Tax

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.

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.