The Latest

The Internal Revenue Service has extended the deadline for filing a report on foreign bank accounts to Sept. 23 from the original June 30 deadline as it seeks to crack down on offshore tax havens.

In the last three days, three deaths have occurred spanning three generations.

Tennessee-based accounting firm KraftCPAs has created a new affiliate company that will specialize in health care consulting services as Congress prepares legislation to overhaul the health insurance industry.

The Obama administration is introducing a shorter and simpler Free Application for Federal Student Aid form that takes advantage of information from the IRS to streamline the application process for college financial aid.

Partners at accounting firm Bechtel Kopin & Company CPA PC have parted company, with the firm splitting into two businesses based in upstate New York.

Proposed legislation would make it easier for small businesses to qualify for the home office tax deduction.

The IRS has not been doing an adequate job of overseeing the acceptance agents who assign Individual Taxpayer Identification Numbers to foreign nationals, increasing the risk of tax fraud.

The Public Company Accounting Oversight Board has voted to delay inspections of foreign accounting firms for up to three years after hearing an outcry over the legality of the inspections from regulators and firms overseas.

The Financial Accounting Standards Board has proposed a new standard for disclosures about the credit quality of financing receivables and the allowance for credit losses.

IMGCAP(1)] Those at UHY Advisors TX, LLC know what kids like.