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Accounting Firm Abruptly Nopes Out of Tax Season Early, the Local Sheriff Is Investigating

Going Concern

Some potentially juicy news coming out of North Carolina today : The Alexander County Sheriffs Office has received numerous calls related to the accounting firm of Price, Breazeale & Chastang, PA. The Sheriffs Office has been in contact with the North Carolina Board of CPA Examiners pertaining to the business.

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AICPA News – July 2025

CPA Practice

Trust, Estate, and Gift Tax TRP Provide for the ability to e-file the following: Form 706, U.S. Estate (and Generation-Skipping Transfer) Tax Return Form 706-NA, U.S. Estate (and Generation-Skipping Transfer) Tax Return – Estate of Nonresident Not a Citizen of the U.S. Form 709, U.S.

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Tax Fraud Blotter: Prep perps

Accounting Today

CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. For a decade, he did not file federal income tax returns nor pay taxes owed despite earning more than $7.7 Philadelphia: Tax preparer James J.

Tax
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Tech news: Karbon Practice Management evolves into Practice Intelligence

Accounting Today

The new client hub (currently in beta) provides a centralized view of client information, files, folders and projects so firms gain access to the details they need to move work forward. state aviation tax information, which will soon be embedded within the platform. This acquisition offers users up-to-date U.S.

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Tax Fraud Blotter: Negative waves

Accounting Today

Whitman also has not filed an individual income tax return since 1997 and has made no tax payments since 2000. In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect. Between 2002 and 2018, he generated millions of dollars in gross receipts sales. million home.

Tax
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Tax Fraud Blotter: Boundless energy

Accounting Today

in Fayetteville, North Carolina, (effective Jan. San Jose, California: Execs Lalo Valdez and Matthew Olson have pleaded guilty to not paying over employment taxes to the IRS. Schmitz, San Antonio, indefinite from March 11, 2025. West Virginia: CPA George W. Jordan, Harpers Ferry, indefinite from Dec. 8, 2025) and CPA Mitchell L.

Tax
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In the blogs: Get yourself ready

Accounting Today

Canopy ( [link] ): Do you really want the next generation of leadership at the firm that you worked hard to build to just figure it out along their way? Was This Convicted Tax Return Preparer Courageous or Foolish?" By Roger Russell July 2 Accounting North Carolina signs licensure changes bill into law North Carolina Gov.