The Latest

IRS managers may start supervising tax audits more closely to help resolve disputes between taxpayers and tax examiners.

CCH has introduced Worldwide Tax Rates and Answers: Calculators, a set of software calculators that help accountants calculate corporate income tax and withholding tax liabilities in 90 countries around the world.

The Internal Revenue Service should check Form 1098 mortgage interest statements to catch tax dodgers, recommended a new report.

The American Institute of CPAs criticized overly broad and disproportionate tax penalties levied on both tax preparers and taxpayers in a report submitted to Congress’s tax-writing committees, the Treasury Department and the IRS.

The Financial Accounting Standards Board has issued a set of proposed changes to fair value measurement rules that would require companies to provide more information about illiquid assets.

IMGCAP(1)] As I spend time with CPA firms and learn about their approaches to developing their talent, exceptional programs rise to the top. One program that comes to mind is WIN@CG, Clifton Gunderson’s women’s initiative. This award-winning, results-oriented platform is worthy of emulation.

When I was 10 years old I vividly recall reading anarticle in my local paper, which chronicled a wild crime spree by twoindividuals. They had apparently robbed something like six banks and in theprocess, shot several people - two of whom died - before they were apprehended.

Tax agents in states including Minnesota, California and Nebraska are using social networking sites like MySpace and search engines like Google to track down tax evaders.

A former IRS compliance officer in Las Vegas has pleaded guilty to accepting a bribe in exchange for preparing a false audit report for a taxpayer.

Hedge accounting software developer Reval has acquired FXpress Corp., a treasury software provider.