The Latest

BDO USA said Friday it would add Stone Carlie & Company to its firm, expanding Chicago-based BDO into the St. Louis market and in the process becoming a firm with more than $1 billion in annual revenue after a string of recent mergers and acquisitions.

Abila announced MIP Advance, a new cloud-based offering joining the nonprofit software provider’s true fund accounting MIP family of solutions.

BB&T Corp.’s transaction with Barclays Plc to generate tax credits was “simply a money machine” with no economic purpose and can’t be used to seek hundreds of millions of dollars in U.S. tax rebates, an appeals court ruled Thursday.

Thomson Reuters Checkpoint released a special report on Monday to highlight the prevalence of tax-related identity theft and guide practitioners representing victims.

The Securities and Exchange Commission charged a CPA and his son in New York on Thursday, accusing them of conducting an insider trading scheme involving tips on nonpublic information that they sent in coded email messages disguised as discussions about golf.

Fans of the award-winning AMC cable TV series “Mad Men” are anxiously awaiting the series finale on Sunday, but many longtime viewers may not be aware that the show about Madison Avenue advertising agency executives was partly inspired by a movie about an accountant.

Gumbiner Savett, a Santa Monica-based full-service accounting, taxation and consulting firm, recently congratulated Danny Vivier, the recipient of the "UCLA Department of Economics - Gumbiner Savett Inc. Endowed Undergraduate Prize for 2014-2015."

Popular at times in the past, but perhaps out of favor more recently, QPRTs (Qualified Personal Residence Trusts) may be an idea whose time has returned.

The head of a Senate investigative subcommittee said he plans to look into problems with the health insurance marketplaces set up for the Affordable Care Act that forced many taxpayers to owe some of the tax credit money they had received for buying health insurance.

The owner of a business that provided notary and tax preparation services in Camden, N.J., has pleaded guilty to filing false personal tax returns.