The Latest

The IRS has warned that the coming three-day weekend typically kicks off one of the busiest weeks of the tax filing season for the service’s phone lines.

The AICPA announced the launch of a new site today, cpapowered.org, which emphasizes the value CPAs can provide to the nation’s 28 million small businesses on strategic planning, compliance reporting and financial management. It is an expansion of the AICPA’s "#CPAPOWERED campaign," created last year to highlight CPAs’ expertise.

The Financial Accounting Standards Board and the International Accounting Standards Board have been holding a series of meetings of their Joint Transition Resource Group as they prepare for implementation of their converged standard on revenue recognition.

In 2015, a number of trends will shape how businesses prepare and file their taxes, as well as receive refunds. Many of these trends are driven by one major force— automation.

Databasics announced a partnership with Intacct to integrate its employee reporting and management automation technology with Intacct’s cloud financial applications.

The Indiana CPA Society’s CPA Center for Excellence has steered its first CPA firm through its new advisory services program.

T100 Firm adds the music and entertainment focused firm Bruce Kolbrenner & Co. to its roster.

The American Institute of CPAs has opened a new Web site that showcases the value that CPAs can provide to small business clients.

U.S. House members pressed the Internal Revenue Service to go easier on cash-dependent small businesses that are at risk of having assets seized by the tax agency.

The Internal Revenue Service’s Fresh Start Initiatives have helped thousands of struggling taxpayers resolve their outstanding tax liabilities, but tax revenue collection could be jeopardized by potential risks, according to a new report.