As tax season rolls around, many business owners look forward to receiving their tax refunds. However, a troubling trend is emerging: millions of tax refund checks are being stolen from
As a business owner, receiving a notice from the IRS can feel overwhelming. However, it’s important to know that not all notices are cause for alarm. Each year, the IRS
In today’s world, tax scams are becoming increasingly sophisticated, posing a significant threat to individuals and businesses alike. As a business owner, you need to stay vigilant and aware of
As a business owner, you may think that issuing a 1099 form is a task reserved for payments made to individual contractors or small businesses. However, recent regulations might surprise
In a notable legal development, Abdirizak Farah, the founder and superintendent of two charter schools in Ohio, has admitted to engaging in bank fraud, highlighting a serious breach of ethical
The recent sentencing of Jess Adams, the former treasurer for the City of Houston, Alaska, serves as a stark reminder of the vulnerabilities in financial management systems. Adams was handed
In a startling legal case that underscores the severe consequences of financial misconduct and tax evasion, Aaron Rossi, a former employee at Central Illinois Orthopedic Surgery, has been sentenced to
The recent Tax Court ruling in favor of Keith Phillips serves as a powerful reminder of the importance of the IRS following proper procedures when issuing deficiency notices. The court’s
Receiving a tax bill from the IRS can be a daunting experience, especially for business owners already juggling multiple responsibilities. However, understanding the steps to take and knowing your options