The Latest

U.S. Senate leaders are rushing to lock up an agreement to end the fiscal impasse, stepping in after House Republicans’ last-minute plan to avert a U.S. government default collapsed.

Mastering payroll compliance continues to be a challenge that many small business owners struggle to control.

New Zealand-based cloud accounting software developer Xero has raised $150 million in a new round of funding aimed at unseating Intuit as the small business accounting software leader.

Internal auditors, external auditors, board members and financial executives disagree over who has responsibility for deterring and detecting financial statement fraud, according to a new report.

The United Kingdom’s Competition Commission has published its final report on the audit market, proposing that publicly listed companies to put their audit contracts out for bid at least every 10 years.

How can you bring growth back into your firm?

The Income Tax School Inc. has introduced the All-States Individual Income Tax Guide, aimed at students of the company’s ITS Comprehensive Federal Income Tax Course in individual Form 1040 Individual Income Tax Preparation.

Teresa Mackintosh has been named president and CEO of CCH Tax & Accounting U.S., effective immediately, by parent company Wolters Kluwer.

Xero announced that it has raised $150 million to fund expansion in the United States and essentially help it compete against its primary rival Intuit and its QuickBooks product.

Michelle Golden, founder and president of the independent strategic advisory firm, Golden Practices, has agreed to join Top 100 Firm Kennedy and Coe as its newest shareholder and growth leader.