The Latest

The Internal Revenue Service said that more than 279,000 economic stimulus checks, totaling about $163 million, and over 104,000 regular refund checks, totaling about $103 million, have been returned by the U.S. Postal Service due to mailing address errors.

Payroll processor PayCycle said its 1099 MISC E-File service would be open for accounting professionals serving small business clients starting Jan. 1, 2009.

CCH has named two new vice presidents to help spearhead technology efforts at the company.

Accounting regulators from more than 15 countries plan to gather at a forum in Boston next week hosted by the National Association of State Boards of Accountancy.

Bank of America's audit committee has hired PricewaterhouseCoopers to replace KPMG as the auditor for its recently acquired Countrywide Financial unit.

The confidence of accounting and finance workers has plunged to a new low, according to a new survey.

The Public Company Accounting Oversight Board has voted to propose seven new auditing standards related to risk assessment.

Two-thirds of certified financial planners have seen an increase in potential clients as economic turbulence has increased in the past several weeks, according to a new survey.

A recent study of unpublished Internal Revenue Service data has found that wealthier people are hiding their income at greater rates than those in lower income brackets.

Those who remember the concern over Year 2000—that when the clock struck Jan. 1 that year, computers would freeze, airplanes would crash and the world as we knew it would end, remember that a lot of that stuff didn’t happen and many people found that accounting software that worked on Dec. 31, 1999 still worked just fine.