If 2008 was the year that the economy started its tailspin, this is the year that Bernie Madoff, Sir Allen Stanford and Ponzi schemes dominated financial headlines. These events have a significant impact on accountants with tax practices and present excellent opportunities to assist…

Mahany Law If 2008 was the year that the economy started its tailspin, this is the year that Bernie Madoff, Sir Allen Stanford and Ponzi schemes dominated financial headlines. These events have a significant impact on accountants with tax practices and present excellent opportunities to assist clients. Fraud losses are estimated to be in the tens […]

Mahany Law Since Congress amended IRC § 7623 in 2006, the IRS’ new Whistleblower Office has seen significant interest from potential informants with tips about multimillion-dollar cases of tax noncompliance. In the first 12 months after it was established in February 2007, the Whistleblower Office received 116 reports of underpayments of more than $2 million […]

Lawyers share how to shift who you represent by Jane Pribek They’ve walked a mile — and then some — in another’s shoes. They’re lawyers who’ve changed the focus of their practices 180 degrees, joining “the other side.” Some made the change mostly out of practicality, while others said their personal values played a central […]