Taxes
Latest News
IRS-CI Releases Its FY 2024 Highlight Reel
AICPA Releases Statement on BOI Injunction, FinCEN Appeal
PCAOB Says Audit Firm Culture is Tied to Audit Quality
PCAOB Punishes New York Audit Firm, Three Partners for Deceiving Inspection Staff
Group says that offshore tax havens cost U.S. $150 billion each year
The Massachusetts Public Interest Research Group says that large companies aren't paying their fair share of the state's taxes.
IRS seeks comment on dual use equipment
On Jan. 6, the IRS issued a notice seeking comments on dual-use property as it considers issuing new guidance to reduce disputes between equipment dealers and the agency.
Groups accused of mortgage fraud and “forensic audit” scam reach settlement agreement
The Federal Trade Commission has announced that the defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages.
Taxing tax prep and accounting? New Ohio bill would expand sales tax to nearly all services
As a part of his broader attempt to overhaul the tax system in his state, Ohio Governor John Kasich's plan would expand sales taxes to virtually all services that are currently not subject to sales tax under state laws.
11 indicted for filing taxes for 2,700 dead people
A South Florida ring accused of plotting to fleece $34 million from the U.S. government by filing phony tax returns in the names of thousands of dead people was indicted this week.
IRS forms for Education Credit and Depreciation now available
The Internal Revenue Service announced on Friday afternoon that taxpayers and tax professionals will be able to start filing two major tax forms starting Sunday covering education credits and depreciation.
Accounting firm moves from KC across river into Kansas, for tax incentives
A well-known Kansas City certified public accounting firm has relocated its offices and 22 employees to Leawood, lured by new Kansas incentives that eliminated personal income taxes on profits earned at what are called pass-through businesses.
Tax fraud money laundered through church, Pastor and nephew plead guilty
When police made things in Tampa, Florida, too hot for tax refund fraud, Victor Williams turned to a higher power.