Do-it-yourself filers who make glaring errors on their tax forms this year are likely to find themselves in good company: some of the USA's biggest businesses.
Already this year, 29 companies have admitted tax accounting mistakes, an analysis by AuditAnalytics.com found. That puts this year on pace to match the 183 companies that admitted tax blunders last year.
It's not that companies have forgotten how to do their taxes or that tax rules are more difficult, says Mark Cheffers, CEO of AuditAnalytics.com. Instead, new penalties from Sarbanes-Oxley laws are forcing companies to admit they have done taxes wrong for years.
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