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Financial Web site myStockOptions.com has opened an online Tax Center that explains issues related to equity compensation for tax year 2007.

The Justice Department said a federal court in Seattle has permanently shut down a nationwide "warehouse bank" tax defiance scheme that helped its customers evade federal taxes.

The Internal Revenue Service has issued final regulations for determining whether income is derived from sources within a U.S. possession or territory, and whether it is effectively connected with the conduct of a trade or business within a territory.

Treasury Inspector General Faults IRS Security

The first waves of Baby Boomers have turned 62 this year and started claiming Social Security benefits. But, according to the National Association of Insurance Commissioners (NAIC), many are confused about their post-retirement health insurance options. As a result, the association has offered 10 tips that planners should consider with their clients:

The Internal Revenue Service is postponing its tax-filing deadline for victims of the recent floods, storms and tornadoes in four states.

Clifton Gunderson, the 14th largest accounting firm in the U.S., has named Krista McMasters as the firm's first female CEO.

The Senate Finance Committee heard testimony from Roby B. Sawyers, a professor in the College of Management at North Carolina State University and a member of the American Institute of CPAs' Tax Executive Committee, about the institute's recommendations for estate tax reform.

A shortage of skilled labor is constraining the growth of private business, according to a report released by Grant Thornton.

Small businesses are poised to weather the economic downturn, according to a survey conducted for Intuit’s Small Business Division.