article thumbnail

How Miami Became a Hub of PPP Fraud After Pandemic

CPA Practice

It was a free-for-all,” said Michael Brown, an FBI supervisory special agent who heads a financial crimes squad in South Florida. South Florida was a fraudster’s feast. Although Lorquet fabricated the claims and paperwork, his loan request was approved by BlueVine and $215,645 was deposited into his account at TD Bank on June 5, 2020.

article thumbnail

Hey Tax People, You’ll Be Thankful For This Remote Job That Promises No More Than 40 Hours a Week EVER

Going Concern

Work for an innovative, boutique advisory, tax, and accounting firm that works exclusively with growth-focused small to medium-sized businesses. Past locations have included Las Vegas, Rocky Point, Florida, and San Diego. Responsibilities: You will be deeply involved with preparing tax planning & tax consulting services.

Tax 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 States with the Lowest Combined Business Taxes

CPA Practice

5 states with the lowest total tax burden for businesses While each state has its own tax structure, several states stand out for their favorable business tax environment. Here are five states renowned for their low taxes for businesses: 1. Florida also provides tax breaks and incentives for startups.

article thumbnail

Friday Footnotes: Opinions!; EY’s Blockchain Aspirations; KPMG Junior Reprimanded | 9.30.22

Going Concern

Partners at Deloitte in the UK and Switzerland will receive an average income of more than £1m each for the second year in a row, after the accountancy firm enjoyed another successful year. Years-long trend of consolidation reaches city’s largest accounting firms [ Crain’s New York Business — subscription ]. Firm Watch.

article thumbnail

Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate. For example, LLCs that opt for the IRS to tax them as corporations are subject to corporate tax rates.

article thumbnail

2022 Year-End Tax Planning Checklist

Withum

For example, common states where people move to reduce state taxes are Florida, Texas, Wyoming, and Nevada. Consider increasing the amount you set aside for next year in your employer’s health flexible spending account (FSA). Tax-Advantaged Accounts. Year-End Tax Planning for Businesses. Energy credits.

article thumbnail

Today In B2B: Tradeteq Collabs With Microsoft Azure; CEOs Sound Off To Biden

PYMNTS

Paymerang , which works in accounts payable (AP) automation, has debuted its new Invoice Automation Solution, which a press release stated will help organizations with efficiency, accuracy, visibility and getting rid of manual paper processes. CEOs To Biden: Easy Does It On Regulation, Don’t Raise Corporate Taxes.

B2B 70