The Latest

Liz Gold is shooting photos from the AICPA's spring Council meeting in Washington, D.C.

The Private Company Financial Reporting Committee has given the Financial Accounting Standards Board feedback on its financial statement presentation project, including worries about newly onerous processes.

H&R Block reported that the total number of tax returns prepared as of April 15 fell by 667,000, or 3.1 percent, compared to last year, excluding economic stimulus filers, but Block still earned a record amount on fees.

Internal Revenue Service Commissioner Douglas Shulman has selected Sarah Hall Ingram as commissioner of the Tax Exempt and Government Entities Division and Steven T. Miller as commissioner of the Large and Midsize Business Division.

I spent last weekend in the City of Brotherly Love at anevent themed "accepted students orientation," which was being stagedat one of the local colleges, as my eldest daughter prepares to further hersecondary education.

An Illinois CPA received the 2009 Distinguished Achievement in Accounting Education Award today at the start of the American Institute of CPAs' Spring Council meeting in Washington, D.C.

The Internal Revenue Service has signed a tax-processing contract with a company that has admitted to having information on 1.5 million payment card holders and 1.1 million Social Security numbers stolen by computer hackers.

The American Institute of CPAs kicked off its three-day Spring Meeting of Council with a series of briefings and updates to prepare for Capitol Hill visits in which legislative aides will learn about the issues most important to the accounting community.

The Senate Finance Committee heard from a panel of experts about the pros and cons of skewing energy tax benefits toward one technology, such as wind power, at the expense of another.

The International Public Sector Accounting Standards Board is proposing new financial reporting requirements to help public sector entities account for financial instruments, such as derivatives, bonds, and loans, and produce global standards of transparency.