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Leniency in cancer case; rehab rip-off; repayment unlikely; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-goin-to-jail-boss
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“Fraud in the health care industry is a fact of life. In 2016 alone, the federal government estimated that improper payments by Medicare and Medicaid totaled about $95 billion. And that’s only a single year’s amount for just two of the government’s many health care programs. With an aging population, increased health care spending, the…
Read MoreThe American Institute of CPAs has received an increasing number of questions on sustainability assurance engagements. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-teams-with-gri-sasb-on-sustainability-assurance
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Supporters and critics of Democratic presidential nominee Joe Biden’s tax plan have made a variety of claims about the size of the tax proposals, ranging from “not big enough” to the “biggest tax increase in history.” Comparing his tax proposals—which include higher taxes on high-income earners and businesses paired with more generous provisions for households…
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A message appeared in the chatbox. “Always trust the parents. If they think the shunt has failed, more likely than not, they’re right.” It was one of the two fifth-year neurosurgery residents, both present on the video platform for virtual clinic to moderate medical students through patient cases. Prior to each virtual clinic session, the…
Read MoreThe CPA Success Index estimates students’ progress toward completing all four parts of the exam in 18 months. Original Article Posted at : https://www.accountingtoday.com/opinion/a-better-analytic-for-measuring-students-potential-to-pass-the-cpa-exam
Read MoreI come from a long line of “dejunkers.” We’re those people who constantly scan their homes for items that haven’t been used for a while — and toss them out. But when I married a graduate student, and we lived on a marginal income, I realized that some of that stuff I previously had tossed…
Read MoreMany of the current regulations would still remain valid. Original Article Posted at : https://www.accountingtoday.com/opinion/tax-strategy-proposed-regs-on-property-for-like-kind-exchanges
Read MoreThe accounting profession’s efforts to date haven’t yielded as much as many hoped, but that doesn’t mean accountants can give up. Original Article Posted at : https://www.accountingtoday.com/opinion/time-to-start-again-on-diversity
Read MoreDuring this tumultuous year, you may wonder if there is any government official who can unite us. That’s not likely, according to polling data from research firm YouGov. Each week, the company polls a sample of people who mirror national demographics to see which politicians are their favorites — and ours. Their findings indicate that…
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