Sage Intacct has been introduced into the Australian market. It is the first step in Sage’s plan to take the cloud financial product global with entry into the United Kingdom planned by the end this year, according to a product manager.

A former Fort Lauderdale, Fla.-based CPA has been indicted on charges of failing to report his holdings in international accounts and filing false documents with the Internal Revenue Service. The charges were filed in a superseding indictment against Brian Booker who operated a Panama-based cocoa trading company.

The American College of Tax Counsel is urging the chief counsel of the Internal Revenue Service to re-evaluate a legal standard holding taxpayers responsible for verifying tax return filings. The organization’s Board of Regents said there is no way for taxpayers to electrically file verify that filings have been received by the Internal Revenue Service.