The Latest

Bernard Madoff's longtime auditor is gravely ill with cancer and his family has reportedly lost much of their money from investing in the $50 billion Ponzi scheme.

Eighty-three of the 100 largest publicly traded U.S. corporations in terms of 2007 revenue reported having subsidiaries in jurisdictions listed as tax havens or financial privacy jurisdictions, according to a new report from the Government Accountability Office.

A federal court has ordered a Louisiana CPA to stop claiming improper tax deductions for the business expenses of his mariner clients.

The Internal Revenue Service has issued interim guidance on the ability of a tax return preparer to use statistical compilations of anonymous tax return information to support their business.

Retirement recordkeeping software developer ExpertPlan has acquired Actuarial Enterprises Inc., a third-party administrator of defined benefit and insurance plans.

You’ve seen it happen.

The Group of 30, a set of economists from around the world, has produced a report recommending a series of reforms to address the financial crisis and provide financial stability.

The Internal Revenue Service implemented a new electronic filing system knowing it contained security vulnerabilities that could put taxpayer information at risk.

A man who operated several tax preparation businesses has been sentenced to 11 years in federal prison after he was convicted of defrauding clients and the Internal Revenue Service.

The American Institute of CPAs, the Chartered Institute of Management Accountants and the Society of Management Accountants of Canada have given awards to three individuals for management accounting research.