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Tax Fraud Blotter: Sick excuses

Accounting Today

After an IRS audit in 2016 assessed a federal tax debt totaling some $1 million, Archer concealed and transferred assets through two LLCs he controlled and began using third-party bank accounts to evade paying the tax debt. All rights reserved. In March 2019, Archer filed for Chapter 7.

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Tax Fraud Blotter: Boundless energy

Accounting Today

West Virginia: CPA George W. Tax-related court cases Tax scams Tax fraud Tax preparation Tax crimes Tax evasion MORE FROM ACCOUNTING TODAY Technology Does your app share client data? All rights reserved. Malphurs, Dallas, indefinite from Dec. 4, 2024; Enrolled Agent John A.

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In the blogs: Making choices

Accounting Today

U of I Tax School ( [link] ): How to help older clients prep for the dreaded IRMMA on Medicare premiums. Tax tools IRS Tax preparation Manufacturing industry Roth IRAs Risk management Medicare MORE FROM ACCOUNTING TODAY IRS IRS updates procedures list for accounting changes Rev. All rights reserved.

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Senate Republicans plan major revisions to Trump tax bill

Accounting Today

Senator Lisa Murkowski House provisions instituting new co-pays for Medicaid recipients and limits on the ability of states to tax Medicaid providers in order to increase federal reimbursement payments are more disputed. Senators Josh Hawley of Missouri and Jim Justice of West Virginia have said they oppose these changes.

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Sales and Use Tax Updates from March

TaxConnex

Tennessee Department of Finance and Administration Commissioner Butch Eley said the two largest contributors to the state’s tax base, sales and corporate tax revenues, delivered extraordinary growth for the month of February. Revenues from online sales taxes boosted monthly growth rate with approximately $44.5

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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.