Watchdog news June 2012

Tax

New York CPA Gets Two-Year Prison Sentence

Silford Warren of Queens, New York, was sentenced June 12 to two years in prison for failure to pay over employment taxes in connection with his ownership of Silford Warren, CPA PC.
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Practice

BDO Accepts Deferred Prosecution Agreement

BDO USA LLP (BDO) the seventh largest US accounting firm, agreed on June 12 to pay a civil penalty of $34.4 million to the IRS and forfeit $15.6 million to the US government as part of a deferred prosecution agreement.
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Tax

Business Owner Pleads Guilty to Excise Tax Crimes and Fraud

Jason W. Leas, a Minnesota resident and cofounder of Best Used Trucks of Minnesota Inc., is facing a potential maximum penalty of five years in prison for excise tax crimes and fraud.
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Tax

IRS Throws Curve at Tony Gwynn's Ownership Bid

Baseball Hall of Famer Tony Gwynn is seeking to acquire an ownership interest in his former team, the San Diego Padres. But there's a potential problem - he reportedly owes more than $400,000 in back taxes.
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Tax

The Tax 'Miseducation' of Lauryn Hill

Grammy Award winner Lauryn Hill has been charged with failing to pay taxes on income totaling $1.8 million.
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Tax

Tax Preparer Caused $235,000 in Tax Loss to IRS

New York tax preparer pleaded guilty to one count of aiding and assisting in the preparation and presentation of a false and fraudulent return.
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Tax

Six Indicted in $18 Million Tax Fraud Scheme

Six individuals have been charged with conspiring to defraud the United States in filing false tax returns.
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Tax

Self-Proclaimed 'Governor' Gets 10 Years in Prison

Monty and Patricia Ervin were sentenced to federal prison for tax evasion and for conspiring to defraud the United States.
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Practice

Five Fraud-Fighting Tips for Businesses

Desperate times call for desperate measures, the saying goes. So it's not surprising that fraud in the workplace increased during the economic crisis and recession.
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Tax

Car Dealership Owner and CFO Plead Guilty to Tax Crimes

Charles Alan Pflueger, Randall Kurata, and Julie Kam plead guilty to filing false federal income tax returns.
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Tax

IRS Aims High to Crack Down on Identity Theft

The IRS is ramping up its efforts to crack down on personal identity thefts involving illegally procured tax return information by implementing a new pilot program in conjunction with Florida.
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Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
WestArk RSVP and Fayette County Community Action Agency – organizations that received grant funding through the IRS Tax Counseling for the Elderly (TCE) program – spoke with AccountingWEB about how they assist senior citizens in their communities.
CPA Robert Raiola, who heads the Sports & Entertainment Group of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, talks NFL player income taxes with AccountingWEB.
Retiring KPMG Centennial Professor of Accounting at the University of Texas at Austin McCombs School of Business Robert May, PhD talks with AccountingWEB about his rewarding forty-three-year career.
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