Companies showed there isn’t a lot of agreement among privately held companies and their accountants on exactly what constitutes generally accepted accounting principles.

The House Ways and Means Committee has introduced legislation to help taxpayers enter into payment agreements with the IRS, relax the record-keeping requirements on cell phones, and improve IRS services for low-income taxpayers.

More accounting shenanigans at Lehman Brothers have come to light, with new revelations that the defunct investment bank created an entity called Hudson Castle to help conceal billions of dollars of risky assets.

Major CPA firm and Microsoft reseller Sikich LLP is hosting an event for the launch of Microsoft Dynamics GP 2010 which will feature, among other things, a private screening of the upcoming movie Iron Man 2.

An El Segundo, Calif., tax return preparer has agreed to plead guilty to charges that he willfully failed to file his personal income tax return for 2005 and that he filed false claims for tax refunds on behalf of his clients.

The Internal Revenue Service said that members of the military and certain civilians providing earthquake relief in Haiti have additional time to file their 2009 returns and pay any taxes due.

Nearly two-thirds of teens are changing their college plans due to the economy, according to a new survey.