The Latest

Fifty years after the untimely death of film legend Marilyn Monroe, the courts are apparently still hearing challenges over her estate and her taxes.

The Internal Revenue Service has issued new procedures to help nonresident U.S. taxpayers, including dual Canadian citizens, comply with U.S. tax laws even if they have previously undeclared foreign bank accounts.

Revenue at accounting firms increased 3.8 percent in 2011, a significant improvement from the 1.7 percent increase in 2010, according to Rosenberg Associates’ annual MAP survey.

During my preparation for a recent client engagement, I was reviewing client satisfaction statistics from our industry, collected from a variety of surveys taken over the past several years.

The new addition allows the Ohio-based regional firm to enter Central Florida

Genworth Financial Investment Services, a firm that specializes in helping approximately 1,800 tax and accounting professionals integrate wealth management into their practices, is being renamed Cetera Financial Specialists after being acquired earlier this year.

CFOs at multinational companies are beginning to change their minds about using tax policy as a way out of the economic doldrums.

A Bloomfield, N.J., tax return preparer has been sentenced to 18 months in prison for preparing returns with false deductions to secure large refunds for clients.

A federal court has permanently barred tax lawyer Scott A. Waage of San Diego and his law firm from providing tax advice and from preparing federal tax returns for others.

As hurricane season begins, the IRS directs preparers and taxpayers to its disaster-planning primer designed to help preserve tax records before and after catastrophes.