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Tax Fraud Blotter: Sick excuses

Accounting Today

She operated the tax prep business Sick Credit Repair Tax and Legal Services and represented herself as an income tax preparer. Hanson has been sentenced to three years of probation and fined $5,000 for willful failure to pay over taxes. in employment taxes to the IRS for two employees of his accounting businesses.

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AICPA News – July 2025

CPA Practice

Projected revenue growth for the next 12 months (1%) is at its most anemic level since the third quarter of 2020, when many businesses were curtailed by the coronavirus pandemic. Employee Benefits Tax TRP Provide a Revenue Procedure related to Section 305 of the SECURE 2.0 last quarter. Modify Rev.

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Tax Fraud Blotter: Getting personal

Accounting Today

Upton, Massachusetts: Former attorney Paul Anthony Conte has pleaded guilty to evading taxes. Until 2020, Conte was an attorney and member of the Massachusetts Bar. From around January 2003 through at least 2020, he earned income by offering services as a taxation, investment and real estate specialist. All rights reserved.

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Tax Fraud Blotter: Who ya gonna call?

Accounting Today

From November 2020 to April 2022, Gregory made false claims to the IRS for the payment of nearly $65.3 For 2015 through 2020, he prepared and filed at least 54 false returns for clients. As part of the scheme, the contractors issued payroll checks for the workers wages to the shell companies. All rights reserved.

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Professional Tax Help in New York: Taxpayers Facing Tax Audits, Back Taxes, and 941 Payroll Tax Problems

MyIRSRelief

With this bustling economy comes a complex tax system, which can be overwhelming and confusing for many taxpayers. Whether you are a small business owner, self-employed, or an individual taxpayer, you may face tax issues such as tax audits, back taxes, and 941 payroll tax problems.

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Save Thousands on Taxes With an S-Corp Election

SingleTrackAccounting

Yes, you will need to pay social security & medicare taxes on your W-2 income, but by running some of your profits through Owner payroll, the entire remainder of your net income is saved from paying ANY self employment tax. Even better, the business can write off your salary and it’s portion of your payroll taxes.

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The New Year Brings Fresh Uncertainty for U.S. Business Tax Professionals

ThomsonReuters

Three COVID-19 relief bills enacted in 2020 had wide-ranging tax implications for companies, Oaks noted—the CARES Act, the Families First Coronavirus Response Act, and the Paycheck Protection Program Flexibility Act.