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Tax Fraud Blotter: Sick excuses

Accounting Today

Alvarez did not have a PTIN and admitted that in 2019 and 2020 she misrepresented taxpayers eligibility for education credits and deducted fictitious business expenses from their taxable income to reduce tax liabilities and inflate refunds. In March 2019, Archer filed for Chapter 7. All rights reserved.

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Tax Fraud Blotter: Negative waves

Accounting Today

In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. Around July 2019, to further thwart IRS efforts, he formed a new entity to operate his business. All rights reserved. in restitution to the IRS.

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Tax Fraud Blotter: Prep perps

Accounting Today

Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. He also filed false returns for himself for tax years 2017 through 2019, failing to fully report his income.

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Tax Fraud Blotter: Getting personal

Accounting Today

In 2019, he also submitted documents to the IRS that falsely claimed that he had no connection to the entity that owned the properties. Beginning around 2019, Utulu and other Nigeria-based conspirators schemed to hack into U.S-based All rights reserved. Sentencing is Oct. based tax prep firms, businesses and individuals.

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Growing pains at the highest-growth firms

Accounting Today

Prosperity Partner CEO Jeremy Dubow Jesse Sutton "Its always the people challenge in accounting right now," shared Jeremy Dubow, CEO of Chicago-based Prosperity Partners, the No. Our profession needs a 4% increase in accountants to be sustainable, yet were experiencing a greater than 1% decline since 2019," he explained.

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Armanino merges in SAOS

Accounting Today

EDT 2 Min Read Facebook Twitter LinkedIn Email Armanino, a Top 25 Firm based in San Ramon, California, has added Strategic Accounting Outsourced Solutions , extending Armaninos outsourcing capabilities, particularly in the nonprofit and family office sectors. All rights reserved. Financial terms of the deal were not disclosed.

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Tax Fraud Blotter: Boundless energy

Accounting Today

Tax-related court cases Tax scams Tax fraud Tax preparation Tax crimes Tax evasion MORE FROM ACCOUNTING TODAY Technology Does your app share client data? All rights reserved. The company obtained some $91,750 in PPP loans. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.

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