Bob Scott

Bob Scott

SEC Bans BF Borgers

 The SEC has banned BF Borgers from audit work for what the agency called “deliberate and systemic” failures to conduct hundreds of audits according to standards of the Public Company Accounting Oversight Board


Returns Rose 1.5 Percent

Tax season closed with a strong finish with returns exceeding 2023 totals by 1.5 percent. The Internal Revenue Service reported receiving 139,137,000 returns for the period ended April 19, up from 137,144,000 through April 21, 2023.


Direct File’s Future Being Studied

The Internal Revenue Service is studying the results of its Direct File Pilot that was conducted in 12 states during the recently ended tax season. The IRS said this month expects to reach a decision this spring.


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