Category Archives: Articles

Irreverent, entertaining, incisive articles on a variety of accounting and tax subjects.

Intuit’s effort to stop tax fraud under scrutiny – who should be blamed for fraudsters using Turbotax to seal returns

The Willis Report:  And tonight’s stunning accusation against Intuit, the maker of Turbotax, the popular tax preparation software.  Two whistleblowers claim that Intuit knew that criminals used its tax software to file fraudulent returns and allowed that to happen.  And … Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

TurboTax’s Anti-Fraud Efforts Under Scrutiny

TurboTax’s Anti-Fraud Efforts Under Scrutiny Two former security employees at Intuit — the makers of the popular tax preparation software and service TurboTax – allege that the company has made millions of dollars knowingly processing state and federal tax refunds filed … Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , | 1 Comment

Bring lunch, a sleeping bag, and a recording device when you telephone call the Internal Revenue Service (IRS)

piese auto online

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , | Leave a comment

TurboTax accounts hacked, delaying tax refunds, compromising personal information, impairing credit rating

Online criminals have been systematically targeting TurboTax, filing fraudulent tax returns of individuals, and diverting their tax refunds to prepaid debit, cards, stealing their personal information, and using and impairing their credit ratings. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Are accountants the future anthropologists of the cyber era?

Are accountants destined to be the anthropologists of the cyber era? Gillian Tett appears to suspect such. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , | 1 Comment

Don’t let a stooge prepare your income tax returns.

Does a stooge prepare your income tax returns? Watch the Three Stooges prepare a tax return and learn from them. Don’t be a stooge: hire a CPA to prepare your next tax return! Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , | Leave a comment

Alayne Fleischmann blows whistle on JPMorgan Chase massive criminal securities fraud

A year ago this month the U.S. Department of Justice announced that the banking giant JPMorgan Chase would avoid criminal charges by agreeing to pay $13 billion to settle claims that it had routinely overstated the quality of mortgages it … Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , | Leave a comment

Connecticut Department of Labor: SNAFU!

Are you as an employer having trouble paying online your unemployment compensationtaxes with the Connecticut Department of Labor? SNAFU. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , | Leave a comment

Berlin looks to build $21 million police department

The Berlin police department is looking to build a new facility, but some residents don’t think spending $21 million should even be considered. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , , , | 1 Comment

Residents Oppose Cost of Berlin Police Department Move to Bigger Space

William Brighenti, who founded the Berlin Property Owners Association, argued that the town can’t afford a new police headquarters, and police should look to clear space in their current building. He thinks one way to accomplish this is to get rid of tactical gear. Continue reading

Posted in Accountants CPA Hartford, Articles | Tagged , , , , , , , , , , , , , , , | Leave a comment