The Latest

The 64-year-old owner of a Maryland tax preparation business has been sentenced to 210 months in prison for a tax shelter scheme in which he colluded with an IRS revenue officer.

Nicholas Canitano has joined the federal tax practice of KPMG LLP as a managing director.

Cristal Cosme, an audit senior at Los Angeles-based Green Hasson Janks, has received the firm's 2010 Community Service Award.

Mark Staley, an associate director at Baton Rouge-based Top 100 Firm Postlethwaite & Netterville, has been appointed to the Sage Business Partner Advisory Committee.

Top 100 Firm Mayer Hoffman McCann PC promoted 11 staff members from around the country to shareholder.

Intuit reported Thursday that it has seen an increase in the number of tax returns electronically filed by professional preparers so far this tax season.

The Tax & Accounting business of Thomson Reuters has released a browser-based version of its property tax software.

Starting this fall, Carlow University in Pittsburgh will offer a new master of science degree in fraud and forensics that will focus on the detection, investigation and prevention of white-collar crime.

The American Institute of CPAs and the Chartered Institute of Management Accountants are teaming in a joint venture that would create an international designation for management accounting.

CCH has released a video explaining the tax treatment of any gambling winnings from the March Madness college hoops brackets and other forms of betting.