Tax

Actor Wesley Snipes was found not guilty of felony charges of tax fraud and conspiracy, but was found guilty on three misdemeanor charges of failing to file a tax return for three years.

The Treasury Department and the Internal Revenue Service issued guidance on new pension-funding rules included in the Pension Protection Act of 2006.

Accountants Mike Karlins and Glea Ramey have purchased the Woodlands, Texas office of UHY Advisors TX and opened an independent firm, Karlins & Ramey LLC, CPAs.

The Internal Revenue Service has issued changes to the 2007 instructions for Form 1040 and Form 1040NR because of the Tax Technical Corrections Act of 2007.

Taxpayers in the United Kingdom faced problems filing their taxes in time for the deadline when the government's Inland Revenue site returned error messages.

The Senate Finance Committee held hearings on the nomination of Douglas Shulman to be commissioner of the Internal Revenue Service.

The American Institute of CPAs told the Internal Revenue Service and the Treasury Department of its strong opposition to tax patents in a letter commenting on proposed regulations.

Congress can't seem to agree on what to do about an economic stimulus package, which could mire the effort to produce an effective package in time to do some good.

A man who was rumored to be Babe Ruth's nephew and namesake, George Herman Ruth, and a fellow jail inmate, were convicted of defrauding the Internal Revenue Service of approximately $360,000 after filing false tax returns while in jail.

The defense in the Wesley Snipes tax evasion trial has rested without calling any witnesses.