The Latest

Ron Darling, a former World Series-winning pitcher with the New York Mets, is facing four tax liens and warrants totaling $544,197.

An article in the San Francisco Business Times calls accountants an “unlikely sector to embrace social networking.” But, hey, here at Accounting Tomorrow, we know better.

For those who question the relationship between shortsighted tax policy and the economy, consider the possible consequences of taxing carried interest.

The Obama administration has needed to curb its ambitions in the matter of reforming tax policies for multinational corporations.

A trade group representing insurance and reinsurance companies has taken exception to a proposed standard on fair value accounting and said it will make financial statements harder to understand.

Tax rate brackets and various tax benefits will remain unchanged or change only slightly in 2010 due to low inflation, and many pension plan limitations will remain unchanged, according to the IRS.

Current Grant Thornton CEO Ed Nusbaum and incoming CEO Stephen Chipman talked about the Supreme Court’s upcoming hearing of a challenge to the constitutionality of the Public Company Accounting Oversight Board.

The American Institute of CPAs’ CPA2Biz subsidiary has opened a new Web site to help firms grow their client accounting services practice.

The IRS had a successful filing season this year, according to a new report, despite the challenges of dealing with economic stimulus provisions passed in the midst of tax season, such as an expanded First-Time Homebuyer Credit.

Perot Systems said it would acquire BearingPoint Management Consulting (Shanghai) Ltd., also known as BearingPoint China Consulting, for an undisclosed sum.