Bob Scott

Bob Scott

PTIN Thieves Sentenced

Two members of a conspiracy to use stolen preparer tax identification numbers to file returns seeking $45 million in tax refunds have been sentenced to prison. The result of the conspiracy  was a $7-million tax loss.


AICPA: Suspend BOI Reporting

A requirement for reporting beneficial ownership in formation, which went in effect last month, should be suspended, the American Institute of CPAs said this week.


IRS Warns of EFIN Scam

 A scam email impersonating software companies is part of an attempt to steal Electronic Filing Identification Numbers, the Internal Revenue Service and Security Summit partners warned this month.


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