The Latest

IRS employees continue to refer to some people who refuse to pay taxes to the federal government as “illegal tax protesters,” despite a 1998 law prohibiting use of the term.

The American Institute of CPAs has promoted assistant general counsel Michael J. Buddendeck to the job of general counsel and secretary.

Three Democratic senators have introduced a bill that would end tax subsidies for the five largest oil companies.

I’m thrilled to report that while in Singapore last month, I had the great honor of interviewing investor and author Jim Rogers in person. He was extremely kind in hosting me and entertaining my questions, and I’m excited to be able to share our fun 45-minute chat with you here.

The Securities and Exchange Commission’s Financial Reporting Manual has been attracting Lady Gaga fans, thanks to a story we ran here.

The Financial Accounting Standards Board appears to be once again on the slow path to convergence with International Financial Reporting Standards, but it will probably get there in the end.

The Internal Revenue Service has filed suit in U.S. Tax Court against three-time Indianapolis 500 champion Helio Castroneves after he won a high-profile victory against the IRS two years ago and paid $5 million in taxes.

Friedman LLP said Tuesday that the former partners of Tracey Heun Brennan & Company of Linwood and Toms River, N.J. have joined its practice, effective May 1, adding four practice leaders and two new office locations to the firm.

The Federal Deposit Insurance Corp. has proposed a $2 million fine against Republic Bank & Trust Co. after the bank tried to coach tax preparers using its refund anticipation loan products on how to respond in case the FDIC visited them.

An interactive, Web-based tool is helping Internal Revenue Service employees to provide customer-specific tax law responses efficiently and accurately, according to a new government report.