The IRS Whistleblower Program paid whistleblowers 121 awards totaling $88.8 million in fiscal 2023, up from $37.8 million the previous year.
Day: June 27, 2024
Tax Fraud Blotter: The Empire strikes out
Gone in a Flash; all in the family; spreadsheeting it high and deep; and other highlights of recent tax cases.
IFAC works to develop accounting profession in Africa
The International Federation of Accountants teamed up with the Pan African Federation of Accountants to report on how the profession can play a key role in transforming the continent’s finances.
Settlement offers to be sent on syndicated conservation easements
The IRS is making a time-limited settlement offer to certain taxpayers who participated in syndicated conservation easements. The terms will require “substantial concession” of income tax benefits and the imposition of some penalties.
The past and future of accounting ethics
Ethical standards in accounting encompass the moral principles and rules that accountants are required to adhere to during their professional work.
Campari owner rejects claims after reports of €1B unpaid taxes
The parent of Italian beverages group Davide Campari-Milano NV said it isn’t aware of any investigation following reports over alleged tax avoidance.