The Latest

Check out the digital edition of the April issue of Accounting Today.

A New Jersey man has been indicted for placing hundreds of telephone calls to the Internal Revenue Service’s electronic payment system in an effort to obtain credit for hundreds of millions of dollars in fictitious tax payments to the IRS that he did not actually make.

Grant Thornton LLP has acquired most of the assets of Arryve LLC, a business consulting firm based in Bellevue, Wash.

The arrest of banker Andrew Caspersen on charges of trying to defraud investors of $95 million has prompted his family to try to shed light on the circumstances surrounding his father’s suicide six years ago amid a U.S. tax investigation.

KPMG Southern Africa, a member of the global advisory network, has ended a 15-year stint auditing companies controlled by the Johannesburg-based Gupta family, after the ruling party and the national graft ombudsman announced investigations into its alleged influence over the state.

Employment rose by 215,000 in March, including 500 jobs in accounting and bookkeeping services, although the unemployment rate ticked up one-tenth of a percentage point to 5.0 percent, the U.S. Bureau of Labor Statistics reported Friday.

On Thursday, President Obama, per the Office of the Press Secretary, released an official Proclamation declaring April 2016 National Financial Capability Month.

A cautionary tale for April Fool's Day about a CPA who succumbs after a lengthy battle with sales call reluctance.

Highlights of some of our favorite tax-related blogs from the past week.

Accounting firms come across noncompete agreements in several different contexts: in the valuation of a company when purchased by a client, in divorce litigation and as part of the employment agreement in the accounting firm itself.