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The U.S. Securities and Exchange Commission is investigating whether Boeing Co. properly accounted for the costs and expected sales of two of its best known jetliners, according to people with knowledge of the matter.
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Treasury Secretary Jacob Lew has reportedly fired off a letter to officials in the European Union complaining about recent tax investigations of U.S.-based multinationals like Apple, McDonalds, Amazon and Starbucks.
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The Senate has included a permanent ban on taxes for Internet service within a larger trade enforcement bill that was passed Thursday.
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Highlights of some of our favorite tax-related blogs from the past week.
February 11 -
The Internal Revenue Service nearly doubled the amount of money it paid to tax whistleblowers last year and is taking steps to make the process move faster.
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Accounting firm MBAF has merged in Rampell & Rampell, P.A., a firm based in Palm Beach, Fla., expanding MBAFs presence in South Florida and adding more expertise in various specialties.
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The Governmental Accounting Standards Board issued a guidance Thursday to provide clarity about how certain component units incorporated as not-for-profit corporations should be presented in the financial statements of the primary state or local government.
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An Internal Revenue Service employee who worked for the Taxpayer Advocate Service, where her job was to help taxpayers resolve their identity theft problems, pleaded guilty to stealing identities and orchestrating a tax-fraud scheme involving up to $1.5 million in fraudulent income tax returns.
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The Executives' Club of Chicago (EC) recently announced a new relationship with Deloitte with the formation of the Diversity Leadership Council, which works to expand diversity and inclusion awareness, best practices and thought leadership for Chicago's business community.
February 11
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Maryland's comptroller has suspended processing electronic and paper tax returns from 11 private preparers at 14 locations.
February 11