books and records libros y registros

¡Libros y Registros Adecuados Pasados por Alto a Menudo!

January 2024

La Sección 6001 del Código de Rentas Internas requiere que los contribuyentes mantengan libros y registros adecuados y “que toda persona responsable de cualquier impuesto requerido por el Código, o de su recaudación, debe mantener dichos registros, rendir tales declaraciones,

  • Foodman Website and JD Supra
books and records libros y registros

Adequate Books and Records Often Overlooked!

January 2024

Internal Revenue Code Section 6001 requires Taxpayers to maintain adequate books and records and “that that every person liable for any tax imposed by the Code, or for the collection thereof, must keep such records, render such statements, make such

  • Foodman Website and JD Supra
fraude and occupational fraud

El Fraude Ocupacional es el Delito Financiero más Común

November 2022

“El fraude ocupacional es muy probablemente la forma de delito financiero más costosa y común del mundo”, según el Reporte a las Naciones  del 2022 emitido por la Asociación de Examinadores de Fraude Certificados (ACFE), la organización antifraude más grande

  • Foodman Website and JD Supra
tax avoidance evasion fiscal

IRS warns Taxpayers against Tax Avoidance Strategies

July 2022

The IRS wrapped its 2022 Dirty Dozen scams list urging taxpayers to watch out for and avoid being misled by tax avoidance strategies.  Making the 2022 List are Cryptocurrency, non-filing, abusive syndicated conservation easement and abusive micro-captive deals. Taxpayers ought

  • Foodman Website and JD Supra
fraude and occupational fraud

Occupational Fraud is the Most Common Financial Crime

June 2022

“Occupational Fraud is very likely the costliest and most common form of financial crime in the world” as per the 2022 Report to the Nations issued by the Association of Certified Fraud Examiners (ACFE) – the world’s largest anti-fraud organization. 

  • Foodman Website and JD Supra
accounting services and "sevicios de contabilidad"

OFAC Pone Los Servicios de Contabilidad a los Ciudadanos Rusos Fuera de los Límites

June 2022

Los servicios de contabilidad, la formación de empresas y fideicomisos o los servicios de consultoría de gestión ahora están fuera del alcance de los ciudadanos rusos según el anuncio de la Oficina de Control de Activos Extranjeros (“OFAC”) del Departamento

  • Foodman Website and JD Supra
accounting services and "sevicios de contabilidad"

OFAC puts Accounting Services to Russian Nationals Off-Limits

June 2022

Accounting Services, Trust and Corporate Formation, or Management Consulting Services are now off limits to Russian Nationals as per the May 8, 2022 U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announcement of a Determination pursuant to

  • Foodman Website and JD Supra
IRS Audit

What To Do If The IRS Wants to Audit You

November 2021

Rule #1: Don’t Panic! Under the Biden Administration’s proposed American Families Tax Plan, there is the possibility of more tax audits, but only for a certain groups of high income people. That’s because more information would be reported to the

  • Foodman website and JD Supra
tax fraud

EN POCAS PALABRAS: NUNCA SE ENCUENTRE EN UN CASO DE FRAUDE FISCAL SIN UN ABOGADO Y UN CONTADOR FORENSE TRABAJANDO EN UN EQUIPO

November 2021

El IRS agregó recientemente nuevas categorías de fraude fiscal En su Manual de Fraude actualizado recientemente, el IRS agrega nuevas categorías de fraude fiscal, incluyendo el ocultamiento de cuentas bancarias nacionales o extranjeras y activos digitales como la moneda virtual.

  • Foodman website and JD Supra
tax fraud

How a Forensic Accountant Can Help Attorneys in Tax Fraud Cases

November 2021

The IRS recently added new categories of tax fraud In its recently updated Fraud Handbook, the IRS adds new categories of tax fraud, including concealing domestic or foreign bank accounts and digital assets such as virtual currency. And they are

  • Foodman website and JD Supra
audit blue image

Forensic Audits are Trending

July 2021

The demand for forensic auditing services is soaring during our ongoing Covid-19 pandemic. In the space of Certified Public Accountants (CPA) service offerings, forensic auditing is a recognized   tool for detecting and preventing fraud or financial crimes.  Keep in mind

  • Foodman website and JD Supra
fraud

How is your Organization’s Performance with Respect to Fraud?

May 2021

US Regulations including the Foreign Corrupt Practices Act (FCPA), Sarbanes-Oxley Act and Anti-Bribery legislation require that Management in a business have a zero tolerance for fraud and have an Audit Committee in place that will establish the procedures for receipt

  • Foodman website and JD Supra