This article provides an examination of initial Financial Accounting Standards Board Interpretation 48 disclosures for calendar-year-end public companies, which were required to disclose the anticipated effects of the new standard in their December 31, 2006, Forms 10-K

The authors discuss the pro-bono tax service provided by the national Volunteer Income Tax Assistance (VITA) program, which is made possible through the efforts of accounting students and their professors, working with the IRS and state tax agencies. This comes at a particularly important time,...

Since the issuance of FASB Interpretation No. 48 (FIN 48), lt;Igt;Accounting for Uncertainty in Income Taxes, lt;/Igt;in July 2006, corporate tax executives have expressed concerns that the implementation of FIN 48 would provide the IRS with a road map for uncovering uncertain tax positions. An...