The American Institute of Certified Public Accountants has announced that it has terminated the membership of Robert P. Hanssen of Vienna, Virginia, effective August 6, 2002, "because of a final judgment of conviction for crimes punishible by imprisonment for one year or more."
More specifically, Mr. Hanssen spied for the Soviet Union and for Russia for 15 years while working for the FBI, until his arrest in 2001. His work led to the execution of at least two U.S. agents in Russia, while revealing some of the FBI's most sensitive intelligence to the Russians.
Mr. Hannsen will not even have the consolation of AICPA membership to help him get through the long days of his life sentence — a grim deterrent for any future Benedict Arnold, CPA.
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to