Below please find daily updates pertaining to the latest in financial, business, and tax news:
AccountingWEB.com - NewsCharles Rangel steps aside as House Ways and Means chairman
Bowing to pressure from Republicans and Democrats in the U.S. House of Representatives, Charles Rangel, chairman of the tax-writing House Ways and Means Committee, agreed to step down “temporarily,” after a House ethics committee admonished him for accepting corporate-sponsored trips to the Caribbean.
Interesting vs. interested ? advice from a prospect
By Edi Osborne
Massachusetts tax attorney suspended for failing to meet tax filing obligations
Massachusetts Tax Attorney Kevin Kilduff has been barred from practicing before the Internal Revenue Service for 48 months for failing to file a federal tax return, and for filing another five returns late, according to a recent IRS announcement.
Thomson Reuters releases 2010 edition of Mexico Tax, Law, and Business Briefing
The tax and accounting business of Thomson Reuters recently updated its Mexico Tax, Law, and Business Briefing book, which is designed to help companies comply with Mexico's new tax and finance legislation changes, explore opportunities for minimizing the change impacts, and proactively manage audit risk.
Retaining African Americans in the accounting profession
The low number of African Americans in the accounting profession is discouraging, and that number might even be declining despite the best efforts of hiring firms.
