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Below please find daily updates pertaining to the latest in financial, business, and tax news:

AccountingWEB.com - News

Hiring outlook good for accounting pros

At a time of high unemployment and low hopes, jobs in the accounting and auditing fields are expected to grow.

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Charles 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.

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Interesting vs. interested ? advice from a prospect

By Edi Osborne

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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.

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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.

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