Recent Articles
Understanding Value-Added Tax (VAT): A Comprehensive Guide for Businesses
Navigating the World of VAT for Global Business Operations If your business operates internationally, it’s crucial to understand Value-Added Tax (VAT), a widespread consumption tax affecting businesses in various ways. Key Focus: VAT Mechanics and Compliance What is VAT? VAT...
Florida Sheriff’s Deputies Sentenced for $41K PPP Loan Fraud
Broward County Deputies Receive Lenient Sentences for Falsifying Pandemic Loan Applications Two former Broward County Sheriff’s Office (BSO) deputies, Carolyn and Tracy Wade, have been sentenced for their involvement in a PPP loan fraud scheme, receiving lenient sentences despite breaching...
Miami Lobbyist Charged with $600K Tax Evasion Amid IRS Crackdown
Eston Melton Faces Felony Charges Over Unpaid Taxes and Asset Transfers A prominent Miami lobbyist, Eston “Dusty” Melton III, has been charged with federal tax evasion for failing to pay over $1.3 million in taxes, highlighting the IRS’s increased enforcement...
Online Tax Advice Can Lead to IRS Trouble and Criminal Charges
IRS Warns Taxpayers Against Misleading Social Media Tax Advice The IRS is cautioning taxpayers about the dangers of false tax advice circulating on social media platforms, which can lead to penalties, audits, and criminal charges. Key Focus: Misinformation and Consequences...
D.C. Accountant Pleads Guilty to $1.36M Mortgage Fraud and $2M Tax Evasion Scheme
CPA Faces Up to 31 Years in Prison for Falsifying Documents and Failing to File Tax Returns Timothy Trifilo, a D.C.-based accountant, has pleaded guilty to mortgage fraud and tax evasion, admitting to falsifying mortgage documents and failing to file...
House Passes Funding Bill to Avoid Government Shutdown, but Senate Fate Unclear
Stopgap Funding Bill Approved by House Republicans Faces Uncertain Senate Path The U.S. House of Representatives has passed a stopgap funding bill to prevent a government shutdown, but its future in the Senate is uncertain due to strong Democratic opposition. ...