The Latest

A judge has suspended the stock offering registration statement of a mining exploration company after the Securities and Exchange Commission charged it with filing a forged audit report and stopped trading of the company’s stock.

The Justice Department has asked a federal court to stop two Miami-based tax return preparers from improperly claiming the First-Time Home Buyer Credit.

Inmates at a county prison just outside Key West, Fla., received up to $100,000 from the IRS after filing for over $1 million in fraudulent tax refunds.

Members have been named to a blue-ribbon panel to provide recommendations on accounting standards for privately held companies.

The Senate’s latest stimulus effort, a “jobs bill” named the Hiring Incentives to Restore Employment Act, passed this week with a 70 to 28 margin.

The South Carolina Association of Certified Public Accountants – which created their Young CPAs Leadership Cabinet last year – has chosen four professionals from Elliott Davis as members.

President Obama and congressional leaders of both parties spent most of the day on a health care summit where few points of agreement emerged between Democrats and Republicans.

A study by Howard University’s Center for Accounting Education and Cook Ross Inc. found that many African Americans are leaving public accounting out of frustration with a lack of advancement.

A former Deloitte tax professional has agreed to pay approximately $144,000 to settle insider trading charges with the Securities and Exchange Commission.

ConvergenceCoaching has brought on Jack G. Lee III as a new partner in the CPA firm leadership and marketing coaching group.