Tax planning

A self-proclaimed priest has been convicted of tax fraud after his accountant and girlfriend pleaded guilty.

A federal judge has turned down Jackson Hewitt's request to have a class-action lawsuit dismissed against the company and some of its franchises.

American Idol winner Ruben Studdard is facing tax liens from the Internal Revenue Service and the state of Alabama for failing to pay more than $193,000 in back taxes.

Average U.S. taxpayers subsidize executive compensation by more than $20 billion per year, thanks to various tax and accounting loopholes, according to a new report.

Australian tax authorities are continuing to investigate the taxes of actor Paul Hogan, star of the hit Crocodile Dundee movies.

Web electronics site Newegg has sent an e-mail to customers saying that it will not comply with a controversial New York State law requiring Internet retailers to collect sales tax for purchases by state residents.

A federal court has permanently barred a Tacoma, Wash., woman from selling a tax scam, according to the Justice Department.

Petz Enterprises has introduced TextLink, a text-messaging service for its CrossLink 1040 Professional Tax Software.

British singer and reality TV star Kerry Katona has been forced into bankruptcy after trying to pay off her tax bill.

If you've been to one of this year's assortment of trade shows, user conferences or IRS Forums, you can't help but be impressed with the competence and talent among the vendors purveying their software, hardware and integrated solutions.

The Internal Revenue Service is planning to increase its enforcement efforts by sending out warning letters to a larger group of taxpayers who may be underreporting their income.

The New York State Society of CPAs plans to welcome a series of speakers from the Public Company Accounting Oversight Board to its September 10 conference on current developments under Sarbanes-Oxley.

The Internal Revenue Service has released its revised instructions for the redesigned Form 990 that tax-exempt organizations must submit.

An Internal Revenue Service employee who improperly accessed the financial information of 200 celebrities and sports figures was sentenced to three years’ probation, 60 hours of community service and a $1,000 penalty.

SpeedTax introduced an online CPA Questionnaire that allows accounting professionals to determine their clients' sales tax audit risk.

The Internal Revenue Service released its summer 2008 Statistics of Income Bulletin, featuring tax year 2005 data on the growth of profits and tax liability at foreign-controlled domestic corporations.

A recent study on corporate tax payments has been making waves on the Internet and in Washington in the past week.

A Utah attorney was sentenced to 120 months in prison and 36 months of supervised release after he was convicted of participating in a $20 million offshore tax fraud conspiracy.

Inventor Gilbert P. Hyatt received a jury award of more than $388 million after suing California's Franchise Tax Board for its conduct in auditing him more than a decade ago.

H&R Block ended an eight-month search to fill its president and chief executive posts as the tax-prep giant, headquartered here, appointed former McDonald’s Corp. executive Russ Smyth to those positions.Smyth, who formerly served as president of McDonald’s Europe, succeeds Alan Bennett, who has served as interim CEO since November 2007. Smyth was scheduled to assume the Block helm August 1.