corporation tax, income tax, tax preparation and Washington

Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes

CPA Practice

APRIL 5, 2024

TNS) A Kennewick tax preparer cost the United States $42 million in lost tax revenue between 2017 and 2020 after filing tax returns that were riddled with errors, fabrications and fraudulent entries, alleges the Department of Justice. The Department of Justice filed a civil complaint in Eastern Washington District U.S.

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Some States Are Considering Shelving the Grocery Tax

CPA Practice

JANUARY 23, 2023

Almost all states have seen their budget surpluses grow in the past two years, thanks to federal COVID-19 relief funds and increasing corporate tax revenues as the economy recovers from the pandemic. Grocery taxes that remain are “there for a reason. States and localities sometimes struggle with which foods to exempt from tax.

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Ex-IRS Agent Accused of Filing Error-Filled Returns, Costing $42M in Lost Taxes

Some States Are Considering Shelving the Grocery Tax

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