The Latest

The Internal Revenue Service plans to issue guidance on the taxation of “fails charges” for failed deliveries of U.S. Treasuries.

With back-to-school season fast approaching and the holiday shopping season not far behind, retail suppliers and other small to midsized businesses should take steps to develop refinancing strategies for their trade credit and other loans to ensure that they have adequate liquidity, according to Grant Thornton LLP’s Corporate Advisory and Restructuring Services.

The Internal Revenue Service has prosecuted a tax preparer who used the First-Time Homebuyer Credit in a fraud scheme that appears to be an increasing trend.

Touro College’s Graduate School of Business intends to offer for the first time a Master of Science degree in accounting this September.

The Association for Accounting Marketing has moved its headquarters and replaced its management company in an effort to take the organization to the next level, executives said.

McGladrey & Pullen recently announced its intention to terminate its administrative services agreement with H&R Block.

Students are into accounting, apparently. At least, according to a new report by the American Institute of CPAs which reveals those who graduated with accounting degrees in the 2007-2008 school year surpassed the previous year’s record level.

As Congress struggles to produce a health care reform bill that can be sold to voters during and after the August recess, one idea that’s emerging is a tax on plastic surgery.

Accounting Today presents "Inside the Top 100: Why the Best Are the Best."

Hip-hop mogul and actor Sean “P Diddy” Combs has reportedly paid off a $7,373 tax lien that the IRS filed against his restaurant in May.