Bob Scott

Bob Scott

IRS Shows Returns Flat

Total tax returns received through March 10 were .1 percent lower than the number received by the Internal Revenue Service through March 11, 2022. But the number of efiles submitted for the same period were up 2 percent year-over-year, according to the latest numbers from the IR

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Rippling Raises $500 Million

Rippling stumbled into a $500-million financing round this month. The company had originally sought the capital because $545 million of customers’ money was frozen by the collapse of Silicon Valley Bank.

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ID Thieves Claimed $111M in Refunds

Fraud signA group that used stolen identities of accountants and taxpayers filed at least 371 bogus returns that claimed $111 million in tax refunds, the Justice Department has charged. Six individuals, lead by Abraham Yusuff, of Round Rock, Texas,  re accused of conducting the scheme from 2016 through 2019.

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