The SEC has dismissed the request of a Utah CPA to review action by the Public Accounting Oversight Board. The SEC decision means a $75,000 civil money penalty have been lifted against Edwin "Ted" Reese Davis Jr. Read more...

A federal court has permanently barred Luvander Hollaway of Newark, N.J. from preparing federal tax returns for others. Hollaway was acccused of falsifiying reported income and listing fake dependents so his customers could claim the maximum earned income tax credit. Hollaway consented to a civil injunction order. Read more...

Mentor Plus and Corelytics have joined to launch a Coach Incubator Program for accountants and other business advisors. The goal is expand their business mentoring mindset, skills set and toolset.