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Florida Woman Sentenced for Pandemic Loan Fraud, Leased a Bentley with Funds

CPA Practice

The relief programs became targets for fraudulent activity because the loans were guaranteed and then mostly forgiven by the SBA as long as the funds were properly used for overhead, mainly payroll for employees.

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

Going Concern

Court records show that Urban is currently in custody in Florida, serving a prison sentence for defrauding a previous employer of more than $283,000, and using the embezzled money to pay for court-ordered restitution for a prior embezzlement. Tracy Mitchell, the owner of House of Deals, Inc., and House of Furniture and Mattress, Inc.,

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How Miami Became a Hub of PPP Fraud After Pandemic

CPA Practice

It was a free-for-all,” said Michael Brown, an FBI supervisory special agent who heads a financial crimes squad in South Florida. South Florida was a fraudster’s feast. He also claimed his company’s payroll was $1,035,091 in the previous year on an IRS tax form. All kinds of people were dipping in. Criminals cashed in.

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Miami Woman Accused of Buying Bentley with PPP Funds

CPA Practice

Rendon, 31, did not use the proceeds for her company’s employee payroll expenses or other overhead costs, as required by law under the Small Business Administration Paycheck Protection Program, according to an indictment. Among the worst offenders in South Florida: Back in 2020, David T. Hines received $3.4

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2023 Readers’ Choice Awards – The Readers Have Voted!

CPA Practice

And now, the results are in: IN-FIRM TECHNOLOGIES Federal/State Income Tax Preparation Insight : As was true in every year of voting, the tax prep system category is always the most voted-on, with nearly all respondents selecting a preferred system. We thank the more than 5,000 professionals who participated in voting this year.

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10 Best States to Pursue a Career in Accounting

CPA Practice

Florida Total Number of Accounting Jobs Available: 10,265 Total Number of Finance Jobs Available: 6,468 Accounting and Finance Average Salary: $115,000 Average World University Rankings Accounting and Finance Score: 34.74 Finance Career Score /10: 7.48 Finance Career Score /10: 7.14 Distributed by Tribune Content Agency LLC

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