The Internal Revenue Service is cautioning taxpayers and tax professionals to beware of a new twist on an old scam. Oregon CPA sentenced to prison for defrauding Olympic snowboarder | By Michael Cohn 4 min read | Nathan Wheeler, a 43-year-old CPA in Portland, Oregon, who also owns a marijuana business, was sentenced to 51 months in federal prison for wire fraud and tax evasion after embezzling nearly $1 million from an Olympic snowboarding medalist. | | SPONSOR CONTENT | The Best Accounting Firms to Work For | This annual report on the best workplaces in the accounting profession includes benchmarking data, qualitative analysis of what makes a great accounting practice, and profiles of the top firms. | |
Companies adjust strategies after corporate tax cuts | By Michael Cohn 3 min read | Not as many companies are planning to increase employee wages as a result, according to a new survey by BDO USA. Instead more companies are planning to do stock buybacks, increase corporate dividends and pursue mergers and acquisitions. | | |