With tax season rapidly approaching, many people planning their retirement are wondering how their retirement income will be taxed if they move. Also, what other taxes will they have to confront in their new location.Depending on where you choose to live, your tax bill may affect your ability to enjoy the lifestyle you are seeking. Some states are more tax-friendly to retirees than others.Helping to sort all this out is a Web site run by the Retirement Living Information Center.

Since Sarbanes-Oxley was enacted, the Securities Exchange Commission (SEC) and the Department of Justice (DOJ) have increased the number of their accounting investigations and related enforcement actions. During this time, public companies have also been initiating their own investigations due to internal audit findings, whistleblower allegations or proactively after news reports of accounting improprieties at other entities.

The Treasury Department and the Internal Revenue Service are pleased to announce the selection of 41 new members to serve on the nationwide Taxpayer Advocacy Panel (TAP), a Federal Advisory Committee charged with providing direct taxpayer input to the IRS. The new panel members will join 57 returning members to round out the panel of 98 volunteers for 2008. The new members were selected from over 400 interested individuals from all over the country, who applied through an open recruitment period last spring.

The Internal Revenue Service has issued a notice that lists four additional erroneous legal positions that taxpayers should refrain from using as an excuse to avoid paying their taxes.An individual or group may not avoid paying their fair share of taxes by making frivolous legal arguments such as those listed below.

In her annual report to Congress, National Taxpayer Advocate Nina Olson said that the Internal Revenue Service's private tax debt collection program (PDC) is falling way short of projected goals. And, according to Olson, the IRS knows it.In May, the IRS estimated that the program using private collection agencies (PCAs) to pursue delinquent tax debts would raise gross revenue of between $1.5 billion and $2.2 billion over the next 10 years. It was estimated that yearly collections would reach a midpoint average of about $185 million.

By William C. Barrett III, CPA/ABV, CVA, CTP, CCFMThe profession of forensic accounting is like any other industry niche: You evolve to a plateau where track record and honed skills permit you to hold yourself out as a professional. Then, like any other business, you starve a lot before you become an overnight sensation - in demand and truly at the top of your practice in providing value - both on scene and in the courtroom.

Actor Wesley Snipes didn't pay federal taxes on $37.9 million in income from 1999 to 2004, according to documents filed ahead of the actor's tax fraud trial scheduled to begin on Monday in U.S. District Court in Ocala, FL, 80 miles northwest of Orlando. Snipes has attempted to delay his tax-evasion trial by having his lawyer, Robert Barnes, file a motion to move the trial from the central Florida city, only to have those attempts denied Tuesday by a federal appeals court in Atlanta. The actor's legal team argued that Snipes cannot get a fair trial in Ocala.

The Treasury Department and the Internal Revenue Service have released final regulations and a related revenue procedure giving taxpayers greater protection and control over their tax return information held by tax return preparers. Treasury and the IRS also issued a separate request for public comment on a proposal to restrict the marketing of refund anticipation loans and similar products.

Financial Executives Research Foundation (FERF), the research affiliate of Financial Executives International (FEI), has announced the release of two important new pieces of research designed to aid public company management and corporate boards in the efficient evaluation of their assessment of reporting issues and internal controls.A new FERF Study, entitled "What's New in Financial Reporting: Financial Statement Notes from Annual Reports," examines disclosures from 2006 annual reports for the 100 largest publicly-traded companies which used particularly innovative techniques to clearly a