The Latest

Mike “The Situation” Sorrentino, a member of the cast of MTV’s reality series “Jersey Shore,” and his brother Marc Sorrentino, have pleaded guilty to federal tax charges.

The Treasury Department and the Internal Revenue Service have released a new notice giving multinational companies some extra guidance to help them calculate the “transition tax” on untaxed foreign earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act.

The Treasury Department updated its strategy for the Internal Revenue Service in advance of the failure of negotiations to keep the government open.

The Internal Revenue Service has revised the streamlined application form for groups that are applying for tax-exempt status.

The Tax Cuts and Jobs Act has been marketed as a much-needed simplification for American taxes, and American expatriates comprise a tax-paying demographic most in need of simplification of the tax requirements.

A new notice will allow manufacturers, producers and importers to avoid the failure to deposit penalties, provided they meet certain requirements.

The value-added reseller offers outsourced accounting services, tax services and financial counseling, cloud technology as well as Sage Intacct software.

Belfint, Lyons & Shuman votes in director and shareholder; Schenck names next president; and other recent hires, promotions and personnel news from firms across the country.

Hong Kong, which has faced a slew of criticism on company financial reporting, is set to create a new framework to oversee auditors of listed entities in the city.

Baker Tilly grants wishes with new nonprofit campaign; Bennett Thrasher adds tax controversy practice; and more news from CPA offices across the country.