Walsh Students Conduct IRS Criminal Investigation Simulation

TROY, Mich., March 12, 2019 — Walsh students, professors and 10 Internal Revenue Service Criminal Investigation Division (IRS-CI) agents participated in the Adrian Project, an interactive program designed to introduce tax and accounting career paths in law enforcement, on Saturday, March 9, at Walsh’s Troy location at 3838 Livernois Rd.

Walsh graduate students, led by IRS special agents, pieced together a hypothetical financial crime while participating in several investigation simulations. Activities included assisting in a traffic stop by an (off-duty) Troy police officer, questioning a suspect, vehicle and trash evidence searches, undercover operations, presenting probable cause to a magistrate and the execution of a search warrant while dressed in IRS-CI vests.

“We want students to see if they can imagine themselves applying their accounting skills in a career outside of the cubicle,” said David Topolewski, IRS Special Agent and Public Information Officer who discovered his own career through the Adrian Project. “This is a gratifying career that ultimately helps protect the community.”

“The Adrian Project is an opportunity for Walsh to take learning outside of the classroom,” said Richard Davidson, Chair of Walsh’s Taxation and Business Law Department. “When we bring what we are teaching to life, it shows a whole new dimension to students. They are directly applying the knowledge and skills they have learned in the classrooms to these exercises.”

“I really enjoyed it. It was an eye-opening experience and I appreciated the agents introducing us to broader IRS job opportunities.” said Walsh Master of Taxation student Kabina Bhari, who acted as an undercover agent as part of the day’s activities.

The Adrian Project was developed at Adrian College in 2002 by a professor and an IRS agent.

For information about Walsh programs, visit https://www.walshcollege.edu/future-students

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ABOUT WALSH
Walsh is an all-business, private, independent, not-for-profit, fully accredited college offering undergraduate and graduate business and technology degrees, as well as certificate programs. Founded in 1922, Walsh is one of the region’s largest business schools and Michigan’s third largest graduate business school, offering classes in several locations as well as online. Our nationally ranked programs integrate theory and application to prepare graduates for successful careers. Walsh degree programs include accounting, finance, information technology, management, marketing, taxation and other fields. For more information, please visit www.walshcollege.edu.

Walsh is accredited by the Higher Learning Commission (www.hlcommission.org) and the Accreditation Council for Business Schools & Programs (www.acbsp.org).

Accounting Aid Society, Walsh College Partnership Helps Non-Profits with Tax Return Preperation

Accounting Aid Society (AAS) and the Walsh College Accounting and Tax Student Organization (ATSO) are piloting a tax return preparation program to help resource-limited charities, nonprofit agencies, and other tax-exempt organizations in southeast Michigan maintain their tax-exempt status.

Federal tax-exempt status allows nonprofit agencies to apply directly for grant funds. Most foundation and government grants require 501 (c) (3) status, part of the Internal Revenue Code. The status also allows potential donors to make tax deductible contributions.

Most organizations exempt from income tax must file an annual information return. In the Pension Protection Act of 2006, the IRS was authorized to revoke the tax-exempt status of organizations that failed to file the required tax return (Form 990, 990-N, 990-PF or 990-EZ).

“Many tax-exempts operate with extremely limited resources or with such small budgets that just trying to keep their lights on is a struggle,” says Daniel S. Hoops, chair, Accounting and Taxation Department, Walsh College. “Complying with the IRS reporting requirements becomes secondary and, unfortunately, sometimes nonexistent.”

Accounting Aid Society, a nonprofit with more than 35 years of income tax preparation assistance, has a long history of working with individuals and organizations through various partnerships and collaborations in metropolitan Detroit.

“Expanding this support to our friends in the nonprofit community and partnering with the students at Walsh College is a win-win for everyone involved,” says Kathleen Hatke Aro, AAS president.

AAS and ATSO will combine their network of tax professionals and tax students to soften the IRS demands placed on tax-exempt organizations. For more information, contact Diana Goode, AAS controller, at diana@theform990.com.

ACCOUNTING AID SOCIETY

Founded in 1972, Accounting Aid Society is a nonprofit organization who provides tax assistance and promotes the economic self-sufficiency of low to moderate income families, seniors and others in need through volunteerism and partnerships.

WALSH COLLEGE
Founded in 1922, Walsh College is a private, not for profit institution offering upper-division undergraduate and graduate business and technology degrees and certificate programs. One of Southeast Michigan’s largest business schools, Walsh has locations in Troy, Novi, Clinton Township, and Port Huron, as well as online. Walsh’s business services division offers the Walsh Institute, which provides solutions for businesses through training, continuing education, and consulting.

Walsh is accredited by The Higher Learning Commission of the North Central Association of Colleges and Schools (www.ncahlc.org; phone: 312-263-0456) and the International Assembly for Collegiate Business Education (IACBE, www.iacbe.org). The Accreditation Council for Business Schools and Programs (ACBSP, www.acbsp.org) accredits specific degree programs.