Ilit Raz, CEO and founder of now-shuttered Joonko, was charged with defrauding investors of at least $21 million by making false and misleading statements about the company.
Day: June 12, 2024
Founder Files: Starting a firm by accident
Keila Hill-Trawick founded her firm, Little Fish Accounting, in 2018 after she started helping her friends with their taxes as a side hustle.
CIMA names next president
In addition to leading the Chartered Institute of Management Accountants, Simon Bittlestone will also serve as chair of the Association of International Certified Professional Accountants.
Charity CEO accused of embezzling funds to dine at Per Se, Masa
Keith Taylor is charged with embezzling about $2.5 million intended to help working families, allegedly spending it on rent for a luxury Manhattan high rise, and meals at top restaurants and steakhouses.
Pathways to Growth: Always be growing!
Accounting firms can’t afford to take their eyes off the future.
9 months into ERC claim processing moratorium, still a waiting game
New employee retention credit (ERC) claims continue to be filed, and the IRS still has a backlog of claims from before a processing moratorium was announced in September. National Taxpayer Advocate Erin Collins says “soon” is the answer to when the moratorium will end. Meanwhile, some business owners sit and wait.