IRS Requests Examiner Training From JVC

JCK Staff -- JCK Online, 10/26/2009 10:49:00 AM

The Internal Revenue Service has asked Cecilia L. Gardner Esq., president and chief executive officer of Jewelers Vigilance Committee, to train IRS examiners on the complexities of the jewelry industry to prepare them to examine jewelers' anti-money-laundering programs for compliance with the USA PATRIOT Act.

Gardner said in a statement that JVC would "train IRS examiners about commonly used, legally compliant methods of doing business in the jewelry industry." She noted that many jewelry businesses, especially small family businesses, operate in ways that IRS examiners may not have encountered before.

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

JCK Exclusive: IRS to Examine Jewelers for Patriot Act Compliance

10/27/2009

JM University

02/19/2009

Cash4Gold Onion Bit

06/19/2009

PATRIOT Act AML rules must still be followed

12/19/2005

JVC Launches "E News and Views"

07/23/2009

Also by this author

• Zale Corp Hit with Class Action Lawsuit

• Consumer Spending Drop Predicted for Holiday Season

• Jewelers of America Announces New Grant Fund for State Association Partners

• Birks & Mayors Sales Down 23.5 Percent In 3Q

• Michael Dyber Awarded Top Prize In Germany 

>>MORE

Sponsored Links