Tax

It isn't the acts of a single executive, or the misses of a particular audit team, that most concern Public Company Accounting Oversight Board member Charles Niemeier when he reflects back on the corporate scandals that resulted in the passage of the Sarbanes-Oxley Act.

Using one of dozens of scenarios, undercover government auditors were mostly satisfied with the levels of assistance they received at several of the Internal Revenue Service's Taxpayer Assistance Centers.

Elaborating on his company's plans to enter the banking business, H&R Block chief executive Mark Ernst said that both the rates and fees the company charges customers for its refund-anticipations loans will be dramatically reduced by the time the 2007 tax season arrives.

In what the federal government is calling the largest personal income tax evasion case ever, a telecommunications entrepreneur pleaded guilty to two counts of federal tax evasion and one count of defrauding the District of Columbia.

For the first time in its history, the U.S. Tax Court will allow a taxpayer to proceed with their petition anonymously.

As previously announced, the Internal Revenue Service will soon begin charging user fees for the residency certification letters commonly used to avoid foreign value added taxes.

After a five-year effort, the American Society of Appraisers is taking credit for some of the provisions contained in the Pension Protection Act of 2006.

A case questioning the legality of a Kentucky law that exempts the interest on most municipal bonds from being taxed by the state -- when the investor is a resident of the state -- could have far-ranging effects for the $2.3 trillion municipal-bond market.

A report from the Treasury Inspector General for Tax Administration estimates that computer programming woes cost the country more than the $200- to $300-million range originally estimated by the Internal Revenue Service.

The lead singer of the Isley Brothers, Ronald Isley, has been sentenced to three years and a month in prison for tax evasion charges.