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

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

AvidXchange

JANUARY 16, 2023

So Justin was the founder of a company called Strong Room, which we acquired back in the 2015 timeframe. And I thought, what if we could get rid of paper invoices and make it easier on the management company and create a great audit trail? I was actually in Houston last Thursday and had dinner with Justin.

AP

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

JUNE 28, 2020

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. Cash is easy to audit. They're faking their books."

Bookkeeping

Cloud Accounting Podcast

MAY 26, 2020

It's amazing how fast - they only started in 2015 - like how fast they've came up to market. Direct deposit volumes are surging three times, up to 14 million customers. Thankfully, during coronavirus, all of that thought leadership about how blockchain is going to eliminate the audit profession has disappeared.

XERO