The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty. | Deloitte fined £15M in U.K. for Autonomy audits → | | By Michael Cohn 3 min read | | The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty. | |
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| Democrats introduce wildfire disaster tax relief bill → | | By Michael Cohn 3 min read | | A group of Senate Democrats introduced legislation to offer tax relief to individuals, businesses and states affected by catastrophic wildfires and other presidentially declared disasters. | |
| Tax Fraud Blotter: Foul ball → | | By Jeff Stimpson 5 min read | | Difficult and complex; $4,000 tax on $2 million; little horse sense; and other highlights of recent tax cases. | |
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