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More and more companies are coming under scrutiny from tax authorities

Will implementation of the Affordable Care Act be a permanent burden on the Internal Revenue Service, an organization already strapped for cash? And how will it affect preparers and taxpayers?

A roundup of technology-related news

Accountants counsel clients on Obamacare exchanges

There's never been such a wealth of tax and accounting information available -- you just need to figure out how to access it

A roundup of assurance-related news

FASB's proposed lease accounting rules really do try to get more useful information about assets and liabilities into financial statements. However, we don't think it's strong enough, because it doesn't cleanly address the No. 1 priority issue that asks whether off-balance-sheet financing has any legitimacy in financial reporting.

The Financial Accounting Standards Board and the International Accounting Standards Board are revealing further details about their long-stalled plans for creating a Disclosure Framework to help accountants decide on which notes to include with financial statements.

Approximately 8,400 federal employees and contractors who were judged eligible for a security clearance from April 2006 to December 2011 owed approximately $85 million in unpaid federal taxes as of June 2012, according to a new government report.

Allen M. Abrams, co-founder of the Chicago-based accounting firm Ostrow Reisin Berk & Abrams, Ltd., has died after a brief illness at the age of 81, on Oct. 27, 2013, his firm announced.

It’s the time of year to again start thinking about expiring tax provisions. Usually the first thing that comes to mind is the alternative minimum tax, but this particular issue was “fixed” in January of this year by the fiscal cliff bill. That still leaves a number of expiring provisions, according to Robert Kerr, senior director of government relations at the National Association of Enrolled Agents.

The Treasury Department and the Internal Revenue Service have loosened the “use it or lose it” rule for flexible spending arrangements for health care, allowing participants in health benefit plan to carry over up to $500 from their FSA from year to year.

The IRS is warning consumers about a "sophisticated" phone scam targeting taxpayers, including recent immigrants, nationwide.

The Internal Revenue Service released the annual cost-of-living adjustments Thursday affecting dollar limitations for pension plans and other retirement-related items for tax year 2014, allowing taxpayers to contribute up to $17,500 to their 401(k) plans in 2014.

The Internal Revenue Service issued its annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes for 2014.

Russell Golden, the recently appointed chairman of the Financial Accounting Standards Board, discussed the road ahead for FASB after the board marked its 40th anniversary earlier this year as it continues its efforts to reach a consensus with the International Accounting Standards Board on their remaining convergence projects.

Accounting firm management consultant Jay Nisberg explains how CPA firms can survive and progress to the next level of growth, in an interview with managing editor Tamika Cody, during Accounting Today's Growth & Profitability Summit in Orlando.

With the government shutdown having recently tested the preparedness of the Internal Revenue Service to deal with sudden downtime, a new report finds the agency needs to make improvements to ensure that timely resumption of critical business processes occurs after an emergency.

A pair of lawmakers have introduced legislation to simplify the Tax Code to enable families to more easily afford the cost of higher education.

Cloud-based business analytics product maker Adaptive Planning has expanded its latest $45 million funding round to include Salesforce.com and former Oracle CFO Jeff Epstein, who was also named as senior advisor.