Ron Friedman, CPA

12/19/2022

Vendor closed our conversation with, "see you on the flip side."

When did CB radio terminology become cool?

10/29/2022

Tax evasion is a crime, no matter who you are. How this individual got away with it for so long, with the visibility of his position, boggles the mind.

An act like this shakes the public trust in elected officials. Time for term limits across the board.

A former member of the Texas House of Representatives pleaded guilty today to evading payment of outstanding taxes he owed to the IRS. The plea was entered before U.S. Magistrate Judge Susan Hightower.

10/20/2022

It's quite remarkable to CONTINUE to read about cash skimming schemes, especially by business owners. Oh what a tangled web we weave....

The co-owner of multiple bars and a restaurant in Georgia pleaded guilty today to tax evasion.

10/13/2022

Are you Fed-up over Crypto currency? The Federal Reserve is certainly taking notice, and regulation may be around the corner. I have mixed feelings about that. How about you?

Americans of all ages have seen their comfort level with cryptocurrency sink sharply over the last year.

10/07/2022

Reporting these incidents never gets old. Oh, by the way, this is why the IRS is hiring tax auditors.

A California man was sentenced today to 10 years in prison for conspiring with others in schemes to defraud the Internal Revenue Service (IRS) and the Paycheck Protection Program (PPP), a federal loans initiative designed to help businesses pay their employees and meet expenses during the COVID-19 p...

09/23/2022

The rules about independent contractors and gig workers have different definitions for different stakeholders. Will you be caught in the trap?

Gig economy companies classifying their workers as independent contractors continue to face lawsuits, state action, and federal agency enforcement

09/20/2022

Who DIDN'T see this coming?

The Justice Department said the defendants had stolen $240 million intended to feed children, in what appears to be the largest theft so far from a pandemic-era program.

09/20/2022

Imagine what the real conspiracy was considering the plea agreement....

Two North Carolina women pleaded guilty today to conspiring to defraud the United States by preparing false tax returns for clients and causing them to be filed with the IRS. In total, Hawkins, Ricks, and their co-conspirators caused more than 1,000 false tax returns to be filed with the IRS that cl...

08/24/2022

A long overdue mea culpa, IRS!

IR-2022-155: COVID tax relief: IRS provides broad-based penalty relief for certain 2019 and 2020 returns due to the pandemic; $1.2 billion in penalties being refunded to 1.6 million taxpayers Internal Revenue Service (IRS) sent this bulletin at 08/24/2022 11:16 AM EDT IRS Newswire August 24, 2022 Ne...

08/16/2022

New tax planning advise for our educators:

For 2022, the amount increased to a maximum of $300 and will increase in $50 increments in future years based on inflation.

08/04/2022

As detestable my home state's tax collection system is, they do have one thing right: 2D Barcoding on all submitted returns. Returns are processed in a matter of WEEKS not months, unlike the Federal government.

IRS’s Deputy Commissioners respond to the March 29th Taxpayer Advocate Directive issued by the National Taxpayer Advocate.