The Internal Revenue Service told nursing homes and other care facilities Tuesday that they shouldn’t be seizing their residents’ economic impact payments.

As hackers and fraudsters take advantage of the chaos of the pandemic, cyberattacks are skyrocketing, according to SC&H Group director Jeff Bathurst -- making cybersecurity all the more important for accounting firms.

As companies are evaluating continued operations, balancing profits with acceptable levels of loss, functioning with massively more remote work and trying to make up for economic disruptions, the first thought tends to be “How can we cut costs?”

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm's fraud and financial crimes practice, offer strategies to help businesses protect themselves from fraud amid the pandemic environment.

Grant Thornton CEO Brad Preber and principal Linda Miller, who leads the firm’s fraud and financial crimes practice, explain why the coronavirus pandemic and the government response to it have created unique opportunities for fraud.

In addition to resources and information on various pandemic-related frauds, taxpayers can email the services tips directly.

The typical case of fraud costs $8,300 per month, and the median duration of each fraud case was 14 months.

The Internal Revenue Service is bracing for another epidemic -- scammers trying to get their hands on the $1,200 payments being sent out to millions of Americans to bolster the economy.

Practitioners are working on education, prevention and remediation.

Two former Puerto Rico officials, along with the head of an accounting firm and three others, were indicted over allegations of theft, money laundering and wire fraud, escalating federal investigations that have been swirling around the bankrupt U.S. territory.

A new report recommends several approaches to help companies avoid malfeasance.

Criminal Investigation veteran Damon Rowe will launch the new effort to fight the unscrupulous.

CPA financial planners are noticing scams perpetrated against their elderly clients, according to a new survey by the American Institute of CPAs.

The new resource includes what to do if you're the victim of ID theft, and advice for tax professionals.

Payroll rigmaroles; bloggers’ taxes; the most out of seasonal staff; and other highlights from our favorite tax bloggers.

The founder of the apparel licenser allegedly inflated the company's revenue and earnings.

The Institute of Management Accountants is helping promote International Fraud Awareness Week, to push financial professionals to do more to ensure fraud prevention and detection are a priority at the companies where they work.

The service has joined an international coalition to help nonprofits fight fraud and financial crime.

Companies lack adequate anti-fraud staff and resources and are seen as more likely to fall prey to fraud than in the past, according to a new report.

The new members will serve three-year terms.