Riviera rip-off; questionable deductions; fled the country; and other highlights of recent tax cases. Montgomery, Alabama: Tax preparer Lashunda Deann Crittenden has pleaded guilty to aiding and assisting in the preparation of false income tax returns. Crittenden operated a prep service where she prepared federal income tax returns for others.
Intuit has released Money by QuickBooks, the latest addition to an expanding suite of QuickBooks offerings that power small businesses with the ability to get paid and manage their cash flow. The Money by QuickBooks mobile app available for free on iOS and Android is designed to give your clients
If you’re just joining us, I recommend reviewing part one of the series on tax breaks for disaster victims for introductory comments on the deductions available to Hester, a disaster survivor. To qualify, she must satisfy two stipulations. First, she suffers losses that are “sudden, unexpected or unusual” natural disasters, such
Deloitte & Touche announced a strategic alliance with audit technology provider AuditBoard in conjunction with AuditBoard’s user conference this week in Los Angeles. The alliance combines AuditBoard’s cloud-based audit, risk and compliance software with Deloitte’s Sarbanes-Oxley and internal controls advisory services to provide risk management, SOX compliance, internal audit and
Democrats are vowing to crack down on tax cheats by giving banks new requirements to disclose to the IRS accounts that have total annual inflows or withdrawals of at least $10,000. The plan would help fund President Joe Biden’s multitrillion-dollar economic agenda, potentially raising $700 billion and reducing the need
The way tax seasons work, it always feels like the next one is just around the corner. Over the last year (2021), there have been several unclear situations regarding how taxes are filed and to whom they pertain. Granted, 2021 was a unique year all around. The world has faced
QuickBooks is a dynamic application for small and mid-sized business organizations. An integral part of running an enterprise is communicating with potential clients and customers, primarily through emailing. If you use a non-significant email address on your work profile, it lowers the organization’s reputation. This is why it is crucial
Democratic Senator Joe Manchin said there’s little chance that Congress can complete work on President Joe Biden’s economic agenda by the end of the month deadline set by his party’s leaders. “There is an awful lot to go. I don’t know how that would happen,” Manchin, whose vote is pivotal
In case we haven’t met before, I’m Dawn Brolin and I want to commend you for taking action and acknowledging to yourself that you too, want to make a change of some kind in your professional life (and perhaps your personal one, too!). We share the desire to create a
When considering estate taxes, where your client lives has a big impact on how much their estate will owe when they die. There are both state and federal estate taxes, and Congress is considering legislation that would change the federal rules. This article will look at how the state where
