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Mark Schmidt has been promoted to partner at Sirchia & Cuomo LLP.

The conclusion of 2013 brought the end of 55 tax breaks, which will have serious ramifications.

There are two kinds of treasures on the Web: Those you want to keep forever, and those you only need to keep until you have a few minutes -- which is where the Pocket app comes in.

The owner of Perez Enterprises, a commercial tax preparation business located in Paterson, N.J., was sentenced Thursday to 40 months in prison for filing false tax returns and aggravated identity theft.

Pricing, billing and collecting fees for services are how accountants earn their livings.

With the housing industry finally recovering from the Great Recession, revenue growth at construction companies makes them prime candidates for accounting services.

The Internal Revenue Service reminded home-based businesses and their tax preparers Friday about a new simplified option for claiming the home office deduction that is available for the first time this year, allowing home businesses to deduct up to $1,500 from their taxes.

Credit card and bank card skimmer fraud has spread around the world, stealing from consumers and banks at locations ranging from gas stations to ATMs and restaurants, according to a report from ACCA USA, the U.S. arm of the Association of Chartered Certified Accountants, and Pace University in New York.

Thousands of Credit Suisse Group AG’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three-year probe of how the bank helped them evade taxes.

The 100 largest accounting firms in the United States reported average revenue growth of 7.81 percent for 2013, according to Accounting Today’s new Top 100 Firms list.