Remove 2012 Remove Accounting Remove Accounting Software
article thumbnail

Tax Fraud Blotter: Sick excuses

Accounting Today

After an IRS audit in 2016 assessed a federal tax debt totaling some $1 million, Archer concealed and transferred assets through two LLCs he controlled and began using third-party bank accounts to evade paying the tax debt. All rights reserved. In March 2019, Archer filed for Chapter 7. In March 2019, Archer filed for Chapter 7.

Tax
article thumbnail

Tax Fraud Blotter: Negative waves

Accounting Today

In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect. In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. All rights reserved.

Tax
professionals

Sign Up for our Newsletter

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

article thumbnail

The Gen Z stare meets the AI workforce

Accounting Today

EDT 4 Min Read Facebook Twitter LinkedIn Email The accounting profession is a prime example of how AI is reshaping entry-level roles. Accounting educators now face a dual challenge: teaching technical fluency while also cultivating professional presence, critical thinking, and client communication. All rights reserved.

article thumbnail

How to market financial services to younger generations

Accounting Today

EDT 6 Min Read Facebook Twitter LinkedIn Email Many accounting firms target the same types of clients that are currently on their rosters when looking to expand financial services and attract new clientele. Zoomers were born between 1997 and 2012, aged 12 to 27. All rights reserved. First, lets define who were discussing.

article thumbnail

Tax Fraud Blotter: Off to the races

Accounting Today

Beginning in 2012, Devine caused BK to fail to account for and pay hundreds of thousands of dollars in payroll taxes. The charge of failure to truthfully account for and pay over trust fund taxes carries a maximum of five years in prison and a $250,000 fine. All rights reserved.

Tax
article thumbnail

CohnReznick acquires Piascik

Accounting Today

16 on Accounting Today s 2025 list of the Top 100 Firms. CohnReznick has been more active in the M&A area since its partnering with Apax earlier this year and I wouldnt be surprised to see them announce deals with other successful accounting and advisory firms before the end of the year." All rights reserved. CohnReznick ranked No.

article thumbnail

Accounting Practice Management Software: The Top 17 Roundup

Future Firm

Looking for the best accounting practice management software for your firm? Good news, because this is the ULTIMATE accounting practice management software round-up post. Get to know the top accounting practice management software and why it is essential for your business. QuickBooks Online Accountant.