Jessica Crawford Faces Decades in Prison for Orchestrating Pandemic Relief and Tax Scheme A Georgia tax preparer, Jessica Crawford, has admitted to a multi-million-dollar tax fraud scheme involving fabricated businesses and manipulated COVID-era credits, potentially facing a lengthy prison sentence.
Sweeping Tariffs Aim to Boost Domestic Manufacturing, but Raise Global Concerns In a major policy shift, President Donald Trump announced a sweeping set of tariffs on imported goods during an April 2 speech at the White House Rose Garden. The
Lawyer’s Use of Trust Accounts and Cash Withdrawals Leads to Conviction A Missouri attorney has been convicted of tax evasion after years of fraudulent activities, facing prison time and substantial fines for concealing income and failing to file returns. Key
Guilty plea reveals elaborate scheme to hide assets and mislead the IRS, facing years in prison. A Florida businessman, David Albert Fletcher, has pleaded guilty to evading $1.7 million in federal taxes by concealing income and filing false returns, highlighting
California lawyer’s case underscores the government’s intensified efforts to prosecute tax evasion among high-earning professionals. A California attorney has been indicted on federal tax charges for allegedly evading taxes, filing false returns, and failing to file tax returns. The indictment,
Affected individuals and businesses gain extra time to file and pay due to severe storms. The IRS has extended tax deadlines for individuals and businesses in six West Virginia counties affected by severe storms, providing them until Nov. 3, 2025,
Illinois physician admits to $1.6M in tax losses and fraudulent Medicare claims, facing significant penalties. An Illinois doctor, Krishnaswami Sriram, has pleaded guilty to tax evasion and Medicare fraud, admitting to hiding assets and submitting false claims, resulting in significant
Master Form 6765’s changes to protect clients and maximize innovation incentives. Recent IRS updates to Form 6765 introduce new reporting requirements for the R&D Tax Credit, demanding CPAs to adapt their compliance strategies. Key Focus: Compliance and Maximizing Tax Benefits
Government’s Move Raises Privacy and Deportation Concerns The Trump administration’s pursuit of IRS data on undocumented immigrants has sparked concerns over privacy, deportation risks, and economic impacts. Key Concerns: IRS-DHS Data Sharing: What’s Happening? The government is actively seeking taxpayer
Implications for U.S. Businesses and Beneficial Ownership Reporting The interim final rule issued by the Financial Crimes Enforcement Network (FinCEN) on March 21 marks the end of an on-again, off-again saga for millions of small businesses that began in late