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Former CFO of Russian Natural Gas Firm Gets 7 Years in U.S. Prison for Tax Crimes

CPA Practice

Mark Anthony Gyetvay, a former CPA in Naples, Florida, has been sentenced to 86 months in prison for a scheme to hide millions of dollars of income in undisclosed Swiss bank accounts and submitting a false filing to the IRS. Additionally, and despite being a CPA, Gyetvay did not file personal tax returns for 2013 and 2014.

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Miami Businessman Charged With Hiding Millions in Swiss Bank Accounts, Evading Taxes

CPA Practice

By Jay Weaver, Miami Herald (TNS) A wealthy South Florida businessman was arrested over the weekend on charges that he defrauded the U.S. government by hiding millions of dollars in Swiss bank accounts and lying to the IRS about his foreign assets for decades, according to federal authorities. bank accounts and real estate properties.

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What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

Cryptocurrency tax rules can be complicated and confusing, but you definitely need to report your crypto gains. Here’s a look at what happens if you don’t report cryptocurrency on taxes — along with answers to common crypto tax questions. What Happens if You Don’t Report Cryptocurrency on Taxes?

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What Happens if You Don’t Report Cryptocurrency on Taxes?

inDinero Tax Tips

Cryptocurrency tax rules can be complicated and confusing, but you definitely need to report your crypto gains. Here’s a look at what happens if you don’t report cryptocurrency on taxes — along with answers to common crypto tax questions. What Happens if You Don’t Report Cryptocurrency on Taxes?

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Friday Footnotes: PwC in Trouble?; A Backwards Accountant; Audit Committee Musical Chairs | 1.13.23

Going Concern

Trump’s Company Gets Maximum Punishment for Evading Taxes [ New York Times ]. million criminal penalty for its conviction on felony tax fraud and other charges, a stinging rebuke and the maximum possible punishment. Orlando lands among worst-paying metro areas for accountants [ Orlando Business Journal ]. Florida ranked No.

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Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

FASB takes step toward clarifying lease accounting [ CFO Dive ]. The Financial Accounting Standards Board (FASB) is moving to take another crack at a relatively narrow piece of its existing lease accounting guidance — issuing a proposed update to standards this week and seeking comments from stakeholders by Jan.