The Latest

Wesley Snipes was sentenced to the maximum of three years in prison for failing to file his income taxes.

The federal government has lost a Son of Boss tax shelter case involving taxpayers who invested in foreign currency options.

Sage Software has introduced Sage Accpac Extended Enterprise Suite, combining the company's enterprise resource planning with customer relationship management software.

The American Institute of CPAs and the National Association of State Boards of Accountancy have renewed a trilateral mutual recognition agreement with professional accounting bodies in Canada and Mexico.

SurePayroll has upgraded its online payroll service for accountants with same-day enrollment, Saturday customer support hours, and free human resources and compliance tools.

There’s no need to understand the reference to the 1960’s “Steal This Book,” to understand what’s going on in the world of computer security.

Ernst & Young said it has approved a plan to integrate all of its 87 country practices in Western and Eastern Europe, the Middle East, India and Africa into a new EMEIA Area.

The Senate Finance Committee held a hearing on the tax aspects of a cap-and-trade program to control carbon emissions.

Broadcom agreed to pay $12 million to settle charges with the Securities and Exchange Commission over the chip maker's stock-option backdating that led to a restatement of more than $2 billion.

The Financial Accounting Standards Board and the International Accounting Standards Board agreed on a set of proposals to accelerate the 2006 memorandum of understanding on convergence between International Financial Reporting Standards and U.S. generally accepted accounting principles.