The Latest

Thomson Reuters has elevated long-time executive Jon Baron to oversee the newly formed Americas Business Unit of Thomson Tax & Accounting.

The wrangling over the fate of the Consumer Financial Protection Agency took another turn with the revelation that it may end up within the Federal Reserve.

The Crow Creek Sioux Tribe, which lost a 7,100-acre parcel of land last December after the IRS sold it to pay off $3.12 million in delinquent employment taxes, has worked out a deal to settle its tax debts and get a loan to buy back the land.

The Securities and Exchange Commission voted last week to adopt a new rule to place certain restrictions on short-selling when a stock is experiencing downward price pressure.

Women are more likely than men to seek help in financial planning, according to a new survey.

A former CPA who now owns a medical supply company has been charged in a $7.6 million health care fraud scheme, along with three other defendants.

The Internal Revenue Service and the Securities and Exchange Commission plan to collaborate more closely to monitor and regulate the municipal bond market and industry.

The Internal Revenue Service said it has unclaimed refunds totaling more than $1.3 billion awaiting nearly 1.4 million people who did not file a federal income tax return for 2006, including over $150 million in the state of California alone.

The Internal Revenue Service has made an administrative determination to accept the position that medical residents are excepted from FICA payroll taxes based on the student exception for tax periods ending before April 1, 2005, when new IRS regulations went into effect.

Approva Corp. has introduced the latest version of its continuous controls monitoring and auditing automation software, Approva One.