article thumbnail

Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

Attorney’s Office, Central District of California ] An entertainment industry accountant pleaded guilty today to a felony charge for lying to federal law enforcement officials about his role in laundering illicit proceeds from an illegal gambling operation run by a former minor-league baseball player and which involved professional athletes.

article thumbnail

Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Benefits: Expert Guidance: Professionals handle all communication with the tax authorities, reducing the stress of direct dealings. Better Outcomes: Experienced representatives can negotiate more effectively and understand what the auditors are looking for. What Should I Do About Unpaid Back Taxes in Corona, CA?

Tax 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Confused about IRS Pub 4557 vs FTC Safeguards Rule, and Which Applies to Your Firm?

CPA Practice

All firms who provide tax prep services for their clients are subject to both because providing paid tax preparation services is called out specifically in both publications. He also served as the Chief Financial Officer of Occam Networks, the Corporate Controller of C-Cube Microsystems and as an auditor for Arthur Andersen.

payroll 98
article thumbnail

Fourteen People Who Inspired Future Tax Criminals in 2022

Going Concern

The IRS Criminal Investigation unit has released its top cases for 2022 and in it we get reality TV personalities, a rogue tax preparer, some garden variety PPP fraud, and even a former decathlete with his own Wikipedia page. government. He was also ordered to pay nearly $9.7 He must also pay $10.8

Tax 62
article thumbnail

Fast Track Compliance with the IRS Pub 4557 and the FTC Safeguards Rule – a No-nonsense Guide for Firm Owners

CPA Practice

By now, most tax preparers are aware they need to comply with the FTC Safeguards Rule and IRS Publication 4557. And what if you don’t provide tax? He also served as the Chief Financial Officer of Occam Networks, the Corporate Controller of C-Cube Microsystems and as an auditor for Arthur Andersen. By Chris Farrell, CPA.

CPA 98
article thumbnail

What is FRF for SME?

KROST

One of the many benefits of using the FRF for SME framework is that it was designed with business owners in mind, and it forms a meeting point between accrual accounting standards preferred by tax preparers and lenders and real-world business concerns like liquidity and cash flows. If you are tired of keeping up with new standards.

article thumbnail

Rolling out Your Firm’s WISP – A Practical Guide for Firm Owners

CPA Practice

He also served as the Chief Financial Officer of Occam Networks, the Corporate Controller of C-Cube Microsystems and as an auditor for Arthur Andersen. He holds a Masters degree in Business Administration from UCLA’s Anderson School of Management and received his CPA license in California.

CPA 40