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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. Bui anticipated that the transactions would be audited.

Tax 213
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Tax Fraud Blotter: Prep perps

Accounting Today

Sirleaf, who previously pleaded guilty, was the sole owner and operator of Metro Financial Services; he prepared false and fraudulent 1040s for clients for at least tax years 2016 through 2019. From 2016 to 2020, Carter and Carrillo owned and operated Neighborhood Advance Tax, a tax prep business with a dozen offices throughout Florida.

Tax 147
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Tax Fraud Blotter: Boundless energy

Accounting Today

During the 2016 through 2022 tax years, Gibson prepared at least 135 returns containing fraudulent information, causing a loss to the IRS of at least $125,197, which Gibson has agreed to pay in restitution. Gibson initially prepared an appropriate return from which the agent would have owed taxes.

Tax 165
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Tax Fraud Blotter: Negative waves

Accounting Today

In January 2016, Mellinger learned that several of his clients were under investigation and that the United States had started seizing their funds. In total, Mellinger and his co-conspirators helped clients prepare returns that claimed more than $106 million in false deductions, causing a tax loss to the IRS of some $37 million.

Tax 147
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AvidXchange™ is Named to 2016 Grant Thornton North Carolina 100®

AvidXchange

We’re honored to announce that AvidXchange has been named one of the largest privately-held businesses in North Carolina as recognized by the 2016 Grant Thornton North Carolina 100® (NC100). member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms.

AP 40
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E-invoicing? We already do this don’t we?

AP Association

Multiple formats, considerable effort required for integration, high setup and transactions costs and the need to create a visual copy of the invoice for processing or audit, are all cited as potential issues. The NHS started adopting structured e-invoicing in January 2016.

Invoicing 130
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Simplifying Audits with Accounting Tech with Michael Shafman CEO NexCloud Consulting

Dext

Michael started using Dext in 2015, first as a finance leader, and then in 2016 as the technology on onboarding leader for a Xero Platinum partner. Michael Shafman is a CPA with experience within the full gambit of the accounting world. Michael has onboarded 100’s of clients in numerous industries, always looking to challenge the […]