Subject Root Tag

The Internal Revenue Service told a judge its technicians made repeated futile efforts to save data on a malfunctioning computer hard drive used by Lois Lerner, the former official at the center of a dispute between Congress and the Obama administration over scrutiny of Tea Party groups.

Young accountants entering the profession and small firms may both be missing a huge opportunity, according to leading consultant Darren Root.

Two decades ago, Richard Kinder helped start a craze for reorganizing big U.S. companies so they’re exempt from the corporate income tax. Today, he said he’s through with the idea.

The Internal Revenue Service has updated the Withholding Foreign Partnership and Withholding Foreign Trust agreements as part of the process of implementing the Foreign Account Tax Compliance Act, or FATCA.

Jobs gained during the economic recovery following the Great Recession pay an average of 23 percent less than the jobs lost during the recession, according to a new report from the U.S. Conference of Mayors.

Ted Sarenski, president and CEO of Blue Ocean Strategic Capital, discusses the findings of the AICPA Personal Financial Planning section's Elder Planning Task Force survey on major issues surrounding financial planning and retirement, including uncertainty about Social Security and the rising cost of health care, in an interview with Accounting Today editor-in-chief Daniel Hood .

Many U.S. households are not adequately prepared for retirement, according to a new report from the Federal Reserve that found 31 percent of non-retired respondents indicating they have no retirement savings or pension, including 19 percent of those ages 55 to 64.

Big banks and wealthy investors are accused of benefiting from a tax credit program that is supposed to help poor communities, according to a new Senate report.

The American Institute of CPAs, along with the Virgin Islands Society of CPAs and the Guam Society of CPAs have submitted a letter to Congress asking for clarification on whether the Net Investment Income Tax, which was included as part of the Affordable Care Act, applies to bona fide residents of the U.S. Virgin Islands, Guam, and the Commonwealth of the Northern Mariana Islands.

Enlocked announced its next generation secure email encryption solution, which encrypts and decrypts messages locally on a user’s computer, tablet or smartphone.

Scivantage appointed James Corr as executive vice president and chief financial officer.

Accounting Today is now accepting submissions for its annual Managing Partner Elite list of top firm leaders.

This is one of those head-slapping, of-course-my-smartphone-should-do that apps: It's already got a camera, and cameras are basically scanners, so it's only natural that your phone can now be a scanner, thanks to CamScanner.

Referrals from satisfied clients still top the list of marketing word-of-mouth for tax preparers. But what kind of non-prep professional provides the best business connection?

Some of our favorite recent tax fraud cases.

One of the best tools to evaluate a business and get a quick handle on the knowledge of the owner or manager is the break-even analysis.

Honkamp Krueger & Co., an Iowa accounting firm, has been running a hilarious series of radio ads and Internet videos spoofing the Dos Equis “Most Interesting Man in the World” ad campaign.

A roundup of recent accounting firm mergers and acquisitions …

The New York State Society of CPAs has responded to President Obama’s criticism of accountants during a press conference this week.

Registration for CCH's User Conference 2014 is filling up fast; industry studies by BDO and the AICPA are out, office closures and relocations...