The Latest

The Public Company Accounting Oversight Board issued a report Thursday warning about significant deficiencies it is seeing in auditing firms’ assessment of risks in their clients.

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

Santos, Postal & Company is merging in Hildebrand, Limparis & Associates, adding an office in Frederick, Md., to the firm’s existing office in Rockville, Md.

The Internal Revenue Service has issued a set of proposed changes in the administrative appeals process for cases docketed in the U.S. Tax Court.

The Social Security Administration confirmed Thursday there will not be a cost of living increase for 2016 due to declines in consumer prices.

U.S. Wealth Management CEO John Napolitano discusses how accountants can talk with their financial planning clients about the recent swings in the stock markets, in an interview with Accounting Today editor-in-chief Dan Hood.

The AICPA announced their 2015 Leadership Academy graduating class on Thursday. The 37 future leaders of the profession participated in an intensive four-day program in Durham, N.C., which ended last week.

Starbucks Corp. and a Fiat Chrysler Automobiles NV unit are set to be first in the firing line as European Union regulators issue a series of rulings over tax breaks for global companies, including Apple Inc.

The Internal Revenue Service has stamped an approval on Bank of America Corp.’s $8.5 billion settlement tied to bad mortgages sold by its Countrywide unit in the run-up to the financial crisis, possibly setting a standard for agreements with other lenders.

The Bonadio Group's office in Syracuse, NY recently held their "2015 Great Office Chair Race" event this past week. Business teams put on a high speed race on Oct. 5 for charity. The team representing Hospice of Central New York placed 1st and raised $1000 for their efforts.