October 11, 2013
40 Arrested in Miami for $449M ID Theft, Tax Refund Fraud
Federal agents swept through South Florida this week to arrest about 40 people charged with the viral-spreading crimes of identity theft and tax-refund fraud.
October 9, 2013
Little League, Youth Sport Embezzlement May Be Common
Parents involved in two Dallas-Fort Worth-area youth sport leagues were stunned recently to learn that women they trusted had been accused of stealing money from their kids' sports organizations.
October 9, 2013
Florida Man Pleads Guilty in Job-Search Tax Scam
A Florida man pleaded guilty in federal court Tuesday in a scam that obtained identification information from people who thought they were applying for jobs and used it to file phony tax returns.
October 9, 2013
Tax Analysts Pushes for Tax Law Transparency in Federal Court
Asks Court to Grant Access to Oral Arguments in Case Challenging Constitutionality of Colorado's Taxpayer Bill of Rights
October 9, 2013
Hey CPAs: Don’t Be Just Your Clients’ “Tax Guy”
Some of these accountants are suited for and satisfied with that role, but there are many others who recognize that the market demands a more proactive, advisory approach with clients.
October 8, 2013
Oct. 15 Tax Extension Deadline Stands, Despite Government Shutdown
The current lapse in federal appropriations does not affect the federal tax law, and all taxpayers should continue to meet their tax obligations as normal. Individuals and businesses should keep filing their tax returns and making deposits with the IRS, as required by law.
October 7, 2013
Will New Healthcare Laws Hurt the CPA-Client Relationship?
As this column goes to print, provisions of the Patient Protection and Affordable Care Act (also known as the “ACA,” or ObamaCare) will change accountants and tax preparers from “trusted advisors” to a more derogatory status:
October 4, 2013
Ohio Woman Sentenced to 15 Months for 79 Bogus Tax Returns
Despite a plea from her attorney, a 34-year-old mother of four was sentenced yesterday to 15 months in prison for filing 79 false income-tax returns and claiming more than $400,000 in bogus refunds.
October 2, 2013
Payroll Systems Becoming More Mobile, with More Employee Self-Service Options
As we began 2013, taxpayers were shrouded in a cloud of uncertainty concerning taxes. That seemed to quickly be resolved for this year and into 2014, but we are now faced with a number of new tax and payroll issues.
October 1, 2013
Government Shutdown Begins- What it Means for Small Business
On Monday night, the U.S. Congress rejected the U.S. Senate's version of the House bill for a debt limit increase, which effectively shuts down some of the non-critical operations of the federal government.
September 30, 2013
How to Avoid the Top 4 Household Employment Tax Mistakes
When families become employers, they take on many of the same responsibilities that business employers do – although many of the forms, deadlines and labor laws for household employers are unique.
September 27, 2013
Unlicensed tax preparer gets probation for tax fraud
A Tulsa, Oklahoma, woman was sentenced Wednesday to five years of probation and was ordered to pay more than $79,000 in restitution to the Internal Revenue Service after pleading guilty to aiding and assisting in the preparation of a false federal income tax return.