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Mary Kopczynski, CEO of 8of9 Consulting, discusses how the intergovernmental agreements that the U.S. has been negotiating with other countries to facilitate FATCA compliance are affecting U.S. expatriates and citizens abroad, in an interview with AccountingToday.com editor-in-chief Michael Cohn.

Every firm is working through the succession maze and dealing with the exit of key partners in the firm.

Deloitte & Touche LLP has agreed to pay $2 million to settle charges with the Public Conpany Accounting Oversight Board for violating the Sarbanes-Oxley Act and PCAOB rules by allowing a former partner to perform or continue to perform activities as an “associated person” that were prohibited while he was subject to a PCAOB suspension order.

The American Institute of CPAs has selected William E. Balhoff, managing director and CEO of Postlethwaite & Netterville, a firm in Baton Rouge, La., as the new chairman of the AICPA’s board of directors.

The Internal Revenue Service announced on Tuesday that it will delay the start of the 2014 tax filing season by as much as two weeks due to delays caused by the recent closure of the federal government.

The American Institute of CPAs has faced a hectic year dealing with problems like the last-minute fiscal cliff deal that delayed tax season, along with the after-effects of Superstorm Sandy and the impact of changes at the Internal Revenue Service that made life difficult for many tax practitioners.

The Internal Revenue Service estimates that between 21 and 25 percent of Earned Income Tax Credit payments were issued improperly during fiscal year 2012, or approximately $11.6 billion to $13.6 billion, and those estimates may be understated because laws that extended increases in the EITC were not factored into the estimates, according to a new report.

Sales tax management software maker TaxJar has released TaxJar Pro, an automated local sales tax reporting tool designed specifically for accountants who serve eCommerce clients with accounts on Amazon, Shopify, eBay, Etsy and PayPal.

Kabat, Schertzer, De La Torre, Taraboulos & Co, an accounting and tax advisory firm based in Miami said Monday it will merge with the boutique firm, TD CPA, of Hollywood, Fla., extending KSDT’s reach across South Florida.

Accounting Today named the Best Firms to Work For 2013 during its annual Growth & Profitability Summit on Monday.

Deloitte said Monday it has acquired substantially all of the assets of Banyan Branch, a digital and social media agency, bringing the accounting and consulting firm into the online advertising and marketing business.

When construction slowed during the recession, some companies hired workers and wrongly designated them as independent contractors to avoid paying insurance, taxes, fair wages and overtime.

Accounting Today began its annual three-day Growth & Profitability Summit in Orlando, Fla., on Sunday with a pair of insightful keynote speeches by Krista McMasters, CEO of McMasters Consulting and former CEO of top-ranked CPA firm Clifton Gunderson, and Jay Nisberg, president of the consulting firm Jay Nisberg & Associates, with both speakers highlighting the changing dynamics of managing an accounting firm and CPA practice.

Some accounting industry watchers warn business owners against relying on their CPAs for business advice, but many owners are apparently ignoring the advice.

German business weekly Wirtschaftswoche has reported that SAP plans to stop development of its SMB-focused cloud ERP product Business ByDesign, stating that existing customers will be still able to continue using it.

The Tax & Accounting business of Thomson Reuters has introduced new bi-directional integration between its Accounting CS Payroll software and the Time Rack time, attendance, and human resources product.

People by nature are curious, emotional and often gullible. That mix can be toxic when trying to keep a tight rein on information security. IT risk and security expert David Barton explains the steps you can take at your firm to help your people stay more secure.

The Internal Revenue Service is reducing the photocopying charge for tax returns from $57 per copy to $50, thanks to greater efficiency and improved technology at the agency.

The Internal Revenue Service said Friday that farmers and ranchers who previously were forced to sell livestock due to drought conditions currently affecting much of the nation will now have an extended period of time in which to replace the livestock and defer tax on any gains from the forced sales.

After reopening operations on Oct. 17, the IRS said in an email to tax professionals Friday that its employees are reporting back to work, and the agency is assessing the impact of the 16-day shutdown on its national operations.