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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. He also filed false returns for himself for tax years 2017 through 2019, failing to fully report his income. Sentencing is Sept.

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Airbnb to pay €576M to settle Italian tax claim

Accounting Today

Italy's finance police had claimed that the company failed to pay taxes on about €3.7 billion of rental revenue and claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.

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The state of the 'Big Beautiful Bill' and more

Accounting Today

And there are a lot now, just to go back, just to get some background for the people who are newer to the profession, when they passed the Tax Cut and Jobs Act of 2017, that was the first major reform since 19 86, 30 years. (01:36): I mean, in 2017, there were just over 301,000 complaints, theft losses to the tune of about 1.4

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House tax bill boosts deficit $2.8T, CBO analysis shows

Accounting Today

It would make permanent his 2017 tax cuts while creating new breaks, including eliminating taxes on tips and overtime pay on a temporary basis. The House-passed bill raises the cap for federal deductions for state and local taxes to $40,000 from $10,000.

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