A CPA based in Atlanta, Ga., is accused of raking in more than $1 million in commissions in an abusive tax shelter scheme. Herbert E. Lewis was indicted this week on 62 counts of alleged involvement in the scheme that generated hundreds of millions of dollars in phony tax deductions.

Bloomberg Tax & Accounting has incorporated CARES Act changes that impact tax years 2018, 2019 and 2020, into State NOL Manager. The software application was formerly known as State Tax Analyzer.

The New Jersey Society of Certified Public Accountants has named Harry P. Wills III as president for its 2021/22 term. A partner at Bowman & Company of Voorhees, Brown succeeds Alan D. Sobel.