IRS missing referrals on preparers Too busy getting nasty emails from the AICPA and shredding Lois Lerner's BlackBerry, obvs: "IRS staffers didn’t evaluate roughly a third of referrals dealing with potentially fraudulent tax return preparers, according to a new federal report." [The Hill]
Gibberish quote of the day [Twitter]
"We continue to stay ahead of the disruption facing the industry," says Deloitte Global CEO Barry Salzberg #FY14revenues
— Deloitte (@Deloitte) September 25, 2014
Accountant who defrauded clients out of £2.3million in pyramid scheme and spent the cash on porn is jailed You have to be an idiot to squander away all that money on porn: "Geoff Langdale, 63, gained his victims' trust before encouraging them to hand over their cash so he could invest it for them. But instead he squandered thousands of pounds on adult websites, including a Russian dancer's webcam, and used clients' cash to keep his own business going." [Daily Mail]
A tax accountant turned pimp is running a brothel out of his home I am not responsible for retching should you click over and see his photo [Belfast Telegraph]
Changes Within the IRS [Fox Business]
Newark truck company owner hides $1.7M in personal piggy bank, IRS says Yeah, don't do this: "Authorities say Charles Hammed, 66, who owns C & A Trucking Company based in Newark, deposited about 86 business checks worth $1,780,709 into his personal bank account." [NJ.com]