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Employers in the private sector added 135,000 jobs from April to May, according to payroll giant ADP, which represented an increase over the previous month, but still indicated some softening of the employment picture.

Several factors have led an increasing number of states to implement specialized state tax tribunals to resolve state tax controversies.

A partisan divide is developing on how U.S. lawmakers view Internal Revenue Service actions, with Republicans seeing intimidation of their allies and Democrats citing agency mistakes and mismanagement.

The Internal Revenue Service is exploring ways to improve its verification process before issuing tax refunds, but it needs to do a better job of managing the risks, according to a new government report.

Microsoft Dynamics and Serenic partner AVF Consulting has hired CPA Larry Sharrow as an implementation consultant.

Senior tax professionals are most worried about the prospects for U.S federal business tax reform and the heightened regulatory environment in transfer pricing, according to a new survey by KPMG.

Intuit has made its cloud-based Intuit Practice Management product commercially available with integrations to its Lacerte Tax and QuickBooks software.

The Internal Revenue Service’s Small Business and Self-Employed division spent $4.1 million on a conference in Anaheim, Calif., in 2010 that included questionable expenses for planning trips, outside speakers, video productions, and promotional items and gifts for IRS employees, according to a new report released Tuesday by the Treasury Inspector General for Tax Administration.

Online accounting software maker Xero has partnered with online credit card payment company Stripe, allowing Xero users to integrate Stripe’s system to accept payments.

A group of 42 major corporations have joined together to form a new lobbying coalition to press for corporate tax reform.

NetSuite has released NetSuite Order Management for Demandware, a cloud-based offering designed for retailers that are using the Demandware Commerce platform as a front-end system to meet customer demand for a unified, omni-channel commerce product.

The Internal Revenue Service announced the selection Tuesday of several senior leaders to assist newly appointed Acting Commissioner Danny Werfel.

Sage 100 Fund Accounting has received the first major upgrades to the product since it was sold to Accel-KKR, including mobile access for key tasks, allowing nonprofits and governmental agencies access from a wireless connection

Last August, the American Institute of CPAs released an exposure draft of its updated guidance on the Valuation of Privately Held Company Equity Securities Issued as Compensation.

Acting Internal Revenue Service Commissioner Danny Werfel told lawmakers he is working to restore trust in the beleaguered U.S. tax agency and said he wants to make improvements before pressing for a bigger budget.

The Tax Court sided with a taxpayer after the IRS Appeals Office sustained the filing of a notice of federal tax lien against the property of the taxpayer, Antonio Lepore, to collect assessed trust fund recovery penalties for unpaid unemployment taxes. Lepore argued that the Appeals Office erred because it did not permit him to contest his liability for the trust fund recovery penalties on which the assessments were based. A person who has received a Letter 1153 from the IRS has already had an opportunity to contest trust fund recovery penalties, and is barred from contesting the liabilities before the Appeals Office in the context of its determination to sustain the filing of a notice of federal tax lien.

The Securities and Exchange Commission charged Bellevue, Wash.-based commercial truck manufacturer Paccar, and a subsidiary, with various accounting deficiencies that clouded their financial reporting to investors in the midst of the financial crisis.

Robert Hirth Jr. has been named chairman of The Committee of Sponsoring Organizations of the Treadway Commission.

Payroll provider SurePayroll said it is seeing rising optimism among small business owners, even as hiring and average paycheck size declined at their businesses.

The Super Note app is now in version 3.5, and creates color-coded tags to help organize to-do lists, take notes during meetings or conferences, and general daily planning.