Practice Management

A former UBS banker who cooperated with the U.S. investigation of the Swiss bank was sentenced to over three years in jail for helping a billionaire real estate developer evade $7.2 million in taxes.

A former CFO who embezzled money from the magazine publishing company he helped run has been sentenced to two years in prison and three years of supervised release.

The knee-jerk reaction to the significant downturn in the economy isto cut, cut, cut - each and every expense line on your incomestatement.

A Swiss banking executive and lawyer have been indicted on charges of conspiring to defraud the U.S. in a sign that the IRS is now looking beyond UBS in its international tax enforcement efforts.

The Internal Revenue Service does not have a standardized process for monitoring the progress of its research projects, nor a way to validate the results or measure the impact of its research efforts on tax administration.

A new study from sales tax software vendor Sabrix found that 95 percent of the companies it surveyed underestimated their sales tax liability and nexus footprint across state lines.

A California accountant has pleaded guilty in a case in which he and an attorney have been charged with evading millions of dollars in taxes earned from the sale of public shell companies.

Swiss bank UBS will turn over the names behind 4,450 accounts as part of an agreement announced Wednesday between the U.S. and Swiss governments.

The Internal Revenue Service has set Wednesday, Sept. 2, as the second date in a series of public forums to discuss performance standards for tax preparers.

Accounting and financial services provider LECG plans to merge with Smart Business Advisory & Consulting in a deal valued at $25 million in cash and $39.9 million in stock.