The Latest

Check out the digital edition of the April 19-May 9, 2010 issue of Accounting Today by clicking here.

The majority of employers who made changes to their retirement plans during the economic downturn expect to keep those changes in place throughout 2010, according to a new survey.

The State of California has released its annual list of the top 250 individual and business taxpayers with state income tax liens where the balance owed is greater than $100,000.

California has the highest state sales tax rate in the country, according to a new report on sales and use tax rates.

Is it getting hot in here? A new report released by the American Institute of CPAs aims to educate CPA firms and college professors about the skills required to get into forensic accounting – a niche that is getting increasingly popular with younger CPAs.

IMGCAP(1)]While Congress and accountants continue to fight the Sarbanes-Oxley 404 requirements for small filers on what seems like an annual basis, those in the private sector continue to deploy SOX-related policies and procedures as best practices. This trend will continue as the cost of compliance becomes more efficient.

With the economy still struggling to emerge into full recovery mode, a recent court ruling could mean good news for companies and laid-off employees: the ability to claim tax refunds connected to severance pay.

Race car driver Jeremy Mayfield has been hit with tax liens of nearly $300,000 from the Internal Revenue Service and the State of North Carolina.

By identifying higher wage earners who are having too few taxes withheld from their paychecks, the Internal Revenue Service could collect as much as $1.6 billion in additional taxes over a five-year period, according to a new report.

IBM has introduced software to help governments around the world collect delinquent tax debt.