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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.

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IRS proposes banning contingency fees

Accounting Today

The change would come as part of the first big amendments to Circular 230 since 2014.

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Uber, Lyft agree to $328M in back pay for NY drivers

Accounting Today

Attorney General Letitia James says Uber from 2014 to 2017 improperly deducted sales tax and other fees from driver paychecks that should have been paid by passengers.

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'Bitcoin Jesus' lawyers say his tax case violates Constitution

Accounting Today

citizenship in 2014 Among other things, Roger Ver is charged with filing a false 'exit tax' return after he renounced his U.S.

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Swiss bank Pictet to pay $123M to end US tax case

Accounting Today

Federal prosecutors charged Pictet with conspiring to help taxpayers use 1,637 accounts to conceal assets and income from the IRS between 2008 and 2014.

Tax 195
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Treasury, IRS propose rules on excluding Tribal general welfare benefits from income

Accounting Today

The Treasury Department and the Internal Revenue Service issued a Notice of Proposed Rulemaking on Friday to implement Section 139E of the Tax Code, created by the Tribal General Welfare Exclusion Act of 2014, excluding from gross income the value of any Tribal general welfare benefit.

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EY member firm faces inquiry by Indian regulator over Adani audits

Accounting Today

Batliboi's audits on some companies going as far back as 2014, sources said. The NFRA has requested files and communications related to S.R.

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