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Tax Fraud Blotter: Negative waves

Accounting Today

million in checks payable to his chiropractic practice at a check cashing business rather than depositing them into the practices bank account; he also deposited checks and e-payments into his personal bank accounts. In 2018, 2019 and 2020, Lee cashed more than $1.4

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New Mexico weather victims get tax relief

Accounting Today

If an affected taxpayer receives a late filing or late payment penalty notice from the IRS who has an original filing, payment or deposit due date within the postponement period, the taxpayer should call the number on the notice to have the agency abate the penalty.

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Mississippi, Texas storm victims get tax relief

Accounting Today

Penalties on payroll and excise tax deposits due on or after March 14 and before April 10 in Mississippi will be abated as long as the tax deposits were made by April 10. In Texas, penalties on payroll and excise tax deposits due on or after March 26 and before April 10 will be abated as long as the tax deposits were made by April 10.

Tax
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Tech news: Karbon, Ignition, SmartVault launch Intuit ProConnect Ecosystem for Tax Firms

Accounting Today

The funds are automatically deposited into the suppliers account and the detailed remittance data can be integrated into the AR workflow. When the buyer initiates a card payment, Commercial Direct Payments enables it to be processed directly with the suppliers acquirer — eliminating manual steps for making and receiving payments.

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How SMEs Can Address the Women’s Skills Gap and Build Inclusive Growth

Counto

From calculations to tax deposits, our in-house team handles everything. 30-minute webinars) Scheduled with flexibility Accessibility matters more than budget. Our team handles everythingfrom employee payments to tax deposits and filings. See how we simplify payroll here. How SMEs Can Address the Gap (Practically) 1.

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The state of the 'Big Beautiful Bill' and more

Accounting Today

The one thing that does not appear on the K one is if the estate or trust made federal tax deposits, so the 10 41 has to be filed showing that estimated taxes were paid. Now in the final year of the return, all the income goes to the beneficiaries, but that also includes if there are any unused capital losses. That also appears on the K one.

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Tax Fraud Blotter: Who ya gonna call?

Accounting Today

Gregory knew that Elijah Farm employed nobody and paid wages to no one and had not made federal tax deposits to the IRS in the amounts stated on his return. By Jeff Stimpson July 10, 2025, 6:14 p.m. From November 2020 to April 2022, Gregory made false claims to the IRS for the payment of nearly $65.3 million on personal expenses.

Tax