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Tax ID Fraud is Taxing on Financial Institutions

Abrigo

Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention. Takeaway 1 Fraudsters file illegitimate tax returns early, hoping people wait to submit their legitimate ones.

Taxes 195
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Join Sageworks and Linda Keith Wednesday February 24th for “The Cs of Credit Guidelines for Tax Return Analysis” Webinar

Abrigo

In this webinar, Sageworks is teaming up with Linda Keith CPA again to bring you more great information about tax return analysis. Linda has been a guest speaker on several Sageworks webinars that covered topics like Global Cash Flow , Red Flags for Tax Return Analysis and Making Judgement Calls for Tax Return Analysis.

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Spain releases guidelines for minimising crypto tax evasion risk

The Paypers

The State Agency for Tax Administration of Spain has published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin, according to news.bitcoin.com.

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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

Taxes 193
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Hedging Bets, Hedging Taxes As Taxman Cometh For Cryptos  

PYMNTS

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming … or both. You can’t tax something – a least not easily – without defining what is being taxed.

Taxes 100
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How tax accountants can provide valuation services

Abrigo

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. CPAs providing tax services, especially, should find that offering valuation services is an attractive way to not only retain those clients but to also generate new revenue from these existing clients.

Taxes 170
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Zuckerberg Talks Guidelines For How To Regulate Facebook

PYMNTS

He has recently signaled that he would support Facebook paying higher taxes in Europe. He didn’t say what he would be willing to support and didn’t clarify specifically what rules he envisioned. Next week, Zuckerberg will visit Brussels and speak with the European Union about regulatory issues.