The Latest

The Securities and Exchange Commission has entered final judgments against two CPAs accused of market manipulation and financial fraud in auditing a company that operated adult Web sites.

The Internal Revenue Service continues to have problems with the security of its computer systems, jeopardizing the confidentiality of taxpayer information, according to a new report.

The Tax & Accounting business of Thomson Reuters has integrated its latest version of the Sabrix Application Suite with Oracle E-Business Suite Release 12, enabling support for global transaction tax management covering sales, use and value-added tax, across order-to-cash, and procure-to-pay processes for multinational companies.

The Internal Revenue Service is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel, a federal advisory committee that makes recommendations for improving the agency’s service.

California Secretary of State Deborah Bowen, the state’s top elected Democrat, has rejected Republican congressional candidate Phil Liberatore’s ballot designation, alleging that Liberatore’s description as "IRS Problem Solver," is overly broad and associated with an entity or organization.

Intuit plans to update its Intuit Payroll service to reflect the HIRE Act that President Obama signed into law on Thursday.

The Upstream Academy is introducing a business development program for new accounting firm partners and senior managers.

Four accounting majors from Montana spent their spring break in remote Alaskan villages preparing tax returns for residents.

An increasing percentage of tax advisors’ client base is now eligible for a Roth IRA, according to a survey of 500 tax advisors.

Houston CPA firm McConnell & Jones has appointed Edward Hlousek as leader of its SEC Audit Practice and Oil & Gas Industry Group.