Subject Root Tag

While the accounting profession's biggest political action committees lost their main bet on Election Day, they can hope to recoup some of their losses from their side bets in the Senate.

The re-election of President Obama is likely to result in substantial changes for taxpayers, especially with the expiration of the Bush-era tax rates approaching.

Paul Allan, Global BPO Portfolio and Service Line Leader, at HP Enterprise Services, explains how to justify organizations' investment in Business Intelligence technologies and how a trusted advisor can help in the process.

The International Federation of Accountants has released for comment a proposed strategy for projects it plans over the next four years to address the needs of accountants who work within companies or as advisors to businesses.

Judith Frederiksen has been hired to serve as vice president and controller at CAMICO.

The average paycheck size at small businesses declined 0.2 percent in October, while month-over-month hiring also fell 0.1 percent, according to payroll provider SurePayroll.

President Barack Obama delivered his acceptance speech early Wednesday morning after winning re-election in a hard-fought campaign against Republican rival Mitt Romney as the U.S. faces the risk of another plunge into recession with the expiration of the current tax rates coupled with deep automatic spending cuts.

The Internal Revenue Service’s decision to modify the timelines for withholding agents and foreign banks to comply with the stiff new due diligence requirements under the Foreign Account Tax Compliance Act is providing them, as well as taxpayers and preparers, with some welcome relief.

ADP has agreed to sell its ADP Taxware business to Vista Equity Partners for an undisclosed amount.

CCH, a Wolters Kluwer business, has launched a new ProSystem fx Client Intelligence offering for automating the continual analysis of clients' business performance as well as advancements to its IntelliConnect Solutions.

Gina Bennett Pruitt has been admitted as the newest owner of KraftCPAs.

The Securities and Exchange Commission said it is preparing relief measures that would extend filing deadlines for individuals and entities who have been affected by Hurricane Sandy and its aftermath.

The IRS has issued procedures in Revenue Procedure 2012-43 concerning under what circumstances a frivolous tax submission penalty would be reduced. The procedure also details how a taxpayer may request a reduction in the penalty, which is assessed under Code Sec. 6702(a) or Code Sec. 6702(b), and the eligibility requirements for reduction.

The IRS is now sending letters to preparers who are suspected of filing inaccurate EITC claims.

The Center for Audit Quality has released a guide to help auditing firms cope with the Public Company Accounting Oversight Board inspection process.

Epicor Software Corporation announced its 2012 Epicor Americas Premium Partner Awards, with Canada-based Six S Partners receiving top honors as a Top New Revenue Producer and Certified Gold for driving sales growth.

The Internal Revenue Service needs to improve its efforts in investigating whether its own employees are inappropriately accessing taxpayer data, according to a new government report.

Jina Etienne, director of taxation at the American Institute of CPAs, talks with Accounting Today managing editor Tamika Cody about what firms can do to stay competitive and grow in today's economy.

Jackson Hewitt Tax Service wants preparers and their clients to be aware of key disaster-related tax considerations in the wake of Superstorm Sandy.

KPMG has formed a business alliance with enterprise-class software-as-a-service product provider Workday to deliver cloud-based financial management and human capital process applications.