The Progressive Accountant
N.C. Preparer Draws 11 Years in Fraud
- Saturday, 13 May 2017
A North Carolina tax preparer has received an 11-year sentence for preparing fraudulent returns and training others to do that same. Herbert Lee Martin of Rockingham, N.C., must also serve three years of supervised release and pay $10,605,420 in restitution to the Internal Revenue Service.
Attorney Sentenced in Bogus Filings
- Tuesday, 09 May 2017
A Bronx, N.Y.-based attorney has been sentenced to two years in prison for filing thousands of bogus tax returns. William Doonan was found to have claimed more than $6 million in bogus deductions for clients of his tax return business.
Thomson Tax & Accounting Revs Up 6%
- Tuesday, 09 May 2017
Revenue for the Tax & Accounting business of Thomson Reuters reached $417 million for the first quarter ended March 31. That was an increase of 6 percent before currency from $389 million a year earlier with the Professional segment leading the way with 13-percent growth.
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