The Latest

Exchange-traded funds could provide better long-term investments than the traditional mutual fund, according to a new study by Deloitte.

Payroll services provider CompuPay Inc. has acquired New Hampshire-based competitor Infinity Payroll for undisclosed terms.

A group of securities regulators from around the world is defending the need to safeguard the independence of the accounting standard-setting process.

Accounting Today is soliciting submissions for its 2009 Technology Pacesetters, honoring value-added resellers that carry accounting software as a central part of their product line. Determining factors include: vendor awards, growth over the past year and participation on advisory boards and industry events.

Three-quarters of the 500 accounting professors polled in a recent survey think International Financial Reporting Standards need to be immediately incorporated into U.S. accounting curricula, and nearly half believe the U.S. should transition to IFRS to remain competitive.

The Treasury Department’s Inspector General for Tax Administration has released a report recommending that the IRS seek mandatory electronic filing of individual tax returns by paid preparers, and legislation is being readied to write such a requirement into law.

Everybody has their own social media story. This we know. One of the many great advantages to social networking is that it’s universal – connecting us with others who are miles away. Still, no matter where someone is on the globe, the power of the Internet tells us though we might have our own stories, they are in some ways very similar.

IMGCAP(1)]Remember when the hefty three-ringed tax research guides required a whole room set aside as a library? Oh, and a librarian? Imagine justifying this expense to your partners today. You couldn’t. You wouldn’t want to because the alternative is so much better than the dark woodsy library ever was.

The State of Minnesota has decided to end its income tax reciprocity program with Wisconsin, effective Jan. 1, 2010.

Online retailer Overstock.com said it has received a notice from the SEC informing the company that it is again under investigation for its financial restatements.