The Latest

Sixty-one percent of senior financial executives believe their companies’ total effective state tax rate will increase, according to a survey by Grant Thornton.

The Public Company Accounting Oversight Board has published a staff audit practice alert explaining the potential auditing and review implications of the Financial Accounting Standards Board’s recently revised standards on fair value accounting.

Advisors who approach client relationships with a long-term planning focus reported higher revenues, according to research of financial professionals from the Partnership for Retirement Education and Planning.

CPA firm Dixon Hughes plans to integrate the practice of Presser, Lahnen & Edelman effective June 1, expanding the super-regional Southeast firm to the Jacksonville, Fla., area.

New York accounting firm Marks Paneth & Shron is merging in Arthur B. Greene & Co., giving MP&S a set of prominent entertainment and literary clients.

A Southern California couple has been indicted on charges of conspiracy to file false tax returns, mail fraud and identity theft after they were found to have filed for refunds of over $300,000 using stolen identities.

A record total of 90.6 million tax returns were filed electronically this year, with more than a third coming from home computers.

Shows are biting the dust this year,probably not permanently, but then again, who knows?

College graduates don’t have a lot to look forward to these days – especially with unemployment at a 25-year high and employers expecting to hire 22 percent fewer graduates this year than last, according to a survey by the National Association of Colleges and Employers.

Both the House and Senate approved President Barack Obama’s $3.4 trillion spending plan on his 100th day in office, but largely along party lines.