The Latest

In an effort to boost firm leadership, Philadelphia-based Parente Randolph brought in representatives from Penn State to create a customized program to build the core business skills of its managers, partners and principals.

IRS Commissioner Douglas Shulman has been chosen as the new chairman of the Organization for Economic Cooperation and Development’s Forum on Tax Administration.

IRS Commissioner Douglas Shulman has been chosen as the new chairman of the Organization for Economic Cooperation and Development’s Forum on Tax Administration.

The U.S. International Qualifications Appraisal Board and the New Zealand Institute of Chartered Accountants have entered into a five-year mutual recognition agreement that establishes the basis for reciprocity between the U.S. and New Zealand accounting professions.

The IRS will bear responsibility in making sure that taxpayers have health insurance, and taxing them if they don’t, if some provisions in the legislation now in Congress go through in their present form.

The growth of fees began to level off at CPA firms across the country late last year after a remarkable six-year run as the financial crisis finally hit home.

A federal court in Seattle has permanently barred a prison inmate from promoting a tax avoidance scheme that attracted over 44,000 customers and earned over $50 million.

Almost two-thirds of companies in a recent survey by Ernst & Young say they do not plan to commit more resources to risk management over the next 12 to 24 months, despite the problems uncovered by the financial crisis.

Sage Software reseller Blytheco has acquired the MAS 90, MAS 200 and MAS 500 practice from BDO Seidman subsidiary Synergistic Software Solutions.

A California man has agreed to plead guilty to a scheme to move over $1 million into secret Swiss bank accounts at UBS via a fake business the bank helped him set up in Hong Kong.