The Latest

An appeals court judge has ordered that a tax protestor is entitled to a new trial because he was denied the opportunity for expert testimony from his psychiatrist.

The Securities and Exchange Commission has issued a final rule on accepting financial statements prepared by foreign companies in accordance with International Financial Reporting Standards without reconciling them with U.S. generally accepted accounting principles.

Texas plans to begin imposing a $5-per-customer fee at strip clubs across the state starting in the New Year, in what some are referring to as a "pole tax."

Five jobs in the accounting and finance field are expected to be especially well positioned for salary increases next year.

Howard, Wershbale & Co. said it has combined practices with Edward Lowe, a CPA who formerly worked for Ball & Associates.

The Internal Revenue Service has selected 10 new members for its Internal Revenue Service Advisory Council, a forum in which outsiders can discuss tax administration issues with IRS officials.

The Government Accountability Office has released a report on the possibility of using accrual budgeting instead of cash budgeting to bring more attention to the nation's long-term fiscal challenges.

There was a nice Christmas email that was sent out by Tectura’s CEO Terry Petrzelka this week. What there has not been is the filing of an S-1 for the large reseller's initial public offering. At one point, it seemed likely to occur in 2007. There was an SEC filing by the Redwood City, Calif.-based Microsoft reseller in December. But it was for the REGDEX form, which is filed when a privately held company sells stock to investors, such as venture capitalists. (No dollar amounts are filed with such forms.)

Sen. John McCain, R-Ariz., has announced his tax plan, saying he would permanently repeal the alternative minimum tax and make the Bush tax cuts permanent.

The traveling secretary of the New York Yankees confessed in court that he did not report $53,350 in tip income he had received over five years from players and coaches.