The American Institute of CPAs has hired Lakecia Foster Stickney as director of congressional and political affairs. She is responsible for representing the AICPA before Congress, the Administration and other major public policy organizations, and for implementing advocacy initiatives of the accounting profession.

Paychex began fiscal 2018 with what CEO Martin Mucci called a "solid" start. For its first quarter ended August 31, the payroll services company reported net income of $227.8 million, a 5-percent increase from $217.4 million in last year's corresponding period.

A 39-year-old Dallas, Texas, tax preparer, who was a fugitive for more than two years, had pled guilty to obstruction of justice. Shannon Tecoko Mays also faces a lengthy prison sentence because of his guilty plea to a February 2014 indictment that said he sought more than $6 million in refunds via bogus returns.