May 5, 2013
A member of an anti-government movement known as the "Sovereign Movement," has been sentenced to 98 months in prison, followed by three years of supervised release, for his role in a money laundering conspiracy.
May 3, 2013
In a recently released report to Congress, the U.S. Government Accountability Office (GAO) says that while the IRS has collected billions of dollars from offshore tax evasion, it may be missing even more.
May 2, 2013
A federal court in San Francisco has granted an order authorizing the U.S. Internal Revenue Service (IRS) to serve a summons seeking information about US taxpayers who may hold offshore accounts with FirstCaribbean International Bank (FCIB), a subsidiary of Canadian Imperial Bank of Commerce.
April 29, 2013
As we wrap up another busy season, we have the chance to catch our breath and reflect on the past few months. When reflecting to the beginning of 2013, many of us recall the fear of the unknown on various tax guidance and advice we had given the previous year.
April 28, 2013
Bipartisan Majority Overwhelmingly Supports a Level Playing Field for Main St. Retailers
April 25, 2013
The Internal Revenue Service today released its final report summarizing audit results from the IRS’ colleges and universities study, which began in 2008. This final report describes the agency’s multi-year project on a major segment of tax-exempt organizations.
April 24, 2013
Most business owners buy annual tax and assurance services from their accountant easily enough, but when it comes to investing in business advice, owners can be hesitant. Entrepreneurs reckon they know their business better than anyone and many take the attitude “if it ain’t broke, why fix it?”
April 23, 2013
The most recent estimate of the Tax Gap is $385 billion, and the the Internal Revenue Service needs to do more to collect those funds, according to a new report. The Tax Gap is the amount of taxes the agency estimates is owed, but is not reported or paid by U.S. taxpayers each year.
April 19, 2013
Tax day might have been Monday, but "Tax Freedom Day" arrived on Thursday, April 18, the 108th day of 2013, according to the Tax Foundation's annual calculation. Up until today, Americans have been working for the government.
April 18, 2013
Residents in Washington state shouldn't plan to buy any legal pot before well into 2014.
April 18, 2013
Once largely ignored by charities, the under-44 crowd is now out-pacing its elders in their personal giving habits, a trend fueled by social media and volunteerism.
April 18, 2013
O.K., it's now after April 15. If you haven't filed your income tax returns or an extension, it's time for damage control.