Citrin Cooperman, New York, launched its new website featuring thought leadership and multiple interactive channels for visitors. Friedman appointed, to partner: Sungjoo Hong and Anthony Rodriguez, New York; and Sophia Li and Richard Ouyang, China; to principal: Gurmeher Allagh, Danielle Cass, Joseph D’Auria, Philip DiBartolomeo, Robert DiSpaltro, Angela Gebert, Charlene
The Internal Revenue Service’s Criminal Investigation division worked with tax authorities abroad on a joint operation that eventually led to the shutdown of Euro Pacific International Bank by officials in Puerto Rico. IRS CI officials described their work during a press conference Thursday with other members of the Joint Chiefs
Pawn king; tell us where it hurts; check’s not in the mail; and other highlights of recent tax cases. Fort Lauderdale, Florida: Tax preparer Guy Telfort has pleaded guilty to criminal contempt for continuing to prepare and file returns with the IRS in violation of a federal court order barring
The IRS Electronic Tax Administration Advisory Committee said in its recent report that the service has demonstrated its skill at executing appropriately funded technology and process modernization projects, but warned it will need more support if it wants to meet its true potential. One example of efforts that have recently
Holes in a proposed gun tax; IRS budget-to-be; offshore account troubles; and other highlights from our favorite tax bloggers. Difficult but important Tax Pro Center (https://proconnect.intuit.com/taxprocenter/): The busy season eventually fades into the off season, which in turn gives way to the second busy season before you can finally follow
An estimated 800 sales tax bills are under consideration by state legislators each month, according to a new report, as lawmakers grapple with the complexity of sales and use tax four years after the Supreme Court handed down the South Dakota v. Wayfair decision. The report, released Wednesday by the
The Internal Revenue Service has issued FAQs regarding the reinstated Superfund chemical excise tax, detailing what the tax is, how it’s computed and who may be liable. The Superfund chemical taxes are reported on Form 720, “Quarterly Federal Excise Tax Return” and Form 6627, “Environmental Taxes”. The excise taxes imposed on
Lack of Faith; concerted and conscious; Pipe schemes; and other highlights of recent tax cases. Galloway, New Jersey: Tax preparer Michele Griffin, 42, has been sentenced to a year and a day in prison for using false information to inflate clients’ refunds and filing her own false returns. Griffin, who
President Joe Biden called on Congress to suspend the federal gasoline tax, a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects. “By suspending the 18-cent federal gas tax for the next 90 days, we can bring down the
Partners’ pay as a retention tool; volunteering to file; the global tax debate; and other highlights from our favorite tax bloggers. The best policy Rosenberg Associates (https://rosenbergassoc.com/blog/): Here’s a thorny one: Should partners cut their comp to pay staff better? Solutions for CPA Firm Leaders (http://ritakeller.com/blog/): Recruiting is one thing,