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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. | |
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| 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. | |
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