A Nevada tax preparer who used police lights on his car and posed as FBI agent to collect a fee, has pleaded guilty in a case involving ID theft and money laundering. King Isaac Umoren, 41, of Las Vegas was also charged with using a phony client list to sell his business for $3.8 million.

 The Internal Revenue Service is hiking standard mileage for business travel for the second half of 2022. An increase to 62.5 cents per mile will be in effect starting July 1.

 Four new quality management standards have been released by the American Institute of CPAs. The standards are effective Dec. 15, 2025.