Accounting Today

JULY 10, 2025

Gregory knew that Elijah Farm employed nobody and paid wages to no one and had not made federal tax deposits to the IRS in the amounts stated on his return. For 2015 through 2020, he prepared and filed at least 54 false returns for clients. The IRS issued a portion of the refunds, and he spent more than $2.7

Tax

Accounting Today

JULY 21, 2025

IRS records show that she underreported her income by more than $1 million in 2015 and 2016, and failed to file any returns for 2017 despite having significant income. Mobile, Alabama: Brandy Davis, 42, has been sentenced to five years of probation in connection with tax fraud. At that time, he also filed for 2017. Sentencing is Sept.

Tax

Accounting Today

JULY 31, 2025

From 2015 to 2017, she withheld payroll taxes from employees paychecks but failed to remit more than $3 million to the IRS. Also that month, he deposited the check into his wifes bank account and later transferred $4,500 from his wifes account to his own bank account and subsequently spent the money for personal use.

Tax

AvidXchange

SEPTEMBER 1, 2017

Invoices must be manually created, printed, and mailed; then you wait for the customer to open the envelope, enter the invoice into his or her own system, process the invoice, print a check, and mail it to your company; then your staff has to open the envelope, deposit the check, and match the payment to the outstanding invoice.

Billing

Cloud Accounting Podcast

AUGUST 3, 2020

A federal credit union told the Justice Department that 59 out of 60 SBA deposits it received appeared to be fraudulent. David Leary: [00:20:22] Because it's Intuit's account, you connect your merchant service to it; do instant deposits. You can get instant deposits to that account free of charge. That's crazy.

QuickBooks

Accounting Today

JULY 3, 2025

She deposited the refund check into a trust bank account and immediately transferred most of the balance to a separate bank account, both of which she controlled. She and her co-conspirator deposited a second fraudulently obtained $1 million refund check from the IRS, payable to the co-conspirator.

Tax

Cloud Accounting Podcast

MAY 26, 2020

I mean, that, to me, is the future of banking - the way it should work with accounting software; rather than having to rekey stuff or rather than having the document go into the bill-pay solution and then, sync into the accounting system. They're now partnering with Clear Books, which is an accounting software package in Europe.

XERO