Taxes

CPA Editorial - David Bergstein v2

A federal judge on Wednesday threw the figurative book at a former Tennessee businessman who wrote a literal book on how to dodge income taxes.

Although the Internal Revenue Service’s (IRS’s) travel card program controls are generally effective, the agency needs to take more aggressive action to address card misuse.

With the IRS scandal over targeting conservative groups still simmering, two senators -- one from each party -- say the time is ripe to push the beleaguered agency to go after a real, proven target: federal employees who are tax cheats.

There goes the judge... to prison. In a Michigan courtroom on Tuesday, former Michigan Supreme Court Justice Diane Hathaway was sentenced to one year and one day in prison and ordered to pay $90,000 in restitution.

With unemployment down and increasing business investments, the mayor of Denver, Colorado and the city's Office of Economic Development announced on Monday that the city's economy is strong and getting stronger.

The chief lawyer for Koch Industries said Friday that government targeting of conservative political groups is nothing new to the Wichita-based company.

Oklahoma Governor Mary Fallin's administration rejected a plan to distribute debit cards worth $1,200 - funded with federal money - to tornado-stricken families early this week after determining that more traditional efforts were meeting the affected area's needs.