Latest Articles

  • Man Sentenced to Four Years for Decades-Long Printer Toner Scam

    By:
    Chris Gaetano
    |
    Sep 7, 2021
    Printer toner, because of its high cost, is often is thought of as a ripoff, but, in at least one case, that metaphorical assessment was all too literal. A California man has been sentenced to four years in prison after having been found guilty of running a multidecade-long scam through which he sold organizations printer toner cartridges at highly inflated prices. 
  • As IRS Is Overwhelmed by Demands, So Too Is Taxpayer Advocate

    By:
    Chris Gaetano
    |
    Sep 3, 2021
    National Taxpayer Advocate Erin Collins, in a recent blog post, said that her officethe Taxpayer Advocate Service (TAS), is facing an unusual number of challenges. These challenges have diminished the TAS's ability to assist taxpayers having issues with the IRS, which itself has been overwhelmed by case work. 
  • IRS Extends E-Signatures on Many Forms Until Year's End

    By:
    Chris Gaetano
    |
    Sep 3, 2021
    The IRS has extended until the end of the year a provision allowing for the use of e-signatures on a wide variety of tax forms that, before the pandemic, needed to be physically signed. 
  • NYS Extends Eviction Moratorium to Jan. 15

    By:
    Chris Gaetano
    |
    Sep 2, 2021
    New York renters will remain protected from eviction through Jan. 15, 2022, after the Legislature passed a bill extending the state's moratorium late Wednesday night. 
  • SEC Announces Charges in Alleged $2B Cryptocurrency Scam

    By:
    Chris Gaetano
    |
    Sep 2, 2021
    The Securities and Exchange Commission (SEC) filed charges against a cryptocurrency lending platform and its executives for allegedly running a scam that defrauded retail investors out of $2 billion. 
  • Poll: 52 Percent of U.S. Companies Plan to Have Vaccine Mandate by Fourth Quarter

    By:
    Chris Gaetano
    |
    Sep 1, 2021
    Vaccine mandates are expected to grow at a record pace, as a recent poll has found that more than half of U.S. companies plan to have one by the fourth quarter of this year. 
  • Study: Number of IRS Civil Suits Declined Precipitously Over Past Decade

    By:
    Chris Gaetano
    |
    Sep 1, 2021
    An analysis by  the Transactional Records Access Clearinghouse (TRAC), a research institute at Syracuse University, has found that the number of civil tax suits involving the IRS has dropped dramatically over the last decade. 
  • TIGTA Announces New Senior Leaders

    By:
    Chris Gaetano
    |
    Aug 31, 2021
    The Treasury Inspector General for Tax Administration (TIGTA) has announced a change  in the agency's leadership team. 
  • Elizabeth Holmes, Once Darling of Silicon Valley, Begins Criminal Fraud Trial

    By:
    Chris Gaetano
    |
    Aug 31, 2021
    Elizabeth Holmes, who had once been a rising star in the tech world, begins her criminal trial today, on federal charges charges of wire fraud and conspiracy to commit wire fraud, for allegedly defrauding investors by to convincing them to buy into her company, Theranos, based on technology that she knew did not actually work. 
  • Regulatory Roundup - Aug. 24-30

    By:
    Chris Gaetano
    |
    Aug 30, 2021
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues.