The Latest

Millennials are seeing gains in wage and employment growth, according to new data from payroll giant ADP that also found significant gains among older workers who delay retirement.

Baker Newman Noyes, one of the nation's top 125 accounting firms, recently hosted 17 college students in Portland, ME for a unique three-day internship. The program was designed for students to gain insight into what a career in public accounting entails and to experience the firm's culture and atmosphere hands-on.

More than 300,000 taxpayers overpaid the Individual Shared Responsibility Payment for health insurance on their tax returns processed through the end of April, according to a new report from the National Taxpayer Advocate.

The AICPA will release the next quarterly results of the AICPA PFSi (Personal Financial Satisfaction Index),the economic gauge that measures the personal financial standing of typical Americans, at 7:00 a.m. EDT, Thursday, July 16.

The U.S., Japan and Europe are being accused of blocking developing countries from participating in efforts to combat international tax evasion.

Republican presidential candidate Rand Paul sued the Treasury Department and Internal Revenue Service over rules on how Americans abroad are taxed and what foreign banks must disclose about U.S. customers.

Optimism about the nation’s economic outlook among U.S. business leaders rose in the second quarter of the year, according to the Grant Thornton International Business Report.

The conservative advocacy group Judicial Watch released new Department of Justice and Internal Revenue Service documents last week indicating that the IRS gave the FBI 21 computer disks, containing 1.25 million pages of confidential tax returns from 113,000 nonprofit social welfare groups operating under Section 501(c)(4) of the Tax Code.

Over the course of more than 40 years in practice and teaching both undergraduate and graduate accounting students, I have encountered some interesting, sometimes humorous definitions of some basic accounting terms.

Neat Company introduced a new invoicing parsing feature that uses the company’s InDocument Identification technology and accounting application integrations.