Taxes
Latest News
IRS-CI Releases Its FY 2024 Highlight Reel
AICPA Releases Statement on BOI Injunction, FinCEN Appeal
PCAOB Says Audit Firm Culture is Tied to Audit Quality
PCAOB Punishes New York Audit Firm, Three Partners for Deceiving Inspection Staff
South Carolina Governor signs $1 billion transportation funding bill
After Gov. Nikki Haley signed into law Monday a bill pledging to spend close to $1 billion over the next 10 years to repair S.C. roads, state Department of Transportation Secretary Robert St. Onge said what a lot of people were thinking.
IRS: Tax fraud turns to murder charges in California
When Oakland, California rapper Brondon "Thudda Boy" McDaniel decided on his own last year to commit tax fraud, using a scheme he and two others devised a year earlier, he didn't realize the decision would result in his death, a prosecutor said Monday.
NFL: Dolphins owner forms super PAC
Miami Dolphins owner Stephen Ross has begun exacting his political revenge against state lawmakers who stood in the way of his proposed renovation to Sun Life Stadium.
Mortgage lending rising again as banks ease policies
Real estate agent Mickey Knickerbocker was as surprised as anybody when her client closed on a $905,000 Manhattan Beach town house using "piggyback" financing: a two-mortgage deal designed to minimize the down payment.
Massachusetts couple sues accountant for tax troubles
A Middleton, Mass., couple who admitted to federal tax charges that sent the husband to prison and the wife to a halfway house have blamed their accountant for their predicament.
State & local governments losing out on $1.5B per a year in uncollected sales taxes
A national report released on Friday suggests that local governments across the country are losing out on more than $1.5 billion a year in revenue due to uncollected sales tax on Internet purchases.
Payroll service provider gets 6.5 year prison sentence, $26.7M restitution to IRS
A federal judge on Friday sentenced Robert R. Sacco, the owner of a Dayton, Ohio-based payroll company, to 6 1/2 years in prison and ordered him to pay $26.7 million to the Internal Revenue Service.
California unemployment rate falls to 8.6%
California's unemployment rate fell below 9 percent for the first time in nearly five years last month, signaling the economic recovery is finally gaining traction.