Explore the transformative impact of AI on the accounting industry, highlighting automation, predictive analytics, and the evolving role of accounting professionals.
Read more...
Explore the transformative effect of cloud accounting on modern accounting firms, increasing efficiency and enhancing client satisfaction.
Read more...
Explore how RPA and AI are transforming accounting practices, enhancing efficiency and decision-making, as firms like PWC and Deloitte lead the charge in digital transformation.
Read more...
Explore the evolving challenges of sales tax compliance in the U.S., focusing on nexus laws and technological solutions for businesses navigating online sales.
Read more...
Explore how leadership dynamics in accounting firms are changing due to technology and diversity trends, with insights into modern strategies and tools shaping the industry's future.
Read more...
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
A tax preparation company whose Facebook page a year ago offered free help to clients who felt they were cheated by a competitor has been on the receiving end in the last few months. A federal court has been asked to bar John Newlin, owner of Quick Sam Tax Refund of Gary, Ind., from preparing federal tax returns for others after the Internal Revenue Service said it found 96 percent of the returns prepared by the business had deficiences. Four former Quick Same return preparers have already pleaded quilty to tax-related crimes.
Problems in the returns prepared by Quick Sam may have cost the government more than $35 million.The complaint alleges the company promised customers the largest possible returns but delivered that by fabricatin business expenses, claiming improper tax credits and reporting fictitious dependents to increase customers' tax refunds illegally. Newlin and Quick Sam allegedly give bonuses to employees for these actions.
Ironically, in January 2011, QuickSam's Facebook page carried a link to a story about customers who believed they were cheated by the local Instant Tax Service. The government has sought to close down that company, the nation's fourth largest chain, and brought complaints against five of its franchisees.
The former Quick Sam preparers who pleaded guilty were identified as Charles Standifer, Rhonda Murphy, Chanel Bandy and Brittaney Walker-Lipsey.
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.