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Tax Fraud Blotter: Who ya gonna call?

Accounting Today

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. Lexington, Kentucky: Business owner Matthew Buresh has been sentenced to two years in prison for two counts of failure to pay taxes.

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Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

according to the National Center for Education Statistics (NCES), the primary statistical agency of the Department of Education. Welsh says the slump has to do with lower wages compared to tech or consulting, coupled with an education pathway that requires a 5th year to be able to become a CPA. Welsh said.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

In the latest effort, CI special agents will host a series of educational sessions geared specifically to tax professionals about ERC at its field offices across the country. He also allegedly applied for multiple credit cards in his wife’s name without her consent, ran up debts on them, and did not pay them off, police claim.

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Tax Fraud Blotter: No solution

Accounting Today

Bowling Green, Kentucky: Resident Kenneth Ray Moore has been sentenced to 46 months in prison, to be followed by two years of supervised release, for wire fraud, money laundering and tax evasion. Louis: Tax preparer Shasherese M. Reed made about $378,026 in fees for the 2017 to 2021 tax years. All rights reserved.

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Friday Footnotes: The Future of the Profession Sounds Terrible; F Your Weak Salary Bump, EY; Intuit Axes 1,500 People | 7.12.24

Going Concern

Big 4 University of Kentucky to pay Deloitte $1.3M Big 4 University of Kentucky to pay Deloitte $1.3M While there is no doubt that these advancements are revolutionizing tax preparation, financial planning, and audit processes, they are also requiring firms to rethink traditional workflows and pricing models.

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