The Latest

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

Elderly clients are wondering what to do about the temporary disappearance of the estate tax this year, and it’s a good idea for accountants to inform them about some of the options.

The House Financial Services Committee plans to probe the regulatory failures that led up to the collapse of Lehman Brothers after a bankruptcy examiner released a damning report last week on the investment bank’s accounting manipulations.

The health care reform reconciliation bill makes a number of adjustments in the excise taxes on so-called “Cadillac” insurance plans and medical device makers, along with Medicare taxes and the fees imposed on pharmaceutical companies.

The jobs bill signed by President Obama on Thursday includes various revenue-raising provisions that would put foreign financial institutions with U.S. taxpayers under a new reporting and tax regime.

President Obama has signed legislation that provides employers with tax incentives to hire unemployed workers.

In today’s economic situation an unemployed person must wear many chapeaus in order to obtain a career. These various skills and talents are necessary because of the significant unemployment rate, a competitive job market and the reduction of companies hiring employees - thus, making it more difficult for job seekers.

How does the board of directors or management team of a small or midsized business think about reversing a declining or distressed business?

The House Ways and Means Committee aims to begin working soon on fixing the mess that is the estate tax.

The House Ways and Means Committee has approved legislation to provide tax relief to small businesses and extend financing measures for creating jobs.