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 latest trends in managing accounting firms, focusing on sustainability reporting, technology integration, and enhancing client relationships.
Read more...
Explore the rise of cloud accounting as a sustainable and efficient solution for modern firms. Delve into its benefits and challenges, with insights from industry leaders.
Read more...
Explore the latest IRS tax provisions focused on offshore income and digital assets. Learn how accountants can navigate these changes and enhance service offerings.
Read more...
Explore the evolving landscape of sales tax compliance in 2023. Learn how regulatory changes and digital tools are shaping the future for businesses, with insights from major firms.
Read more...
Explore how today's CFOs are transforming from financial stewards to strategic drivers in the corporate world, shaping decisions in technology, investments, and innovation.
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 Plainfield, N.J.-based tax preparer has been sentenced to 30 months in prison for filing fake returns both for clients and himself. Samuel Davis Jr., 54, a former N.J. State Police officer, received the term after pleading guilty to conspiring to defraud the IRS, falsifying his tax returns and witness tampering.
The witness tampering charge stemmed from Davis’ discovery in October 2018 that his son had been subpoenaed to appear before a grand jury and he tried to persuade his son to provide false testimony.
Davis was a detective sergeant with the N.J. State Police who also owned and operated the Get Organized Tax & Accounting tax preparation business. From 2011 to 2016, Davis and co-conspirator, Kyna Felder-Ruiz, filed fake income tax returns for clients. For tax years 2012 through 2014, Davis also underreported income from the tax business.
Davis retired from the State Police in 2016 after 28 years.
Davis was also fined $10,000 and ordered to pay $71,558 in restitution to the Internal Revenue Service. Felder-Ruiznis was scheduled to be sentenced this month after her guilty plea.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind