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Employment at small businesses in the U.S. declined by 10,000 jobs in July, while average compensation and hours worked also dropped, according to figures from Intuit.

With social media becoming more of an imperative for practitioners and consultants alike, tools like Tweetbot are growing in popularity and importance with this one offering the ability to better manage a Twitter account.

New York Governor Andrew M. Cuomo announced a new initiative Monday to encourage individuals who owe significant back taxes to the state to pay their bills by suspending their New York State driver licenses when their past-due tax liability exceeds $10,000.

Cheryl Farrar has taken on the role of chief information officer of the National Association of State Boards of Accountancy.

Governmental Accounting Standards Board chairman David Vaudt talks about his plans as GASB's new leader and the board's agenda for pension standards, post-employment benefits in the retiree health care area, and the need to provide useful information for elected officials and government policymakers, in an interview with Accounting Today editor-in-chief Daniel Hood.

Bernard Robinson & Co. of Greensboro, N.C., has entered the Raleigh, N.C. market with the addition of Furr & Newell.

The House passed a bill to prohibit the Internal Revenue Service from implementing or enforcing the Affordable Care Act before heading home for Congress’s August recess, but the legislation has little chance of advancing in the Senate.

Clients expect you to know about accounting. Impress them by showing you know about their field as well.

Employers in 17 states (and the Virgin Islands) may not be eligible to claim the maximum amount of state unemployment tax credits on their 2013 federal unemployment tax return, because their state has had an outstanding federal unemployment insurance loan for at least two years, according to tax analysts at Thomson Reuters Checkpoint.

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The Internal Revenue Service opened 1,100 criminal investigations of tax fraud by June 30 this year, exceeding the 2012 total with three months remaining in the fiscal year.

House Oversight Committee Chairman Darrell Issa sent a subpoena for Internal Revenue Service documents to the Treasury Secretary, saying he thinks the agency’s chief counsel’s office is “compromised.”

The U.S. tax systems for individuals and corporations should be revamped together, said the top Republican tax writer in Congress, resisting President Barack Obama’s call for a business-only approach.

Total nonfarm payroll employment increased by 162,000 in July, the Bureau of Labor Statistics reported Friday, sending the unemployment rate down by two-tenths of a percentage point to 7.4 percent, although many of the gains were in low-wage jobs.

Xero signed an integration deal with ConnectWise, a developer of service management software designed exclusively for IT service providers, VARs, ISVs and MSPs, in order to synchronize accounting data between ConnectWise and Xero.

BigTime Software Inc. has released a mobile app designed for small and mid-sized professional services firms to access project management capabilities in addition to time and expense tracking.

WTAS has merged with Houston based E.M. Bossin & Co. Texas has been a primary part of WTAS’ growth strategy.

CliftonLarsonAllen has acquired the national health care consulting firm Beck Advisory Group.

Tax reform talk is heating up. Support is growing for bipartisan efforts to rewrite the tax code, with committee chairmen and ranking members in both the House and the Senate jumping aboard the effort.