The Latest

The downslide in the economy, coupled with a constricted credit market, resulted in a 7 percent drop in profits for payroll and benefits outsourcing provider Paychex Inc., to $533.5 million versus the company's fiscal year 2008 numbers.

Typical end-of-year tax planning will be on everyone’s minds before you know it.

There are still some sources of credit available to small businesses, though they may be hard to find, according to a new report.

Manufacturing and wholesale distribution companies surveyed by accounting provider RSM McGladrey expect to rebound from the recession beginning in late 2009 and early 2010.

A study by KPMG found that goodwill impairments more than doubled during 2008 from 2007 levels at a cross-section of U.S.-based public companies.

An IRS advisory committee has recommended that the IRS require all tax preparers who file at least 200 returns a year to use electronic filing.

Stephen Chipman will taking over as CEO of Grant Thornton LLP at the beginning of next year while trying to build the U.S. member firm’s global ties.

Now that the largest public companies in the U.S. are scheduled to begin filing their financial statements using Extensible Business Reporting Language data-tagging technology this year, financial regulators are weighing additional areas to leverage the technology, said industry representatives at an XBRL International Conference in Paris.

Today is the second and final day of “Make [responsibility] Count," a community outreach initiative launched by PricewaterhouseCoopers where 150 partners, staff and college students are visiting New Orleans to assist in the city's ongoing recovery efforts after Hurricane Katrina.

Just in time for Jon and Kate Gosselin’s impending divorce, the IRS has released a very helpful form.