The Latest

The American Institute of CPAs is criticizing proposed regulations for how post-death events might be considered in determining the value of a taxable estate.

Roel Campos, one of the two Democrats on the five-member Securities and Exchange Commission, announced plans to return to the private sector next month, further tipping the balance on the panel as the SEC continues to issue and enforce regulations affecting accountants.

The Internal Revenue Service wants teachers to know that a recent tax law change won't affect the way their tax is paid in the upcoming school year.

Gregory Reyes, former chief executive of Brocade Communications, was convicted on all 10 counts of securities fraud, conspiracy and making false statements in the first stock options backdating case that has gone to trial.

Accounting firm Bush, Ramlow & Shore is joining Firm Foundation, a recently established association for CPA firms that have approximately 10 to 30 full-time employees.

Workstream introduced an on-demand compensation-planning system, Workstream Compensation Professional, aimed at midsized companies.

He sees you when you’re sleeping. He knows when you’re awake. No, it’s not Santa. It’s the managing partner. That’s not as catchy as having Santa in the lyric. And it’s not just the managing partner—It’s managers of all kinds within tax and accounting firms who are gaining greater control over their employees through workflow software.

Japanese GAAP is moving closer to International Financial Reporting Standards under an agreement that will accelerate the process.

The Organization for Economic Cooperation and Development has removed the Marshall Islands from its list of "uncooperative" and "harmful" tax havens as the group continues to pare down the destinations for money laundering.

Trintech Group has updated its ReconNet reconciliation and account-balancing software with enhanced workflow features.