Practice Management

David Kellermann, the acting chief financial officer of mortgage finance concern Freddie Mac, was found dead at his home of an apparent suicide.

A Utah attorney who hasn’t filed a tax return since the 1980s was fined $250,000 and sentenced to three years in prison for impeding the Internal Revenue Service.

Senate Finance Committee Chairman Max Baucus, D-Mont., praised President Obama’s picks for chief counsel of the Internal Revenue Service and assistant secretary for financial stability.

More than half of the business professionals polled during a recent Deloitte webcast said the level of transparency the Obama administration promises to attach to bailout spending is not possible.

Bernard Madoff’s accountant, David Friehling, is facing an extra month of uncertainty over his legal status after prosecutors filed a continuance with the court.

Sen. Charles Schumer, D-N.Y., along with the five New York City District Attorneys, has unveiled The Fighting Real Estate Fraud Act of 2009, a measure to help fight mortgage fraud scams across the country.

Former CPA Dan Wise has been arrested and charged with operating a $67 million fraud.

The Treasury Department’s Inspector General for Tax Administration is urging the IRS to ensure better compliance by tax-exempt organizations that don’t file their tax returns.

The U.S. Bankruptcy Court has given the go-ahead for Deloitte to acquire substantially all that remains of consulting firm BearingPoint’s North American public services practice for $350 million.

New York-Northeast super-regional CPA and business advisory firm J.H. Cohn has unveiled a new ad campaign with the tagline, "The Experience to Face the Unprecedented."The effort, which continues to use Major League Baseball manager Joe Torre as the firm's spokesman, will appear in outdoor, print and radio spots. Currently print ads are running in The Wall Street Journal and The New York Times. Radio spots are scheduled to begin in September.