Tax Strategies

The American Institute of CPAs has named two recipients of its Outstanding CPA in Government Award and said it has leased more than half its office space in New Jersey.

John Gimigliano, former senior tax counsel of the House Ways and Means Committee and staff director of the Subcommittee on Select Revenue Measures, has joined KPMG.

Executive CPA leaders from 81 of the top 100 accounting firms in the U.S. visited Capitol Hill to discuss some of the key legislative issues confronting the accounting profession.

H&R Block has named a new president and CEO, Russ Smyth, the former president of McDonald's Europe.

Rev. Al Sharpton and his National Action Network have settled tax charges with federal prosecutors and agreed to pay between $2 million and $9 million to the Internal Revenue Service.

Joe Francis, founder of the Girls Gone Wild video series, pleaded not guilty to two counts of federal tax evasion, saying he was being victimized by the Internal Revenue Service's whistleblower program.

Eight state CPA associations have signed deals with LeapFile, a company that provides secure file transfers, to offer some of its services to their members for free.

A Senate subcommittee plans to release another blockbuster report on the use of foreign tax havens after the first reports caused repercussions both here and abroad.

The Internal Revenue Service said it plans to send a second set of information packages to an estimated 5.2 million retirees and disabled veterans who have not yet filed their tax returns in order to give them their economic stimulus payments.

The New York State Department of Taxation and Finance has reportedly sent letters to 182,000 individual taxpayers asking them to justify the tax refunds they have requested.