Subject Root Tag

The IRS and the Treasury Department have accepted a request for guidance under the IRS’s Industry Issue Resolution Program regarding capitalization rules used by restaurants.

So, what are you forgetting about preparing for next season?

Internal audit as a line of defense against inappropriate levels of risk is a time-honored concept in the U.K., South Africa and Australia that is now becoming a popular paradigm in the U.S.

Adam Blitz, a manager at the accounting firm Wiebe Hinton Hambalek LLP in Fresno, Calif., discusses why it's a good idea to sell more services to existing clients, in an interview with AccountingToday.com editor-in-chief Michael Cohn at Accounting Today's Growth & Profitability Summit in Boca Raton, Fla.

A father and son who ran a tax-preparation business were convicted in Los Angeles of conspiring to help clients cheat the Internal Revenue Service by setting up undeclared offshore bank accounts.

The International Auditing and Assurance Standards Board has released a strategy and work plan for improving audit quality in the new few years.

The Internal Revenue Service has issued a revenue procedure that describes several safe harbor methods of accounting for certain property costs paid or incurred by cable system operators.

U.S. Congressman Michael Grimm pleaded guilty to a federal tax charge, taking the possibility of prison time in stride as he told reporters after the proceeding that he won’t give up his House seat.

The Internal Revenue Service has issued a new publication to help taxpayers better understand how the Affordable Care Act affects their taxes.

The Tax Increase Prevention Act extends the provision that allows certain IRA owners to make tax-free distributions to charity.

The Financial Accounting Standards Board has released guidance to improve the way private companies account for intangible assets in a business combination.

Intuit released its last QuickBooks Online update of the year.

The Treasury Inspector General for Tax Administration has released its Semiannual Report to Congress, with a special focus on how the Internal Revenue Service has handled its responsibilities under the Affordable Care Act.

In early 2014, the Public Company Accounting Oversight Board in the U.S. announced that it was officially abandoning its pursuit of mandatory audit rotation—the somewhat controversial practice that requires publicly traded companies to change their auditor after a designated number of years.

Over the years that I've been writing, in almost 4 million words, I've come up with two statements I feel actually have some value.

Nonprofit accounting software developer AccuFund Inc. has released a new edition of its AccuFund Accounting Suite.

Honkamp, Krueger & Co. has hired Laura Walker, Kenneth Bowen and Ray Harrison as partners.

Angela Avant has resigned from her post as president and CEO of the National Association of Black Accountants Inc. NABA’s chairman, Kenneth Cooke, will serve as interim president and CEO while the a search is conducted to replace Avant.

Bank Leumi Le-Israel Ltd. agreed to pay $400 million and admit it helped American clients evade taxes for a decade.

Did you know that I had a Radical CPE Event last week? It was totally successful but I will let the Twitter feed explain the day!