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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 employment taxes to the IRS for two employees of his accounting businesses.

Tax
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The secrets of turbo-charged growth

Accounting Today

We created a vision back in 2020, we call it Vision 2030, and it was based in what we termed exponential growth. Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

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After 'successful' season, new IRS problems loom: TAS

Accounting Today

National Taxpayer Advocate Erin Collins testifying before a congressional committee in October 2020. The administrations FY26 budget proposal calls for keeping Taxpayer Services staffing at about FY25 levels," the report reads. Refunds averaged $2,942; slightly more than 81 million refunds were issued via direct deposit.

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Skills Modern-Day Accountants Need to Equip Themselves With

Analytix Finance & Accounting

Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01 billion in 2020. Yet, the role of accountants in utilizing and optimizing this technology will likely remain central to business success. It is expected to reach USD 19.59

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Accounting Practice Management Software: The Top 17 Roundup

Future Firm

Here are the reasons why accounting practice management software is essential in every firm: This type of software allows accountants to easily communicate with clients about services including forecasting, tax advice, and budget preparation. These integration include time tracking, reporting, HR software and more.

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2022 Healthcare Industry Trends: Heightened Cybersecurity Concerns

AvidXchange

48 percent increase in cybersecurity budgets These pressing security conditions prompted healthcare organizations to respond. Forty-eight percent of health industry executives increased their cybersecurity budgets in 2021, according to a PwC report. This integration is not a given.

AP
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How Nonprofits Can Benefit From Purpose-Built Financial Technology

AvidXchange

million nonprofit jobs lost in 2020 still haven't been recovered SOURCE: The NonProfit Times Investing in modern technology such as AP automation can help create more efficient workflows while decreasing the chances of human error, especially when staff turnover is high. Nearly every aspect of nonprofits is touched by the finance department.

AP