Practice Management

A Canadian citizen was sentenced to nearly three years in a U.S. federal prison after he tried to deposit a $350,000 U.S. federal tax refund in a Washington State bank.

Consumer taxes for retail sales items, gas and cigarettes have all continued to climb in the past year, according to an annual survey of consumption taxes by CCH.

A federal judge in Santa Ana, Calif., has permanently barred Thanh Viet Jeremy Cao and his business, Phoenix Financial Management Group, from preparing federal tax returns.

The Internal Revenue Service could do more to encourage tax preparers to reduce the $345 billion tax gap, according to a new government report.

PKF Pacific Hawaii LLP has acquired Grant Thornton LLP’s Honolulu office.

The Senate has revised the Small Business Jobs Act tax relief and lending bill with amendments scaling back controversial new requirements for 1099 reporting of business transactions.

LarsonAllen is expanding its reach to the Pacific Northwest by merging with Spokane, Wash.-based LeMaster Daniels.

The battle to extend or not to extend the Bush tax cuts has drawn comments from both sides on the potential positive or negative effects of the cuts.

Starting next tax season, the Internal Revenue Service will no longer provide tax preparers and financial institutions with a so-called “debt indicator” that is often used to facilitate refund anticipation loans.

Two years after winning a $206.9 million Powerball jackpot, Ron Miller has sold his New Mexico CPA firm Miller & Associates to Accounting & Consulting Group LLP.