AT Think

Kmart’s ex-CEO, Charles Conaway, has been ordered by the SEC to pay over $10 million for misleading investors about the company’s financial position in the months leading up to its 2002 bankruptcy.

Everyone knows tax season can be brutal so it’s always good to hear when firms are offering ways to lighten the load.

The New Jersey Nets are hoping to attract a bigger audience to their basketball games by offering free tax preparation services if they attend a game this Friday night.

The National Conference of CPA Practitioners and the American Institute of CPAs have teamed up again to award 11 scholarships to graduating high school seniors from nine states as part of a joint program.

States across the country have been trying to plug their budget gaps by hiking taxes, including seven increases in sales taxes last year.

Here’s an idea to try if you’re in need of a busy season break and want to do something good for the world at the same time – tee-off for charity. That’s what Reading, Penn.-based Herbein + Company did, complete with a post-game party for staff.

The Crow Creek Sioux Tribe, which lost a 7,100-acre parcel of land last December after the IRS sold it to pay off $3.12 million in delinquent employment taxes, has worked out a deal to settle its tax debts and get a loan to buy back the land.

Stacy Sturgeon, a partner in KPMG’s audit practice, has been named the firm’s new national managing partner for university relations and recruiting, succeeding Manny Fernandez, who has served in the role for the past four years.

An IRS building in Ogden, Utah, had to be evacuated Monday after a suspicious substance was found.

Roger CPA Review and Golden Gate University are teaming up to offer accounting students some help – they can now take CPA Exam review classes for college credit.