The Latest

A Russian appeals court has given PricewaterhouseCoopers' Russian firm the right to appeal a tax evasion case involving the firm's audits of the bankrupt Yukos oil company.

Vertex has acquired Levyti Consulting's Global Tax Office software and plans to market the product with its own global income tax and compliance systems.

More than 27,000 health care providers who were paid by Medicare had unpaid payroll and other federal tax debts totaling over $2 billion in 2006, according to a study by the Government Accountability Office.

Despite significant progress in streamlining efficiency at government finance departments around the world in the past decade, 48 percent of public officials believe their organizations lack adequate financial management capabilities, according to a new survey by Deloitte.

Olympic gold medalist Wendy Lansbach Boglioli gave a thought-provoking talk last week at the New York State Society of CPAs’ Personal Financial Planning and Eldercare Conference about the importance of long-term care insurance.

We all want to do more productive, efficient work.

The Securities and Exchange Commission plans to launch an ambitious project to re-examine how companies and other entities should make financial disclosures to take advantage of the latest technologies.

REMINDER: Time to submit an entry for Practical Accountant’s Practice Innovation Award is running out. For application information, see the June issue of Practical Accountant. I don’t know about you, but I am getting tired of surveys. Especially those that promise you that filling it out will only take “a couple of minutes.” The last one that I filled out was for a major hotel chain conducted by a very, well-known company that conducts surveys nationwide.

The Internal Revenue Service is trying to cope with rising gas prices by increasing the optional standard mileage rates that taxpayers can use to calculate the deductible costs of operating an automobile.

The late comedian George Carlin had a $3 million tax debt that took him about two decades to pay off, but he credited the debt with keeping him working as a comic.