Bob Scott

Bob Scott

S.C. Comptroller Fried by $3.5B Error

Mistake mathSouth Carolina’s elected comptroller general, Richard Eckstrom, is resigning after the heat grew intense because of $3.5-billion error in state financial reporting. A CPA, Eckstrom, had held the job for 20 years.

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IRS Provides Info on Medical Expenses

QuestionThe Internal Revenue Service has posted frequently asked questions about whether certain costs can be covered under various medical accounts. The questions are part of the National Strategy on Hunger, Nutrition, and HealthPDF.

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Five Texas Pros Get Prison

gavel Five Texas tax preparers have been sentenced to prison for submitted bogus returns with the manager of Waco-based Tax World, Labanda Loyd, drawing a term of four years three months.

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