A federal court has barred a Louisiana tax preparer Angelina Adams aka Angelina Morris, and her firm,Angie's Tax Service. from preparing federal tax returns for others. The Justice Department said for tax years 2013 and 2014, Adams may have generated more than $10 million in bogus deductions for her clients.

Liberty Tax Services said this week its board of directors had decided to terminate John Hewitt as CEO and president. The company issued a statement that the hiring of Ed Brunot as COO on June 1 was part of a deliberate succession planning process and it will announce a new CEO "in the coming days"

A Hawaii businessman, aided by his accountant, has been accused of failing to report more than $3 million of his firm's revenue. Assisted by accountant, Michael H. Higa, Wagdy A. Guirguis allegedly transferred assets to avoid an IRS assessment of about $812,000 on unpaid employment taxes for his engineering company GMP Associates and other businesses. 

Bloomberg BNA has introduced Tax Management Portfolios for several countries and regions. The releases includes include specific portfolios and a  new edition of Business Operations in the European Union – Regulatory, which complements the existing European Union Portfolio dealing with EU tax issues.

"With in-depth analysis and practical guidance from leading practitioners integrated with primary source material, practitioners can more effectively manage their international tax obligations," said George Farrah, Editorial Director, Bloomberg BNA's Tax & Accounting division.

Written by in-country experts, each portfolio covers a country's tax and business regulatory system. They are designed to help tax practitioners and investors gain clear and structured insight into the country's major direct and indirect taxes.

The country volumes include new editions of country portfolios: Brazil, Denmark and Switzerland, Portfolios for new areas include operations in the Baltic States,
Greece and Peru.