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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October 29, 2019
Upcoming Events October 29, 2019
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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Down payments on the future of accounting
By Daniel Hood      3 min read
No matter how big or small their practice is, accountants need to invest in themselves.
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Avalara plans new cross-border tax initiatives
By Michael Cohn      5 min read
The tax software developer is planning to take on some new projects in the U.S. and abroad.
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Diverse companies are more profitable, report finds
By Sean McCabe      3 min read
Crowe's second annual 'The Art of Smart' report also found that female leadership is highest in European corporate boards.
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Big Four firms grab greater share of U.K. audit market
By Michael Cohn      2 min read
Despite a series of accounting scandals, the major firms are increasing their dominance.
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Congress’ budget team can’t tell if tax cuts caused revenue drop
By Laura Davison      2 min read
The federal government is taking in less money but can’t tell if the shortfall is tied to the 2017 tax cuts or other factors like trade uncertainty, the Congressional Budget Office said in a letter.
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Inside the cannabis industry
By Daniel Hood
Zach Gordon, a pioneer in serving the marijuana business and senior manager of the cannabis practice at Janover LLC, shares the issues facing this new niche, and how accountants can and should work with it.
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Art of Accounting: Diversity insensitivity
By Edward Mendlowitz      3 min read
We need to be aware of things that we do that make others uncomfortable, especially women and members of minority groups.
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IRS shifts authority over tax appeal denials to chief counsel’s office
By Michael Cohn      2 min read
Internal Revenue Service Commissioner Charles Rettig issued an order Friday transferring authority over denials of requests for tax appeals to the IRS’s Office of Chief Counsel, despite recent legislation creating an independent Office of Appeals at the IRS.
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PCAOB hires new CFO amid internal turmoil
By Michael Cohn      3 min read
The board has brought in Holly Greaves, a former CFO at the EPA, as its new CFO, but not publicly announced the move.
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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.
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