article thumbnail

Federal tax lien notices drop significantly at IRS

Accounting Today

In 2023, 179,000 notices of federal tax lien were filed, down roughly 84% from the high in 2010 of nearly 1.1 million.

Tax 306
article thumbnail

Tax Fraud Blotter: Prep perps

Accounting Today

EDT 6 Min Read Facebook Twitter LinkedIn Email Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. .:

Tax 147
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Prager Metis launches digital solutions company

Accounting Today

KTI was founded in 2010 and is based in Toronto, Canada. By Chris Gaetano 4h ago Tax After 'successful' season, new IRS problems loom: TAS Cutbacks at the Internal Revenue Service portend difficult tax seasons ahead, Taxpayer Advocate Erin Collins reported to Congress. All rights reserved.

article thumbnail

Meeting the expectations of a digital customer

Xero

They are Generation Alpha [born after 2010] and they will enter the workforce at the end of this decade with unprecedented purchasing power and brand influence. . Chad and his partner, Josh Zweig, met in February 2013 with the idea of combining technology and tax under one roof. aligned with brands whose values align with their own.

XERO 264
article thumbnail

Intuit Reinforces its Commitment to Fighting for Taxpayers’ Rights

Intuit

The conclusions of this study ignore facts, common sense, and what we know from our decades of helping millions of Americans file their taxes – taxpayers don’t want the tax collector, assessor, auditor, and enforcer also to be their tax preparer.

Tax 113
article thumbnail

Making Hispanic business beautiful

Xero

I finally received help from a tax preparation office who told me they would help with accounting and to bring in all my receipts. Latinos make up 19% of the total US population , having grown 23% since 2010. At the time, I was deploying my families’ finances and looking for guidance from an advisor.

XERO 246
article thumbnail

How to Run a Successful Virtual Accounting Firm w/Lisa Wolfson Jones

Jetpack Workflow

Lisa launched Mac-L Associates in 2010, and they provide accounting services for small businesses and individuals. All the challenges and improvements in the process of having clients send their documents for tax preparation. Tune in to learn more about Lisa’s journey and insights for growing a successful accounting firm.