The Latest

The Internal Revenue Service has issued a revenue procedure that describes several safe harbor methods of accounting for certain property costs paid or incurred by cable system operators.

U.S. Congressman Michael Grimm pleaded guilty to a federal tax charge, taking the possibility of prison time in stride as he told reporters after the proceeding that he won’t give up his House seat.

The Internal Revenue Service has issued a new publication to help taxpayers better understand how the Affordable Care Act affects their taxes.

The Mercadien Group wrapped up its 14th annual holiday toy drive last Friday, in support of the Toys for Tots program, sponsored each year by the U.S. Marine Corps Reserve and Marine Toys for Tots Foundation.

The Tax Increase Prevention Act extends the provision that allows certain IRA owners to make tax-free distributions to charity.

The Financial Accounting Standards Board has released guidance to improve the way private companies account for intangible assets in a business combination.

Intuit released its last QuickBooks Online update of the year.

The Treasury Inspector General for Tax Administration has released its Semiannual Report to Congress, with a special focus on how the Internal Revenue Service has handled its responsibilities under the Affordable Care Act.

In early 2014, the Public Company Accounting Oversight Board in the U.S. announced that it was officially abandoning its pursuit of mandatory audit rotation—the somewhat controversial practice that requires publicly traded companies to change their auditor after a designated number of years.

Over the years that I've been writing, in almost 4 million words, I've come up with two statements I feel actually have some value.