The Latest

The Internal Revenue Service wants to track down 115,478 taxpayers who are owed approximately $110 million after their refund checks were returned as undeliverable.

More than 30,000 Medicaid providers had a total of over $1 billion in unpaid federal taxes last fiscal year, according to a report released by the Government Accountability Office.

The Texas Society of CPAs opened an interactive section of its Web site called Destination CPA aimed at high school and college students.

A recent study found that some companies are more effective at controlling fraud and have different perceptions of what needs to be done to prevent abuse.

CCH has named Dee Hairgrove as vice president of ProSystem fx Tax development.

The Securities and Exchange Commission is expected to drop the requirement for foreign companies that list on exchanges in the U.S. to reconcile their financial results to U.S. generally accepted accounting principles.

Intuit has introduced a Web-based payroll system for small businesses.

Two accounting firms in Texas announced plans to merge, with San Antonio-based Padgett, Stratemann & Co. combining with Austin-based Sprouse & Andersen under the PS&Co. name.

The U.S. Treasury Dept. has released a study on the income mobility of U.S. taxpayers between 1996 and 2005, and found evidence of upward mobility even as the gap between incomes at the upper and lower ends of the scale has grown.

Two firms in South Florida said they were merging, with Berenfeld, Spritzer, Shechter & Sheer LLP, expanding by combining with Lefcourt, Billig, Tiktin & Yesner.