The Latest

Some big-dollar tax deductions that affect businesses are set to expire in 2013, so now’s the time to make sure your company considers taking advantage of them for the current tax year. Doing so may allow you to buy more equipment, send less to the IRS, or both.

The Securities and Exchange Commission and the Public Company Accounting Oversight Board are expanding their efforts to deter accounting fraud, reaching out to academics, practitioners and others to find ways to better detect accounting fraud.

The Philadelphia offices of PwC will be donating $200,000 to five area nonprofits, funded through grants from the PwC Charitable Foundation.

The International Accounting Standards Board has introduced a new hedge accounting model as a major step forward in the financial instruments project on which it has been collaborating with the Financial Accounting Standards Board.

At a hearing Monday before the IRS, a number of employer groups urged the agency to alleviate the burdens and costs to employers of health care coverage reporting under the Affordable Care Act by allowing for greater flexibility and simplification in the reporting requirements.

The Internal Revenue Service has issued a consumer alert about possible scams taking place in the wake of Typhoon Haiyan.

Senate Finance Committee chairman Max Baucus, D-Mont., has released the first in a series of discussion drafts for overhauling the Tax Code, with the first set of proposals focusing on international tax reform.

Paychex Inc. has officially introduced Paychex Accounting Online – a secure cloud accounting offering aimed at small businesses and powered by strategic partner Kashoo.

Nonprofit software provider Abila has added a number of new features to its Abila MIP Fund Accounting 2014 and Abila Fundraising 50 2014 solutions, enhancing the former’s mobile capabilities and the latter’s fundraising event planning.

FinancialForce.com has acquired human capital management software maker Vana Workforce and supply chain management software business Less Software for an undisclosed amount.