The Latest

A good way to think about consolidating student loans is protection, according to Tom Taylor, CPA/PFS at Taylor & Company in Towson, Md. If you have variable-rate federal student loans, you can convert your variable interest rate to a fixed interest rate.

IMGCAP(1)]Just this past spring, the Obama administration did what many in the political and national security arenas have been advocating for some time — make cybersecurity its own Department of Defense command on par with Central Command, the organization led by U.S. Army General David Petraeus who’s in charge of all military operations in Iraq and Afghanistan.

Gregory L. Bailes has joined Weaver and Tidwell’s Austin office as audit partner, and the firm has named W. David Rook as assurance service leader in its Houston office.

Many taxpayers spend time during the summer months polishing their résumé and attending career fairs.

Forty-five percent of small-business owners in a new survey said their businesses are not profitable, while 60 percent blamed the economy as the main reason they are not profitable or as profitable as they could be.

A Tax Court decision last week could allow entrepreneurs and investors in small businesses to deduct losses against salary and investment income even for LLPs and LLCs.

Entrepreneurs urged lawmakers to extend the research and development tax credit at a House subcommittee hearing Thursday.

The International Accounting Standards Board has published a stripped-down set of International Financial Reporting Standards aimed at small and midsized privately held businesses.

The Internal Revenue Service has shelved hundreds of balance-due accounts for taxpayers who owe more than $1 million.

Congress is divided on how to pay for health insurance reform and the legislation may not arrive by August, as planned.