The Latest

The Securities and Exchange Commission has approved a rule amendment from the Public Company Accounting Oversight Board giving the board the ability to postpone inspections of non-U.S. auditing firms for up to three years.

A CPA firm in West Palm Beach has been fielding calls from unemployed people all over Florida who have been informed by the state that they no longer qualify for unemployment benefits because they were hired by the firm, even though they weren’t.

Diana Ross is asking the town of Greenwich, Conn., “Where did our love go?” after the town overvalued the singer’s property, and her lawyer is appealing the assessment.

Everyone knows tax season can be brutal so it’s always good to hear when firms are offering ways to lighten the load.

A number of economic surveys and indicators have surfaced in the past week, most of them mixed or uninspiring with regard to an economic recovery. But there are some positive signs.

Elliott Davis LLC, one of the largest accounting, tax and consulting services firms in the Southeast, has named R. Jason Caskey as office managing shareholder of the firm’s Columbia, S.C., location.

Wipfli has reached an agreement to provide accounting, tax and consulting services to clients of American Capital LLC, a Chicago-based firm that specializes in providing tax and succession planning services to high-net-worth individuals and their businesses.

Rep. Sander Levin, D-Mich., has been chosen as acting chairman of the House Ways and Means Committee, a day after Charles Rangel, D-N.Y., took a leave of absence from the leadership of the powerful tax-writing committee.

Sean David Morton, a nationally recognized psychic who bills himself as “America’s Prophet,” has been charged by the Securities and Exchange Commission with engaging in a multi-million-dollar stock offering fraud.

Sage North America has begun accepting applications for its authorized referral partner program and authorized reseller and certified implementation partner program for Sage Millennium, the company’s Web-based, constituent relationship management software for large nonprofit organizations.