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Day: October 25, 2024

NYT Accounting News

IRS slow to stop fraudsters using tax practitioner telephone line

October 25, 2024
The Internal Revenue Service did little to stop fraudsters who used the Practitioner Priority Service Line to fraudulently claim nearly $462 million in refunds, per the Treasury Inspector General for Tax Administration.
NYT Accounting News

EY fires staff for ‘cheating’ on training courses

October 25, 2024
Ernst & Young fired dozens of its U.S. staffers for taking multiple online training courses simultaneously, violating the firm’s ethic’s policies.
NYT Accounting News

CrowdStrike, Carahsoft struck deal to sell software IRS didn’t buy

October 25, 2024
Questions have been raised about how Crowdstrike accounted for the deal in its financial statements.
NYT Accounting News

IRS offers guidance on energy-efficient homes

October 25, 2024
Final regulations are also available for the Advanced Manufacturing Production Credit established by the Inflation Reduction Act.
NYT Accounting News

On the move: Ascend adds chief AI officer

October 25, 2024
Traphagen CPAs raises over $1K for American Cancer Society; KPMG appoints four partners to deal advisory & strategy practice; and more news from across the profession.
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  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
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  • David J. Mesko, CPA

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