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Tax Fraud Blotter: Sick excuses

Accounting Today

He operated an online marketing business for software installation, earning several million dollars from 2013 through 2015. From April 2018 through November 2019, he transferred and concealed assets and income by using a series of bank accounts held in the names of Max Tune Up LLC; Stealth Kit LLC; his father; and his spouse.

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Tax Fraud Blotter: Negative waves

Accounting Today

Between 2002 and 2018, he generated millions of dollars in gross receipts sales. In 2018, 2019 and 2020, Lee cashed more than $1.4 All rights reserved. Orlando, Florida: Medical equipment manufacturer Roger Whitman, 76, has been sentenced today to two months in prison for evading nearly $2.4

Tax 147
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Tax Fraud Blotter: Boundless energy

Accounting Today

To inflate refunds, during tax years 2018 to 2020 he prepared at least 146 returns for clients that falsely offset tax liabilities or claimed reimbursable credits for alleged expenditures on wind turbines, solar panels or other energy improvements. All rights reserved.

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Tax Fraud Blotter: Prep perps

Accounting Today

For 2018 through 2022, Rhew willfully failed to report nearly $9 million in income to the IRS. By Michael Cohn 11h ago Audit Auditors' pessimism about economy surges Audit partners pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report.

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Inside GASB's far-reaching agenda

Accounting Today

Revenue and expense recognition Another project involves revenue and expense recognition , which dates back to 2018. Therefore it exacerbates what theyre willing to pay, not really wanting to pay audit firms quite as much. Audit firms tend to want to focus on other sectors." All rights reserved. Thats a big one," said Black. "I

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M&A roundup: Plante Moran, Sax and GHJ expand

Accounting Today

In 2023, after Drake was elected as the eighth managing partner in the firms history, he told Accounting Today he planned to build Plante Moran into a $2 billion firm. In 2019, Plante Moran acquired Planning Perspectives in Birmingham, Michigan, and in 2018 it merged in EKS&H in Denver. All rights reserved.

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Navigating Success with the Best Accounting Software for CPAs and Accounting Firms

CapActix

That’s where the best accounting software for CPAs and accounting firms comes into play. Customer management software enables businesses to organize and track customer information, deadlines, and conversations, resulting in more efficient interactions and improved client satisfaction.