The Latest

The Internal Revenue Service did not always follow its own internal guidelines for notifying taxpayer representatives of the filing of a Notice of Federal Tax Lien against their clients, according to a new report.

The Internal Revenue Service has decided to postpone the unpaid furlough day it had scheduled for August 30 after making progress on cutting costs at the agency.

The National Federation of Independent Business and the S Corporation Association released a new study Wednesday showing that S corporations pay the highest effective rates of any business type.

A proposal to drastically cut or abolish state income taxes in Georgia and replace them with higher sales taxes would raise taxes on up to 80 percent of Georgia taxpayers and spike Georgia's average state and local sales tax to as high as 14.5 percent, according to a new study.

ADP has integrated its ezLaborManager product with RUN Powered by ADP Payroll for Partners, with the goal of allowing accountants and other payroll service providers to help their clients with compliance while collecting employee hours and calculating and reporting time and attendance.

The Financial Accounting Standards Board issued for public comment Wednesday a proposal that would define a public business entity.

The American Institute of CPAs has sent a comment letter to the Internal Revenue Service and the Treasury Department highlighting potential problems for international tax entities from the IRS’s proposed regulations related to the net investment income tax.

Nonprofit accounting software maker Blackbaud has released Blackbaud MobilePay, a mobile credit card processing application that is integrated with the company’s payment processing services.

A former school accountant, and her daughter, a schoolteacher, have been found guilty on fraud and money laundering charges.

Recruiting season is approaching once again for public accounting firms, which brings another round of questions that firms need to answer.