The Latest

A man who had been barred five years ago from preparing tax returns and representing clients before the IRS was convicted of violating the injunction by continuing to do so.

New America Software has formally released its MultiTax software for download after about a year of beta testing with various tax preparation businesses.

Oversight Systems has released Oversight 5.0, the latest version of its software that analyzes data from financial systems and looks for instances of transaction fraud, misuse and errors.

IMGCAP(1)]In recent months, the IRS has taken a more serious look at the long talked about subject of professional tax preparer registration.

It didn’t take long for the tomatoes to start flying after Senate Finance Committee Chairman Max Baucus, D-Mont., presented his long-awaited health care reform plan.

Taxpayers will reap little benefit next year from the indexing of many features of the Tax Code, according to CCH, which released estimated income ranges for each 2010 tax bracket.

The American Institute of CPAs, the Certified Financial Planner Board of Standards, and the Retirement Security Project have joined the nonprofit Alliance for Investor Education.

SEC Chief Accountant Jim Kroeker told a group of CPAs that accounting standard-setters should avoid a “race to the bottom” when working on convergence.

Moss Adams CEO Rick Anderson has written to Treasury Secretary Timothy Geithner urging him and other world financial leaders at the G-20 meeting next week to act more quickly on global accounting and corporate governance issues.

The Internal Revenue Service is spending millions of dollars in interest on tax refunds that have been improperly frozen, according to a new report.