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Schenck SC has acquired a majority stake of Bonfield & Company SC.

The Internal Revenue Service has joined the popular microblogging service Tumblr, expanding the IRS’s array of social media networks.

Online accounting software maker Xero is now integrated with the time tracking and invoicing product Harvest, allowing its users the ability to utilize time and expense functions within Xero.

Caterpillar Inc., the largest maker of construction and mining equipment, said it is considering “all options” to recover losses from false accounting at a Chinese business that led to a $580 million writedown.

Many promising young partners fail to make the transition to equity partner, which is where the true rewards of partnership lie.

The International Accounting Standards Board has released some of the findings from a survey it recently conducted on financial disclosures in which it asked accountants and financial statement users what factors are contributing to disclosure overload.

Tax executives from Global 2000 companies are increasingly relying on tax compliance strategies and planning when dealing with sales and use taxes and indirect taxes like the value-added tax.

Tales of professional athletes facing financial ruin are all too common. Whether it’s squandering millions or getting swindled by shady business and investment consultants, some athletes’ wealth falls as quickly as it rises.

A group of New Jersey CPAs are making themselves available to answer tax questions from the public during tax season.

The IRS said today that processing of tax returns claiming education credits will begin by the middle of February.

Microsoft Dynamics Master VAR SBS Group has added Pennsylvania-based Dynamics NAV reseller Sentinel Technology Group to its partner network, effectively expanding the SBS Eastern Region.

A trio of tax preparers who successfully sued the Internal Revenue Service to halt its mandatory testing and continuing education requirements is contesting the IRS’s request for a federal judge to suspend his ruling against the agency while it mounts an appeal.

U.S. corporations held larger cash balances in their treasuries at the end of last year than they did for the previous quarter or the previous year.

Mark Watson has joined Weaver LLP as a partner in the tax and strategic business services division. Watson will work out of the firm’s Houston office.

Keeping your clients happy is one key aspect of positive marketing. Although it’s often overlooked, keeping your employees happy is another.

Getting tax prep clients to use your tax practice’s portals can be a serious challenge, but communicating the familiar benefits of portals is an excellent first step, according to accounting and tax technology expert Roman Kepczyk.

The Institute of Management Accountants has decided to waive its bachelor’s degree requirement for members of the Association of Chartered Certified Accountants who want to earn the IMA’s Certified Management Accountant credential.

Evidence suggests that some medical device manufacturers are shifting the burden of the medical device excise tax directly to American hospitals and other health care providers, an industry association charges.

Japanese accountants are registering to take the U.S. CPA Exam as a way to increase their international employment options, according to a new survey.

The Internal Revenue Service re-launched its annual outreach campaign Friday, in conjunction with community organizations, to promote awareness of the Earned Income Tax Credit.