The Latest

  • Two recent reports suggest that the movement to register tax return preparers will continue.

    October 19
  • Getting a handle on 2008 year-end tax planning is especially challenging this year because of several areas of uncertainty.

    October 19
  • The Securities and Exchange Commission plans to hold the first of two roundtable discussions on mark-to-market accounting and current market conditions on Wed., Oct. 29, at 9 am ET.

    October 19
  • “Every day, we receive phone calls or e-mails that begin, ‘I just inherited (or acquired) a coin collection. What do I do?’ Unfortunately, all of us in the rare coin business have heard horror stories over the years about widows who sold their late husband’s collections at a fraction of the true value because they didn't have enough information. We've set up this new service so heirs can quickly get accurate information and find reputable dealers,” says Ron Guth, President of Professional Coin Grading Service (PCGS), one of the world’s largest, third-party rare coin authentication companies.

    October 16
  • The Internal Revenue Service said personal exemptions and standard deductions would rise in 2009 to keep pace with inflation, providing more than three dozen tax benefits.

    October 16
  • Two of the Internal Revenue Service's newest modernized computer systems were deployed with known security vulnerabilities that could expose confidential taxpayer information, according to a new report from the Treasury Department's inspector general.

    October 16
  • Practice management software developer Commercial Logic said it would no longer market and distribute its Practice Engine software in North America.

    October 16
  • The Internal Revenue Service announced cost-of-living adjustments on the dollar limitations for pension plans and other items in tax year 2009, even as Social Security benefits are expected to rise next year.

    October 16
  • The Financial Accounting Standards Board is considering delaying implementation of its controversial standard on accounting for uncertainty in income taxes for private entitiies.

    October 16
  • The International Accounting Standards Board and its U.S. counterpart, the Financial Accounting Standards Board, plan to create a global advisory group to review financial reporting issues related to the credit crisis.

    October 16