Explore how the shift to remote work is transforming firm management in the accounting industry, focusing on technology, security, and client engagement.
Read more...
Discover how quantum computing is poised to transform accounting, offering unparalleled speeds and efficiency in data processing, financial analysis, and real-time decision-making.
Read more...
Explore key trends in tax compliance affecting accountants today, including digitization, international regulations, and the role of technology in tax reporting.
Read more...
Explore the latest changes in sales tax compliance and economic nexus affecting businesses. Learn how recent rulings and technology are shaping tax strategies.
Read more...
Explore recent key shifts in accounting personnel across major firms like Deloitte, PWC, EY, and KPMG. Discover how these changes are influencing the industry's direction.
Read more...
Payroll isn’t just a back-office function; it’s a strategic engine that powers both financial performance and employee confidence. Every payroll run influences cash flow, compliance, and reporting accuracy, while shaping how employees perceive their value within the organization. This special report reframes payroll as a critical driver of financial discipline and a cornerstone of the employee experience, elevating it from…
The Internal Revenue Service his disbarred a Seattle, Wash.-area Enrolled Agent for stealing a client's tax payments and preparing returns with phony deductions for several clients. The Office of Professional Responsibility revoked the EA status of Lorna M. Walker and barred her from preparing federal tax returns for at least five years in a default judgment.
According to the IRS, a client gave Walker two money orders totaling $1,500 to forward to the IRS along with an offer in compromise for delinquent taxes. Instead, Walker added the words "or Lorna Walker" to the payee line and then endorsed and cash the money orders and deposited them into her account.
An administrative law judge also found that Walker filed 1040s for seven claims claiming Schedule C deductions that were unsubstantiated and unsupportable for 2007 and 2008.
The default judgment was entered after walker failed to respond to the administrative complaint and the motion for default judgment. While Walker sent a letter dated September 12 in which he said the client had received his money, the judge held that she failed to admit or deny the allegations and failed to sign it and state that the statements in it were true. She did not respond to additional correspondence.
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.