The Latest

Fox Coaching Associates has created HubStreet, a social networking site designed to bring together accountants, lawyers and bankers, and foster referrals.

The Securities and Exchange Commission has begun an investigation of Huron Consulting Group after the firm’s top management stepped down amid accounting irregularities.

A retired IRS agent who worked for a company that claimed to cut customers’ taxes has been sentenced to nearly four years in prison for taking part in a tax fraud scheme.

IMGCAP(1)]The IRS is increasing its audit activity involving payments to foreign persons and U.S. taxpayers’ offshore financial accounts.

Two thieves claiming to be IRS agents stole property from a North Carolina home and then encouraged the neighbors to rip off the house too.

CCH has released the latest version of its TeamMate audit management software with enhanced management reportlng and issues-tracking features.

The American Institute of CPAs has named Robert Dacey, of Washington, D.C., Thomas H. McTavish, of Lansing, Mich., and Lena Ellis, of Ft. Worth, Texas, as the 2009 recipients of its Outstanding CPA in Government Award.

A federal appeals court has revived a lawsuit charging the IRS with depriving taxpayers of billions of dollars in refunds on long-distance telephone excise taxes.

The Private Company Financial Reporting Committee took a close look at the International Accounting Standards Board’s new “IFRS for SMEs” standards at its meeting last week.

A report from the Treasury Department’s Inspector General for Tax Administration recommends that the IRS adopt a centralized approach to crack down on fraud at nonprofit organizations.