Going Concern

JANUARY 19, 2024

Coss, 54, was arrested Tuesday and is held in the Broward Main Jail on 18 charges stemming from an ongoing Internal Revenue Service tax fraud investigation. He owns Coss Bookkeeping & Accounting and is the registered agent of numerous other businesses, state business records show.

Arizona 104

Arizona accounting and finance Technology audit 104

Withum

FEBRUARY 1, 2024

Also, if you are not sharp, you might miss the note buried on page 14 or thereabouts that the amounts on page one of the K-1 are likely not correct, and you need to check with your tax preparer (who will probably have no knowledge about that particular hedge fund). Once the ball comes down for the New Year, it will be too late.

tax return 59

tax return Tax Gambling tax preparation 59

Going Concern

FEBRUARY 9, 2024

Tax Betting on the Super Bowl? You gotta pay the piper’ on your winnings, says tax expert [ NBC10 Philadelphia ] All gambling winnings are considered taxable income by the Internal Revenue Service, even if you aren’t a professional gambler. “Win big?

Technology 103

Technology Colorado audit cpa firm 103

PYMNTS

OCTOBER 29, 2019

In another demonstration of the move from paper-based processes and further into digital for the tax preparation industry, services like H&R Block are getting creative by offering qualified customers instant refund advance loans. Even the growing legal gambling sector is getting into the instant disbursements act.

Gambling 40

Gambling Legal tax preparation Government 40

Analytix Finance & Accounting

OCTOBER 16, 2024

Without accurate and structured financial records, making informed decisions becomes a gamble. 3) Overlooking Tax Planning Ignoring tax obligations can result in hefty fines and disrupt financial planning. Consider professional tax preparation services minimizing risks. How to avoid? How to avoid?

accountant 52

accountant accounted Account Technology 52

ThomsonReuters

OCTOBER 12, 2023

From understanding what foreign income is to navigating various tax forms and deductions, it is important for accountants to understand the ins and outs of U.S. Consider implementing scan-and-populate solutions that automate the tax preparation process and streamline documentation. Plan ahead. Timely filing.

Tax 40

Tax tax return income tax Real Estate 40

Going Concern

JULY 28, 2023

According to his plea agreement, Fulton and his company provided bookkeeping, accounting, and tax preparation services for Wayne Joseph Nix, 46, of Newport Coast, a former minor-league baseball player who for nearly 20 years ran an illegal bookmaking business.

Gambling 98

Gambling audit Technology accounting firms 98

Going Concern

JANUARY 19, 2023

The IRS Criminal Investigation unit has released its top cases for 2022 and in it we get reality TV personalities, a rogue tax preparer, some garden variety PPP fraud, and even a former decathlete with his own Wikipedia page. Burnell did not report any of the money he received from victims in 2011 or 2012 on his income tax returns.

Tax 63

Tax tax return Gambling tax preparation 63

Accounting Today

JULY 15, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers. The Sales Tax People ( [link] ): How long do states have to audit your clients for sales taxes, anyway? All rights reserved.

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