The Latest

Toshiba Corp. must correct at least 152 billion yen ($1.2 billion) of pretax earnings over a six-year period after an internal accounting probe revealed the company overstated profits under pressure from management.

The Financial Services Roundtable announced today that it will award 23 financial services companies with its “FSR Corporate Social Responsibility Leadership Awards” this Wednesday for their leadership and dedication to improving their communities and their efforts to sharing financial literacy education.

Some of our favorite recent tax fraud cases.

Given the remarkably rapid rise of Internet commerce, it’s no surprise that cash-strapped states are looking for ways to tap into (i.e., tax) the bountiful stream of revenue.

Avalara announced the appointment of David van Toor as general manager of the cloud-based tax compliance solutions provider’s EMEA operations.

E-signature provider Signix has created an infographic about the Internal Revenue Service and e-signatures.

Hodgson Pratt Pratt & Saunders of New Bedford, Mass., has joined the Top 100 firm CliftonLarsonAllen.

BDO USA has expanded throughout Central Florida with the addition of 95 professionals and staff from Cross, Fernandez & Riley LLP.

A new academic study casts doubt on whether efforts to require companies to rotate their audit firms lead to greater professional skepticism on the part of auditors.

Happy Asker, the founder of a pizza chain based in Farmington Hills, Mich., that operated restaurants throughout Michigan, Ohio and Illinois, was sentenced last week to 50 months in prison for income and employment tax fraud.