An electrical fire in the basement of the Internal Revenue Service's Washington headquarters led to an evacuation and shutdown of the building yesterday.

The projection of the composite application--an application that incorporates data from a variety of sources such as a financial software--looked very appealing.

A congressional panel has scrapped President Bush's proposed budget cuts for hospitals and other Medicare providers, but preserved the president's plan to slash spending levels.

Public companies and their auditors will have some added leeway to ensure compliance with still unfinalized Public Company Accounting Oversight Board rules restricting the kinds of tax services auditors can provide.

For the 2005 fiscal year, just 30 out of the country's more than 180,000 millionaires received a face-to-face audit from the Internal Revenue Service, according to Syracuse University's Transactional Records Access Clearinghouse.

For the past couple of weeks, I've kept running across blog entries referencing a cool graphical representation of how the federal government allocates tax dollars. I finally decided to check out the chart, which has been years in the making.

On-demand sales tax calculation services provider Avalara has launched AvaRates Now -- a free, map-enhanced tool that provides accurate rates for any North American location in real-time.