The Latest

Intuit reported 11 percent growth in total units sold of its TurboTax federal tax software as of Feb. 13, compared to last year.

Come on, still? Catalyst’s latest global report on MBA grads shows that women still lag behind men from their first job out of college. Perhaps it’s just another reason to go for that accounting degree?

What’s not to like about a Roth IRA? As with traditional IRAs, earnings accumulate tax free. But unlike the traditional IRA, withdrawals are tax-free and minimum distributions after age 70 ½ are not mandatory. Add to this the 2010 special incentives to convert a traditional IRA to a Roth IRA, and it’s a wonder taxpayers aren’t lining up to do the conversion.

More than 60 percent of San Francisco Bay Area CFOs have revenue growth targets of over 5 percent and 45 percent of finance executives predict revenue growth over 10 percent in 2010, according to a survey by CPA firm Armanino McKenna LLP.

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.

The American Institute of CPAs has dispatched a letter to the leaders of the Senate Banking Committee asking them not to allow a systemic risk regulator to alter accounting standards in the financial regulatory reform legislation they are drafting.

Former New York City police commissioner Bernard Kerik, who led the police department during the 9/11 attack, was sentenced to a four-year prison sentence after pleading guilty to tax fraud and other charges.

A man angry with the Internal Revenue Service flew a small airplane into a building on Thursday morning in Austin, Texas, in which several IRS offices are located, killing an IRS employee and himself.

United Nations climate chief Yvo De Boer plans to join KPMG in July as governments around the world face uncertainty over the prospects of establishing a global market for carbon credit trading.

Jim Kroeker has been overseeing accounting interpretations, professional practice issues, and international accounting matters at the Securities and Exchange Commission during a time of rapid economic change.