By: Editorial Staff, Date: June 13th, 2023
Accountants frequently encounter several ethical dilemmas that are commonly observed. Explore the intricate ethical balancing act accountants undertake through our informative infographic.
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Up-Close Look at the New IRS Voluntary Disclosure Program: Unravelling New Provisions and Hot Issues
The aggressive focus against tax evasion and other criminal activities around the globe is likely to continue. In the U.S., the crackdown on taxpayers who fail to report offshore financial assets and accounts remains to be a top priority for the Internal Revenue Service (IRS) Criminal Investigation Department, including non-compliant virtual currency that should be disclosed under the expanded cryptocurrency reporting.