Bob Scott
PTIN Thieves Sentenced
- Thursday, 15 February 2024
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.
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AICPA: Suspend BOI Reporting
- Thursday, 15 February 2024
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.
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IRS Warns of EFIN Scam
- Tuesday, 13 February 2024
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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Jan 23 2024
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Written by Bob Scott
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