In a new case decided by the US Supreme Court, the remnants of a tax shelter partially constructed by wily Texas billionaire Billy Joe McCombs – known informally as "Red" – collapsed like a house of cards.
Accounting software provider Xero embarked on its first national road show earlier this week, providing free training to accountants and bookkeepers on how small businesses can use its Cloud platform to improve efficiency and reduce costs.
For the past twenty-two years, CPAs from the Houston CPA Society have been a consistent presence in Houston-area schools, dedicating their time and resources through the society's CPAs Helping Schools program.
Beth Ann Pettyjohn of Englewood, Colorado, was sentenced to serve twenty-eight months in federal prison for failure to pay over employment tax. The judge also ordered her to pay $4,669,532.05 in restitution to the IRS as well as a $25,000 fine.
David Haigler, who pleaded guilty in US District Court for the Middle District of Alabama September 5, 2013, to one count of theft of public funds and to one count of passing US Treasury checks with forged endorsements, faces twenty years in prison.
The Justice Department announced August 20 that Teresa Marie Marty, Charles Tingler, and Victoria Tingler have been charged with conspiracy to defraud the United States and filing multimillion-dollar liens against government officials.
From the moment he decided to become a CPA, Jeremy Dillard knew he wanted his career to be about more than billable hours and client service. He also had a calling to serve - the desire to give back to his community and his profession.
As a way of giving young members an opportunity to connect with their peers beyond the traditional social networking platforms, the AICPA on August 1 launched an online community for young CPAs – the Young CPA Network.
Did you know there are seventeen states where state sales tax charges are temporarily dropped on back-to-school items, such as clothing, footwear, classroom supplies, computers, and certain other products?
A Texas man, who was arrested in an airport while attempting to flee the country, was indicted in the Central District of California in a multimillion-dollar identity theft and tax refund fraud scheme. If convicted, he faces a statutory maximum sentence of at least seventy-five years in federal prison.
A California man admitted that for tax years 2007 and 2008, he failed to report approximately $1,843,847 of income, resulting in an additional tax due and owing to the government of approximately $516,277. He faces a five-year prison sentence.
A Washington man who advised and assisted others in a common tax fraud scheme, was sentenced June 14 in US District Court in Tacoma to ninety-seven months in prison and three years of supervised release.
During the monthlong festivities that preceded this year's Indianapolis 500, Ted Dickman saw a lot of smiles – not only on the faces of those who organized and participated in the events, but on the faces of those who attended the events.
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.