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The Internal Revenue Service said Tuesday it has updated its FATCA Foreign Financial Institution List to coincide with the rollout of the Foreign Account Tax Compliance Act.
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Payroll service provider Paychex is seeing signs of improvement in employment at small businesses in the first six months of 2014, although it has also found a slight drop-off in the past two months.
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The Treasury Department and the Internal Revenue Service have issued final rules on longevity annuities, which can help retirees manage their savings to ensure they have a stream of regular income as they get older, making longevity annuities accessible to the 401(k) and IRA markets.
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The Internal Revenue Service has introduced a new 1023-EZ form that shortens the application that charities need to submit if they want to be granted tax-exempt status under Section 501(c)3 of the Tax Code.
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The American Institute of CPAs Auditing Standards Board has issued two new auditing interpretations in response to the Governmental Accounting Standards Boards new pension reporting standards.
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The Public Company Accounting Oversight Board announced the schools of the 102 academic recipients of $10,000 merit scholarships intended to encourage students to pursue an auditing career.
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Taxware is merging with Convey Compliance Systems, the private third-party filer of 1099 forms.
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The Internal Revenue Service said that unused Individual Taxpayer Identification Numbers, or ITINs, will expire if they are not used on a federal income tax return for five consecutive years.
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Hughes Pittman & Gupton announced support of NC IDEA, which provides grants to North Carolina-based startup companies.
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