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Bob Scott

Bob Scott

1040s Received Fall More Behind 2022

Taxes dollar coinsThe number of tax returns received by the IRS has fallen behind last year’s total for the second week in a row. Returns received through March 17 were .5 percent below those received by the Internal Revenue Services through March 18, 2022.

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S.C. Comptroller Fried by $3.5B Error

Mistake mathSouth Carolina’s elected comptroller general, Richard Eckstrom, is resigning after the heat grew intense because of $3.5-billion error in state financial reporting. A CPA, Eckstrom, had held the job for 20 years.

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IRS Provides Info on Medical Expenses

QuestionThe Internal Revenue Service has posted frequently asked questions about whether certain costs can be covered under various medical accounts. The questions are part of the National Strategy on Hunger, Nutrition, and HealthPDF.

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