FYI


U.S. Treasury Secretary Henry M. Paulson Jr. appointed James H. Freis Jr. the director of the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury responsible for safeguarding the financial system from money laundering and other illicit financial activities through the administration of the Bank Secrecy Act. Freis previously served as deputy assistant general counsel for enforcement and intelligence, providing legal support to the Treasury’s Office of Terrorism and Financial Intelligence. He replaces Robert Werner, who left FinCEN in December.

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The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.