Going Concern

APRIL 5, 2024

A federal grand jury in Newark, New Jersey, returned an indictment Wednesday charging tax preparer Leon Haynes of Teaneck, New Jersey with fraudulently seeking more than $150 million from the IRS by filing more than 1,600 false tax returns for himself and his clients that claimed COVID-19-related employment tax credits.

tax preparation 115

tax preparation tax return New Jersey Tax 115

TaxConnex

MAY 7, 2024

Mississippi’s back-to-school sales tax holiday this summer could be earlier than in previous years. New Jersey has begun a multi-phased modernization of its tax-filing system. If signed into law, legislation will move the state’s holiday for 2024 to July 12-14.

Rhode Island 193

Rhode Island Sales Tax South Carolina 193

CPA Practice

AUGUST 11, 2023

From the Kiplinger Consumer News Service (via TNS). Employee retention credits have been in the news lately. The Department of Justice recently arrested a New Jersey tax preparer for allegedly seeking more than $124 million from the IRS. Treasury Department. The Treasury also disbursed at least $31.6

New Jersey 98

New Jersey tax preparation Tax auditor 98

CPA Practice

MARCH 26, 2024

In addition to recapturing funds, the IRS is pursuing criminal charges against promoters and preparers engaging in fraudulent ERC practices. Department of Justice arrested a New Jersey tax preparer for allegedly seeking more than $124 million from the IRS. Kiplinger highlighted a case where the U.S.

New Jersey 116

New Jersey audit tax preparation Tax 116

CPA Practice

DECEMBER 10, 2023

While chestnuts crackle and we gear up for the annual tax preparation season, it becomes clear that the winter holidays bring more than just festivities and time off; they also mark the beginning of the tax preparation party. Tax preparation has its spotlight, tax planning follows a rhythmic beat … and tax advisory ?

tax planning 69

tax planning Tax tax preparation bookkeeping course 69

ThomsonReuters

APRIL 25, 2024

These states include Alabama, Arizona, Arkansas, California, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Wisconsin.

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

CPA Practice

FEBRUARY 3, 2023

According to the indictment, Rendon submitted fabricated loan applications to lenders in New Jersey and Idaho by falsifying her company’s revenue, payroll, number of employees, cost of goods sold and IRS tax information in order to qualify for the COVID-19 relief benefits. The Miami man ended up receiving $4.4

Florida 98

Florida New Jersey payroll Idaho 98