Sheree Whitfield, the ex-wife of former Atlanta Falcons tackle Bob Whitfield and a former star on reality TV show "Real Housewives of Atlanta," is in trouble with the IRS for failure to pay taxes in 2009 and 2010.
A Florida woman – who owned or controlled undeclared foreign financial accounts in excess of $42 million in 2007 and who caused a tax loss to the government of approximately $667,716 – has been ordered to pay a $21 million civil penalty.
Regional CPA firm Warren Averett, LLC continues to carry out its strategic growth plans in the Southeast with the recent merger of Atlanta-based Gifford, Hillegass & Ingwersen (GH&I) and Tampa-based Pender Newkirk & Company.
The Justice Department is seeking to shut down two income tax preparers for falsifying tax returns costing the US Treasury more than $100 million. According to the complaint, they repeatedly prepared tax returns that understated customers' federal tax liabilities.
In mid-November, nine people were indicted by a federal grand jury on charges of tax fraud conspiracy and identity theft. The defendants include four former athletes from USD and one current member of its football team.
Today’s Crime Watch includes coverage of a Barbados national sentenced to 114 months in prison and ordered to pay restitution of just under $1.7 million for devising and executing a stolen identity federal income tax refund fraud scheme.
Rapper Richard Morales entered a tax preparation office and exploded in a fit of rage. Surveillance cameras show him pulling a gun on an accountant seated behind a desk where there was no visible means of escape.
A woman in Georgia has been indicted for stealing the identities of the most vulnerable - the homeless and the disabled. The second case involves a tax refund scheme of national scope, wherein at least 180 clients from thirty different states were victimized.
Results of the monthly Intuit Small Business Revenue and Employment indexes are in. They show revenue in August declined for the sixth consecutive month, and employment continued to grow slowly in September.
Workers in a majority of metropolitan areas received substantial raises from 2010 to 2011. Cities with greater concentrations of college graduates did even better, according to data from the Martin Prosperity Institute.
In 2011, the EEOC received a record-setting number of charges from those claiming employment discrimination: 99,947 in fiscal year 2011, compared to 99,922 in 2010, and an increase from 82,792 in 2008.
Two Georgia firms - Tomasello, Plageman & Associates, LLC and Robinson, Whaley, Hammonds & Allison, P.C. - have merged to become Whaley Hammonds Tomasello, P.C., with a staff of thirty-two professionals.
Members of the Georgia Society of CPAs (GSCPA) recently met at the Georgia State Capitol in honor of 2012 CPA Day at the Gold Dome. "CPAs offer a unique and intelligent perspective, and events like this make a very real connection between the profession and Georgia's legislators," said Boyd Search, CEO of GSCPA.
The IRS is seeking civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies key issues, and makes recommendations for improving IRS service.
The American Institute of CPAs (AICPA) has announced the winners of the 2010 Elijah Watt Sells Award. The award was presented to candidates who obtained the ten highest cumulative scores on all four sections of the computerized Uniform CPA Examination.
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.