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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
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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
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Scaling Accounting & CAS Beyond $5M with Dave Olsen

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Dave Olsen, founder of an accounting firm and Nimbl Staffing. Dave shares his unique journey in the accounting industry, discussing the success of his staffing service and his exciting new venture into IT services for accounting firms.

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Three payment trends accountants need to know

Xero

With interest rates at the highest level since 2012 in Australia and costs rising across the board, it can feel like the macro environment is designed to dent you and your clients’ businesses. PayTo requires customers to verify themselves using their bank account so that we can quickly assess that they are who they claim to be.

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App Partners of the Month: Xerocon London 2022 special edition

Xero

Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders. We were excited to reconnect with more than 2,000 accounting and bookkeeping partners and share the latest product developments across Xero. Find out more about becoming a Xero app partner here.

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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. The Basics of Accounting Practice Management Software.

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Navigating PDPA Compliance: A Practical Guide for SMEs in Singapore

Counto

The Personal Data Protection Act (PDPA) governs how personal data is collected, used, and disclosed by organisations. The Personal Data Protection Act (PDPA) was enacted in 2012 and fully implemented in 2014. Purpose Limitation Personal data must be collected for specific, communicated purposes. Overview of the PDPA 1.1