International

7,500 accept IRS amnesty, speculation program might be extended

10/27/2009 - 18:49 - 1853 reads

The IRS is proudly announcing that it was able to gather up 7,500 volunteers in its international tax evasion net.

Prince Charles asks for help from U.S. accountants

10/21/2009 - 18:43 - 1416 reads

CPAs can take a leading role in developing the tools and information necessary for companies to embed sustainability issues effectively in their operations.

AICPA calls for permanent funding source for IASB

10/07/2009 - 19:52 - 649 reads

"We believe it is imperative the foundation find a permanent funding solution for the International Accounting Standard Board's activities," said AICPA President Barry Melancon.

IRS extends amnesty deadline to October 15

09/21/2009 - 13:27 - 1745 reads

The IRS has announced a one-time extension of the deadline for special voluntary disclosures by taxpayers with unreported income from hidden offshore accounts.

Amnesty deadline looms for offshore account holders

09/15/2009 - 17:36 - 1349 reads

There is still time for taxpayers who have failed over the years to report income in foreign bank accounts to participate in the IRS Voluntary Disclosure program.

U.S. and Monaco agree to exchange tax information

09/15/2009 - 11:08 - 1116 reads

The U.S. Department of the Treasury has announced that the United States and Monaco have signed an agreement to allow for the exchange of information on tax matters between the two countries.

Federal regulators say accounting changes need global reach

09/14/2009 - 13:59 - 1612 reads - 1 comment

Changes in accounting standards, rules, and policies for financial institutions must be coordinated globally in the effort to help avoid a recurrence of the economic crisis.