The Latest

H&R Block has filed suit against McGladrey & Pullen after M&P announced this week that it was terminating its administrative services agreement with the tax giant.

Accounting Elf is at it again – this time fearless blogger Kel tells us about her adventures with the CPA Review and practice exams.

IMGCAP(1)]Arthur Andersen’s shredding of documents relating to the Enron audit may be the poster child for what not to do when it comes to document retention policies.

The IRS and the Treasury Department have issued final regulations clarifying how and when certain small tax-exempt organizations must file an annual electronic notice.

After making the case in last night’s press conference about the urgent need for health insurance reform, President Obama said that Congress won’t have to finish its work before recess.

Ernst & Young will have to pay $10.2 million in damages after a Florida jury determined that the firm was negligent in its audits of the now-defunct Sovereign Bank.

The Internal Revenue Service has released a new version of Form 656-B, “Offer in Compromise Booklet,” and a revised Form 656, “Offer in Compromise.”

Financial Executives International has named its 2009-2010 board of directors, with Gerald R. Ulrich, director of external reporting and compliance at Hershey, as the new national chair.

The American Institute of CPAs has presented its Elijah Watt Sells Awards to the top performers on the CPA Exam.

H&R Block CEO Russ Smyth issued a strongly worded statement warning of risks to McGladrey & Pullen after receiving a notice terminating their administrative services agreement.