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Tax Fraud Blotter: Flaws in the system

Dutch treat; ain’t no Sunshine; the trouble with truffles; and other highlights of recent tax cases. Charleston, South Carolina: Real estate developer James Thomas Bramlette of Salt Lake City has pleaded guilty to wire fraud and tax fraud. In 2011, Bramlette borrowed $17.5 million from a Dutch investor to purchase

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CLA partners with NABA to increase diversity in accounting

CliftonLarsonAllen is teaming up with the National Association of Black Accountants to encourage more diversity, equity and inclusion in the accounting profession. The partnership represents a first of its kind corporate sponsorship for NABA. As part of the effort, CLA is committing to increase workforce diversity, expand its talent pool

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PwC launches full-time remote work policy for U.S. staff members

Big Four firm PwC announced that it will allow approximately 40,000 U.S. employees the ability to work remotely from anywhere in the continental U.S. moving forward. The firm said the move will allow staff members “to respond to what their needs are in this changing work environment, to continue to

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Pandemic hurt diversity efforts in tax and accounting

Accountants of color and women took on increased workloads at firms during the COVID-19 pandemic, but didn’t necessarily see their careers advance, according to a new study. For the study, Thomson Reuters Tax & Accounting and the PrimeGlobal accounting firm association polled more than 300 tax and accounting professionals from

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On the move: NJCPA holds annual food drive

Ani Zadorian Ani Zadorian was promoted to partner at JLK Rosenberger, Glendale, where she works in the insurance practice. Cecil Demorris Brown was hired as a regional market leader at Poe Group Advisors to guide the firm in expanding into and serving clients in the California market. Jonathan Blackburn was

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Manchin wants Biden social spending plan cut to $1.5T

Democratic Senator Joe Manchin wants the social spending package that would encompass the bulk of President Joe Biden’s economic agenda cut by more than half to $1.5 trillion. Manchin’s position, reinforced by him on Thursday, leaves Democrats far from an agreement on the so-called reconciliation bill, which spans spending on

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Accountants’ liability insurance: Heading for a hard market

The act of purchasing professional liability insurance, or renewing a policy, is one that only rarely appears on an accountant’s work list. Yet there are many areas where that choice can have consequences that go beyond the normal day-to-day decisions in an accounting practice. “A CPA can spend their entire

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New members join IRS ETAAC

Seven new members have joined the Internal Revenue Service’s Electronic Tax Administration Advisory Committee. The committee is a public forum for the discussion of issues in electronic tax administration with a primary goal is to promote paperless filing of tax and information returns. ETAAC members also work with the Security

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Pipe launches platform to trade recurring revenue streams

Miami-based startup Pipe has launched a marketplace for organizations to sell and buy streams of recurring revenue like assets, its most recent foray being into the U.K market. The software offers an opportunity to smaller businesses seeking to fund their growth without debt or dilution. This year, Pipe has seen

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On the move: MACPA honors 2021 Women to Watch

Ginnie Carlier Ginnie Carlier was appointed the new Americas vice chair, talent at EY, New York, where she has worked for 28 years and will now lead efforts to create transformative experiences for over 80,000 EY people across 31 countries. David Shulkin, physician and former government official, was named an

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