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The Internal Revenue Service managed to collect more tax dollars from delinquent taxpayers, even while contending with cuts in its revenue collection workforce.

The Tax Foundation has released a chart detailing state income tax collections per capita for calendar year 2011.

A loose coalition of anti-tax activists, direct marketers and financial industry trade groups has a tough task this week in overcoming bipartisan support for letting states impose sales taxes on out-of-state sellers.

Senate Finance Committee chairman Max Baucus, D-Mont., has decided not to run for re-election in 2014, instead opting to spend the next year and a half focusing on his job as Montana’s senior Senator and chairing the Senate committee in charge of tax policy, as opposed to re-election.

The Financial Accounting Foundation’ board of trustees has named Russell G. Golden as the next chairman of the Financial Accounting Standards Board, succeeding Leslie Seidman, whose term will end on June 30.

CCH has debuted CCH Axcess software, centered around new online tax preparation software and rebranded versions of the company’s document management, portal, practice management and workflow software.

The Governmental Accounting Standards Board has approved a new standard that provides accounting and financial reporting guidance to state and local governments that offer nonexchange financial guarantees and governments that receive guarantees on their obligations.

The Financial Accounting Standards Board has issued an Accounting Standards Update aimed at improving financial reporting by clarifying when and how public and private companies and not-for-profit organizations should prepare statements using the liquidation basis of accounting.

Deloitte Touche Tohmatsu CPA Ltd. lost a bid to delay a lawsuit brought by the Securities and Exchange Commission seeking documents in an investigation of the auditor’s former client Longtop Financial Technologies Ltd.

Welcome to our newest feature, App of the Week, where we highlight some of the top business apps used by accounting professionals and technology consultants alike, this week it is Scanner Pro by Readdle.

BAASS Business Solutions and Axis Global Partners have merged, creating what will likely be an $18 million firm and the largest Sage reseller deal this year.

The Internal Revenue Service was not in compliance with all requirements of a 2010 law that increased agency accountability for reducing improper payments in federal programs, according to a new report.

CPA technology thought-leader James Bourke identifies three trends that every accounting firm needs to pay attention to.

Jeffrey Bolton, CPA, a partner and co-founder of Gulf Coast Regional Leader Daszkal Bolton LLP, died on April 19 in a swimming accident in the Bahamas.

Marcum LLP has merged in Cornerstone Accounting Group, an accounting and assurance firm that focuses on the real estate industry.

Tax season 2013 is over and the M&A frenzy will pick back up again where it left off. So, what is your practice worth?

The Internal Revenue Service is warning potential donors to beware of charity scams operating in the wake of the explosions last week at the Boston Marathon and a Texas fertilizer plant.

Rebecca Ryan of Next Generation Consulting talks with Accounting Today senior editor Danielle Lee about why the way that many firms think about mentoring needs to change in today's society.

The Internal Revenue Service has issued advice from its Office of Chief Counsel providing guidance to employers who request refunds of Federal Insurance Contributions Act payroll withholding taxes for medical residents.

The Internal Revenue Service will close all of its public operations on five days from now through August because of employee furloughs, IRS Acting Commissioner Steven T. Miller told employees in a memo Friday.