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The campaign for the Republican nomination for president is poised to become a race to the biggest tax cut.

Vertex SMB introduced a returns-only offering of its cloud-based solution.

Each New Year brings with it issues and regulations—both new and revisited—that cause accountants and their small business clients to scramble in order to remain compliant with the law.

While the major international accounting firms no longer do business in Iran, the country’s own accounting firms have been faring well, according to a new report.

Accounting Today’s Top 100 Firms and Regional Leaders shared their strategies onhow they attract new talent to their firm. Some firms are shelling out the dough with sweet recruitment bonuses and reimbursement programs, while others are beefing up their search at colleges and universities.

Zuora announced a new $115 million investment, bringing the total amount of capital raised to fund its RBM platform to $250 million.

A married couple who are partners in a Louisiana tax preparation service are also allegedly partners in crime, according to prosecutors.

The Internal Revenue Service said it has federal income tax refunds totaling $1 billion waiting for an estimated 1 million taxpayers who did not file a federal income tax return for 2011.

The Internal Revenue Service generally has adequate processes in place to prevent inadvertent disclosures of taxpayer information to unauthorized people, but it also understates the number of inadvertent disclosures it makes, according to a new government report.

The leaders of the Senate Finance Committee, chairman Orrin Hatch, R-Utah, and ranking Democrat Ron Wyden, D-Ore., have revived a bipartisan effort to solicit ideas from interested members of the public and other stakeholders on how best to overhaul the tax code to make it simpler, fairer and more efficient.