"In 2011, the IRS began introducing Fresh Start initiatives that have relaxed rules for payment alternatives. The 2012 results were positive for taxpayers: There were 32% f...
Read More  |  Read Full Article: http://www.cpa2biz.com/Content/media/PRODUCER_C...

Recently there has been an increase in IRS examinations in the restaurant industry as a result of businesses not accurately recording what the "credit card to gross receipt...
Read More  |  Read Full Article: http://www.accountingtoday.com/news/Taxing-Time...

China has agreed to allow the PCAOB to access documents from Chinese accounting firms who have been implicated in accounting fraud.
Read More  |  Read Full Article: http://online.wsj.com/article/SB100014241278873...

"Some of the biggest and most powerful companies in the United States are fighting for a cut in the official corporate tax rate, arguing that it is necessary to allow them ...
Read More  |  Read Full Article: http://www.nytimes.com/2013/05/24/business/in-t...

"The Securities and Exchange Commission has approved the 2013 U.S. GAAP Financial Reporting Taxonomy, giving companies the green light to rely on it for use in preparing an...
Read More  |  Read Full Article: http://www.complianceweek.com/sec-approves-2013...