The Progressive Accountant

Amex, Bill.com Launch Vendor Pay

paymentsAmerican Express and Bill.com have launched Vendor Pay to be offered by Bill.com. The new service enables businesses to pay vendors with their American Express Business or Corporate Cards.

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Cryptocurrency Portfolio Available

BitcoinBloomberg Tax has released Taxation of Cryptocurrencies No. 190, a new Tax Management Portfolio. The treatise, authored by Jim Calvin, a tax partner with Deloitte Tax, discusses federal income tax treatment of Bitcoin.

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Mississippi CPA Convicted of Filing Fraud

Carl Nicholson, CPACarl Nicholson, once auditor for Hattiesburg and Forrest County, Miss., has been convicted of filing phony returns for clients and his own income taxes. A federal jury this month convicted the CPA of conspiracy to defraud the United States, six counts of aiding in the preparation of false tax returns, and four counts of filing false tax returns

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