Accounting Today
JULY 10, 2025
Lexington, Kentucky: Business owner Matthew Buresh has been sentenced to two years in prison for two counts of failure to pay taxes. Brown and other ghost preparers who worked with him falsified 63 federal income tax returns for clients, causing the Treasury to issue $1,003,631 in false tax refunds.
Going Concern
FEBRUARY 7, 2025
Gregg Township faced difficult questions about how such a large sum of taxpayer funds went unaccounted for so long, including by auditors who annually examine the townships financial picture. Thomas Massie (R-Kentucky) has stepped up to the plate and reintroduced, for the umpteenth time, a measure to do just that.
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Going Concern
OCTOBER 11, 2022
bank customers — find it difficult to trust auditors when those auditors have been associated with a failed bank. Via KU (Kentucky University) News : The word “audit” has a different meaning depending on whether you’re an individual or a bank. This leads to lower deposit growth at banks with the same auditor.
TaxConnex
OCTOBER 25, 2022
Auditors reported problems with the Louisiana Sales and Use Tax Commission for Remote Sellers. Kentucky has released a “Sales Tax Facts” sheet detailing services that become taxable as of Jan. Overall sales tax collections remain above pre-pandemic baselines in most states, even if the rate has slowed. Blue bayou.
Going Concern
OCTOBER 20, 2023
Tennessee’s largest CPA firm announces expansion into Kentucky [ The Tennessean ] One of the Nashville area’s top-ranked business consulting firms is expanding its services to Kentucky. Many records and documents requested by auditors were not provided by Williams and had been transferred to his personal laptop.
Going Concern
AUGUST 14, 2023
In this environment of increased scrutiny of auditors, audit firms must double down on a culture of integrity and ensure that they have quality control systems in place to enforce compliance. There’s not any sort of regulation around who can be an auditor ,” Rood said. “My My guess is that changes … but that doesn’t exist today.”
Going Concern
AUGUST 30, 2024
Practice Management We interrupt your regularly scheduled news links with a message from Accountingfly: Are you struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? According to the auditor’s office, issues found included: Nineteen disbursements totaling more than $1.5
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