The Latest

A federal jury has convicted six defendants in a $60 million nationwide tax fraud conspiracy.

The Association of Government Accountants has presented a Certificate of Excellence in Accountability Reporting to 17 federal departments and agencies.

The U.S. Small Business Administration said that homeowners, renters, nonprofit organizations and businesses have one more month to submit disaster loan applications for damage caused by the severe storms and tornadoes on April 4.

The House of Representatives has passed a bill containing a set of tax deductions and extensions, renewable energy incentives, and a provision equalizing the penalty standards for tax preparers and taxpayers.

A week after proposing requirements for public companies to start filing their financial statements with interactive data tags, the Securities and Exchange Commission wants mutual fund companies to begin filing risk and return information using the technology.

The Financial Accounting Foundation has tapped Teresa S. Polley as its new president and chief operating officer.

The Securities and Exchange Commission has broadened financing opportunities for small businesses by adopting a rule amendment under the Investment Company Act.

The American Institute of CPAs gave out its public service awards at its Spring Council meeting to an individual and a firm for their contributions to the community at large.

The Internal Revenue Service said that it would mail out approximately 350,000 additional economic stimulus payments starting in early July, after discovering that some tax returns did not capture the information needed to generate the $300-per-child payments.

NetSuite introduced a version of its OneWorld software targeted at the accounting needs of software developers.