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An $18.7 million system that the Internal Revenue Service has developed to keep better track of the caseload in its Tax Exempt/Government Entities Division has failed to live up to its promises, according to a new report.

The devastating Haiti earthquake may not be dominating the headlines as it was a month or so ago, but that doesn’t mean they still don’t need help – and with as much rebuilding as the country needs to do, every little bit counts.

IMGCAP(1)]Accounting firms try to improve the efficiency and effectiveness of their processes in all kinds of ways.

A Florida accountant and a stock broker have been arrested and charged with scamming an elderly pair of sisters out of their savings.

The Public Company Accounting Oversight Board plans to hold seven forums around the country to discuss auditing in the small business environment.

Accounting firm Pannell Kerr Foster of Texas has published the Entrepreneur’s Playbook, a book containing over 50 tips for small business owners.

Approximately 51.6 million tax filers paid no federal income taxes in 2008, including some families making more than $50,000.

Check out the digital edition of the March 15 issue of Accounting Today.

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The Senate has passed a bill to extend unemployment benefits through the end of the year as well as a number of tax cuts that expired at the end of last year.