Many accounting students have their sights set on positions with big accounting firms. That’s certainly an optimal career path. But here’s another: becoming an accountant with a badge, solving financial crimes as a federal agent. To learn what that would be like, 21 accounting students were “sworn in” in November to participate in “The Special […]
Tag: IRS
Faculty Notes
Department of Decision Sciences and Information Systems Irma Becerra-Fernandez (PhD ’94) gave the keynote speech on the first day of the 10th European Conference on Knowledge Management (ECKM) on September 3, 2009. She delivered her talk, which was titled “Knowledge Management and Organizational Learning: Where Technology and Socialization Meet,” to approximately 150 conference attendees. University […]
Be an accountant with a badge: IRS Special Agent Experience shows students how.
On October 23, 2008, members of the Internal Revenue Service (IRS) Criminal Investigations (CI) unit descended on the College of Business Administration. Fortunately, they arrived not to investigate tax crimes but to host a “Special Agent Experience” day for interested accounting majors. [flv:http://business.fiu.edu/newsletters/BusinessNetworks/2008/12/videos/irs.flv 500 334] According to Tessie Brunken, student services assistant director for the […]
Transfer pricing holds clues to international money laundering, terrorist financing, and more.
Combine an economist, a detective, and a pioneer and you end up with John Zdanowicz, professor and Florida International Bankers Association Chair, Department of Finance and Real Estate in the College of Business Administration. For years, he has followed an investigative path that began with a study of international trade patterns, moved to international trade […]
Student volunteers put tax expertise to work for Sweetwater residents.
This tax season, 288 taxpayers in Sweetwater, Florida, got the help they needed to prepare and file their 2007 tax returns, thanks to a group of tax-savvy Florida International University students who participated in the Volunteer Income Tax Assistance (VITA) program. Sponsored by the Internal Revenue Service (IRS), VITA offers free tax help to low-to […]
Research unravels complexities of taxes on rental properties at sale time.
Sharon Lassar Though rental properties attract buyers who hope to gain steady income or to enjoy a high return upon their sale, tax law holds many complexities that can affect the profitability of such investments. Owners may lack awareness of the negative possibilities. Even tax advisors may not know all the potential pitfalls or ways […]
ITA program eases some tax pain.
Myron Lubell Not only did tax payers get an extra two days to file their returns this year thanks to April 15 falling on a Saturday, but also low-income earners in the area benefited from the efforts of 120 hard-working students from the College of Business Administration, trained to complete all the required paperwork for […]
How-to guide helps tax professionals prepare complex new form for corporations.
Cherie Hennig Corporate tax filing has just gotten more complicated with the arrival of a new tax form: Schedule M-3 Net Income (Loss) Reconciliation for Corporations with Total Assets of $10 Million or More. The information recorded on the form will show discrepancies between book and taxable income. With the differences made more obvious—or transparent—the […]