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A New Orleans woman is facing multiple felony charges for a tax fraud scheme that involved filing false state income tax returns in the names of unsuspecting people, including some prison inmates, according to Louisiana authorities.

J Sainsbury Plc will appoint Ernst & Young LLP as auditor, ending a relationship with PricewaterhouseCoopers LLC dating back about two decades.

Amazon.com Inc.’s hastily reviewed tax deal with Luxembourg doesn’t comply with international accounting standards, European Union regulators said.

Wealthstream Advisors president Michael Goodman discusses how CPA financial planners can provide high-level advice on wealth management to their clients, in an interview with Accounting Today editor-in-chief Dan Hood.

A new report finds that every state tax system, with the exception of the District of Columbia, taxes its poorest residents at significantly higher tax rates than the wealthiest 1 percent of taxpayers.

John Veihmeyer, the global chairman of KPMG and chairman and CEO of KPMG in the U.S., has joined the board of trustees of the Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

The Internal Revenue Service is on the verge of kicking off tax season, opening its Free File service on Friday and electronic filing next Tuesday, while dealing with the latest round of budget cuts that promise to further curtail customer service as the IRS prepares for an onslaught of questions related to the Affordable Care Act.

The AICPA and American Accounting Association (AAA), the founding co-sponsors of the Pathways Commission on Accounting Higher Education, announced major developments in the implementation of the Commission’s recommendations on Thursday.

Xero launched its integrated payroll offering in the U.S.’s three top employer states—California, Florida and Texas.

Leaders of the Senate Finance Committee have formed five bipartisan working groups with the goal of analyzing the tax code and developing policy recommendations for comprehensive tax reform.

Obamacare is about to collide with the U.S. tax-filing season, adding frustration for millions of taxpayers trying to figure out how to comply and how much they will owe the government.

A Louisiana woman and her son are facing fraud charges for their work as tax preparers.

This morning, the AICPA released the results of their PFSi (Personal Financial Satisfaction Index)—a new gauge that weighs a variety of economic factors to calculate the financial standing of typical Americans. The findings saw an overall financial satisfaction into positive territory for the first time since the financial crisis.

Highlights of some of our favorite tax-related blogs from the past week.

Four of the International Federation of Accountants’ standard-setting boards are looking for new members with the right stuff.

AICPA Personal Financial Planning Executive Committee chairman Lyle Benson of L.K. Benson & Co. talks about why the market for financial planning services is growing at CPA firms, in an interview with Accounting Today editor-in-chief Dan Hood.

The practice of tracking time in accounting firms—and the role that time plays in pricing services and making billing decisions—has been the subject of endless discussion.

The House voted Wednesday to approve legislation rolling back a variety of financial regulations on business, including a requirement for companies with less than $250 million in annual revenue to file their financials in Extensible Business Reporting Language format with the Securities and Exchange Commission.

The latest plan in Congress to cut business tax rates faces a major obstacle: U.S. businesses.

National Taxpayer Advocate Nina E. Olson released her 2014 Annual Report to Congress, which expresses concern that taxpayers this year are likely to receive the worst levels of taxpayer service since 2001 when the IRS implemented its current performance measures.