Tax

Corporate tax executives need to closely watch other countries' transition to International Financial Reporting Standards as it could affect their global tax planning, warns a report issued by Deloitte.

An appeals court has affirmed the dismissal of indictments against 13 former KPMG partners and employees in a tax fraud case involving tax shelters set up by the firm for clients.

A man threatening to kill himself over his finances instead rammed his car into an Internal Revenue Service building.

A chiropractor was sentenced to 21 months in prison for following the tax defiance advice promoted by actor Wesley Snipes' recent co-defendant.

Jefferson Wells has acquired the Gelber Organization to build its state and local tax services.

The Democratic Party approved its platform at its national convention in Denver, including a number of planks related to taxes.

Vertex has updated its O Series tax software, expanding the product's global tax management and compliance features.

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The Securities and Exchange Commission has approved a new rule and amendment to an existing rule from the Public Company Accounting Oversight Board related to ethics, independence and the provision of tax services.

A former Internal Revenue Service agent was sentenced to 30 months in prison for helping a heroin dealer to buy a $65,000 BMW 745i while concealing his ownership of the vehicle.