Richard Hatch, the winner of the first season of the TV reality show "Survivor," has been charged with filing false tax returns by the Office of the U.S. Attorney for Rhode Island. The office alleged that Hatch had filed a false income tax return that omitted the more than $1 million in prize money that he received for winning the popular reality show. He also was charged with failing to report approximately $321,000 paid to him by a Boston radio station for co-hosting a program. The district attorney's office charged that, in November 2002, Hatch filed a false personal income tax return for the year 2000 and neglected to report the $1,010,000 paid to him by Survivor Entertainment Group, the production company of the reality show. Hatch reportedly was paid $10,000 for his appearance on the final episode of the first season, and $1,000,000 for winning the competition.
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The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government shutdown.
October 22 -
A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters.
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Audit and GRC solutions provider AuditBoard announced the launch of Accelerate, its new AI solution designed for risk teams, as well as its acquisition of AI governance solutions provider Fairnow.
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The National Association of State Boards of Accountancy has revamped its CPAverify.org and ALD.nasba.org websites with a new design and more features.
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The Senate passed the Internal Revenue Service Math and Taxpayer Help Act despite the government shutdown, sending it to President Trump for his signature.
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Payhawk launched its Link & Control solution, which allows companies to link their bank-issued corporate cards to the platform.
October 22