Outrageous & Not-So-Funny
Once Again, BOI Reporting Temporarily Suspended
The BOI reporting requirements by FinCEN remain controversial, with enforcement efforts facing significant legal challenges. The federal government has appealed the court’s December 3rd decision. While the injunction temporarily suspending BOI reporting was lifted briefly, it has since been reinstated. Below is a quick summary and timeline of the current status of the temporary injunction…
Read More23% of IRS Computers & Other IT Equipment Unaccounted For
Treasury Inspector General for Tax Administration (“TIGTA”) issued their report on September 16, 2013 titled, “Weaknesses in Asset Management Controls Leave Information Technology Assets Vulnerable to Loss” (Reference 2013-20-089) Excerpt from the reports highlights section… TIGTA also found that ineffective inventory controls created an environment where information technology assets are vulnerable to…
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