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Mississippi Tax Preparers Sentenced to Prison for False Tax Return Conspiracy

CPA Practice

A group of Mississippi tax return preparers were sentenced to prison on February 22, 2024, for charges related to a conspiracy to prepare and file false tax returns for clients in Jackson, Mississippi. Each was also ordered by U.S. District Court Judge Daniel P.

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Feds Cracking Down on Unlawful Tax Return Preparers

CPA Practice

“Taxpayers must look out for unscrupulous preparers, who often will promise refunds that are too good to be true,” said Deputy Assistant Attorney General David A. Hubbert of the Justice Department’s Tax Division. “If Over the last year, the Tax Division has worked with U.S.

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Thanksgiving: Weird sales tax rules

TaxConnex

All but 11 states no longer levy a statewide sales tax on groceries, though many local communities nationwide do. The states are Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah. If you plan to bring goodies to Turkey Day, desserts are especially liable to sales tax.

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Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

Law & Order Clark Hill Wins for Accounting Firm in Tax Dispute With Rock Band Member [ Clark Hill ] The Clark Hill trio convinced the court that the accounting firm was not liable for an employee’s business management and tax preparation services she provided on the side for a member of a rock band.

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ATA CPAs + Advisors Merges in Memphis Firm Whitehorn Tankersley & Davis

CPA Practice

With this merger, ATA now has 240 employees and 16 locations across four states—Tennessee, Arkansas, Kentucky, and Mississippi. WTD’s 47 years of expertise ranges from tax preparation and accounting services to more in-depth services, such as audits, financial statements, and financial planning.

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The accountant’s guide to state taxes on retirement income

ThomsonReuters

These states include Alabama, Arizona, Arkansas, California, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Wisconsin.

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Monday Morning Accounting News Brief: Billions of ERC Claims Denied; On the OnlyFans Career Track; 24-Hour Busy Season?? | 6.24.24

Going Concern

Earlier: The IRS Has Stopped Processing ERC Claims Because ERC Mills Are Scamming the F*ck Out of Them The IRS Is Ready to Strike the Fear of God Into Anyone Who Took ERC Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch On June 14, Inc. Are Big 4 Salaries So Bad Staff Are Starting OnlyFans Accounts?