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Vulnerability is the new strength for firm leaders

Accounting Today

Paradoxically, vulnerability had given him back control — but it also opened up a whole set of questions about his professional career, including his role as managing partner of Tri-Merit Specialty Tax Services (a tax advisory firm that also hosts Bridging the Gap). "I All rights reserved.

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Tax Fraud Blotter: Negative waves

Accounting Today

Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. Yager used clients information to present false returns to the IRS from November 2023 through March of 2024, submitting returns in the name of her clients without their knowledge or approval. All rights reserved.

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Year-End Tax Strategies for Businesses

Withum

The IRS released Notice 2023-63, as modified by Notice 2024-12, to provide additional guidance surrounding section 174 expenditures. It is effective for tax years ending after September 8, 2023. C corporation pays to add $0.94

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Tax Fraud Blotter: Who ya gonna call?

Accounting Today

In 2022 and 2023, he and others operated a ghost prep business in three Augusta locations, including a church and Browns residence. Mobile, Alabama: Tax preparer Kenneshia Davis has been sentenced to a year and a day in prison for filing fraudulent returns. All rights reserved. Allen Brown, 41, separately pleaded guilty to wire fraud.

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Tax Fraud Blotter: Hard lessons

Accounting Today

Union City, Georgia: Truck driver Dantavious Jackson, 39, who operated a ghost tax prep business, has pleaded guilty to making claims for refunds of false pandemic-related employment tax credits. On the side, he also prepared taxes for a fee. Between June 2022 and August 2023, he defrauded the U.S. All rights reserved.

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Pros and cons of the Big Beautiful Bill

Accounting Today

We can now go back to the old provisions, especially for small businesses with under $31 million in revenue, and amend for 2022, 2023 and 2024. By Jeff Stimpson 8h ago Practice management CohnReznick acquires Piascik The Top 25 Firm based in New York is expanding to Richmond, Virginia, by combining with a firm with specialized tax services.

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M&A roundup: LMC, Sorren and Alpine Mar expand

Accounting Today

Stephen Kepniss and Richard Di Palma and their outstanding team bring three decades of highly sophisticated tax experience that will further expand our capacity to meet our clients increasingly complex needs," said LMC CEO Lee M. Cohen, a member of Accounting Todays 2023 MP Elite. LMC joined Ascend in 2023. All rights reserved.