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Bob Scott

Bob Scott

Two Plead Guilty in $2.9-Million Return Fraud

 Two Florida tax preparers have pleaded guilty to filing bogus income tax returns that cost the government slightly less than $2.9 million in fraudulent refunds.. Nikency Alexis and Thony Guillaume entered the pleas to charge of conspiring to defraud the United States and preparing false tax returns.

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Collection Agencies Reup with IRS

Three private collection agencies have received new contracts, the Internal Revenue Service said this week. The agencies can discuss overdue federal taxes with taxpayers and their ax representatives who have been notified by letter by the IRS their accounts been turned over to one of the companies for collection..

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Bloomberg Enhances Hedging Portfolio

Bloomberg Tax & Accounting has enhanced its Accounting Policy and Practice Portfolio Accounting and Disclosure for Derivatives and Hedging Instruments. The additions reflect updated guidance from the Financial Accounting Standards Board, which have been among influences that have dramatically changed the hedge accounting arena.

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