Tax

The number of tax evasion prosecutions fell 5.3 percent last year, continuing a steady decline for at least two decades, according to a new study.

The American Institute of CPAs has sent the Internal Revenue Service a spreadsheet-full of comments on the draft instructions for the revised Form 990 that will be used by tax-exempt organizations to file their returns next year.

The Internal Revenue Service won another tax shelter case, this one involving a sale-in/lease-out transaction.

The New York State Society of CPAs has promoted Joanne Barry to deputy executive director.

The brother of the former manager of the Washington, D.C., tax office has pleaded guilty in a wide-ranging tax scandal.

The Internal Revenue Service reported that its e-file program set another record this tax season, with more than 86 million individual tax returns filed so far this year, a 12 percent increase over last year at this time.

A new initiative aims to create more diversity among corporate tax professionals.

The Virginia Society of CPAs has chosen a new chairman, Gregory F. Lawson, and a board of directors.

Cindy McCain, wife of presidential hopeful Sen. John McCain, R-Ariz., has released the opening two pages of her 1040 return for 2006 after coming under pressure for refusing to provide details of the sources of her income.

The National Conference of CPA Practitioners held a quarterly meeting in Washington to meet with various senators and representatives as well as the Internal Revenue Service, and talk about tax policy.