The Latest

Nearly one-half of consumers plan to file their federal taxes online this year, up from 34 percent in 2005, according to a new survey.

Payroll and benefits outsourcing provider Paychex Inc. said a combination of the shaky economy and a litigation expense charge of $18.7 million contributed to a 14 percent decline in third-quarter earnings, to $112 million, versus the year-ago period.

In an effort to increase minority participation in the accounting profession, The Foundation for Accounting Education of the New York State Society of Certified Public Accountants is currently accepting applications for its COAP program.

IMGCAP(1)]The IRS offers tremendous flexibility in how a foreign entity may be classified for U.S. income tax purposes.

The Financial Accounting Standards Board and the International Accounting Standards Board have been hashing out various issues surrounding fair value measurement, leases and other topics at a joint meeting this week.

As large businesses continue to shed workers, small businesses are feeling more encouraged to hire, especially with recently passed tax incentives.

New Equity Daily, a blog dedicated to small business financing, has introduced an online search tool to help small business owners and property investors identify financing alternatives in the public and private sectors.

The House has approved legislation to provide tax cuts to small businesses and extend the Build America Bonds program to spur job creation.

The Internal Revenue Service has issued proposed regulations requiring paid tax preparers to furnish an identification number on tax returns and claims for tax refunds that they prepare.

The Internal Revenue Service has launched a Web-based tool that allows taxpayers to check to see if they received an Economic Recovery Payment last year.