CPA Practice

DECEMBER 14, 2023

AICPA Recognizes 11 Outstanding Contributors to Forensic and Valuation Fields at Annual Conference AICPA recently honored the contributions of 11 finance professionals during the 2023 AICPA & CIMA Forensic and Valuation Services Conference held in Las Vegas in November. Dallas, TX Nathan Dean, CPA/CFF/ABV — FTI Consulting, Inc.,

forensic accounting 49

forensic accounting CPA accounting and finance cpas 49

Going Concern

OCTOBER 6, 2022

Over the last week we ’ve taken a look at projected public accounting starting salaries in 2023 for eight cities with a high cost of living and 12 cities with a medium cost of living , and how those salaries compare to the national averages contained in the 2023 Robert Half Accounting & Finance Salary Guide. Senior tax associate.

public accounting 98

public accounting audit Account accountant 98

Withum

FEBRUARY 6, 2023

and India Perspectives This webinar will include an overview and highlights of the 2023 India budget announced on February 1, 2023. State and Local Tax Services Rajesh Tripathi – Principal at Withum, Market Leader – U.S. India Corridor The post On-Demand Webinar: The 2023 India Budget appeared first on Withum.

New York 52

New York tax services Tax 52

CPA Practice

FEBRUARY 17, 2023

This is good news for tax preparers because they can account for the human element by teaching employees and customers effective security strategies. In 2023, these efforts should teach people: Phishing scam trends. Billions of phishing emails are sent daily and 90 percent of cyberattacks start with a phishing scam.

Tax 122

Tax tax preparation cpas Legal 122

ThomsonReuters

MAY 3, 2023

A tax services director in Washington D.C. says that the Treasury Department’s proposal to clarify the tax treatment of on-demand pay arrangements makes it “clear” that the IRS is concerned with the constructive receipt issue of this trending employee benefit.

Construction 59

Construction tax services Tax payroll 59

Cherry Bekaert

FEBRUARY 2, 2024

Introduction Throughout 2023, private equity faced a litany of challenges as it navigated a mini banking crisis, increasing capital costs, and an intractable valuation gap between buyers and sellers, all while facing enhanced regulatory scrutiny. The cumulative impact resulted in a steep decline in overall deal activity.

accounting and finance 83

accounting and finance California cpa firm CPA 83

inDinero Tax Tips

MARCH 17, 2023

You can file for free through the mail, online for a fee through an IRS approved software provider, or have it done for you by a tax services provider. The 2023 version of the form can be downloaded here. We’ll break down what it is, how it’s changing in 2023, and everything else you need to know. Where to mail form 941?

payroll tax 52

payroll tax payroll Tax Agriculture 52

inDinero Tax Tips

MARCH 17, 2023

You can file for free through the mail, online for a fee through an IRS approved software provider, or have it done for you by a tax services provider. The 2023 version of the form can be downloaded here. We’ll break down what it is, how it’s changing in 2023, and everything else you need to know. Where to mail form 941?

payroll tax 52

payroll tax payroll Tax Agriculture 52

CPA Practice

JULY 12, 2023

Bennett started with BSSF as an intern and is now a Staff Accountant specializing in tax services. Deller started with BSSF as an intern and is now a Staff Accountant specializing in tax services. Morrison joined BSSF as a Staff Accountant specializing in tax services. LLP, in Flushing, N.Y.

Pennsylvania 52

Pennsylvania Maryland New York accounting and finance 52

CPA Practice

OCTOBER 3, 2023

Starting salaries for roles in tax services are projected to increase an average of 3.6% in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% The results were: Tax services Senior manager/director: 7.8% Manager: 0% Senior tax associate: 4% Tax associate: 2.8%

public accounting 121

public accounting Account accountant accounted 121

CPA Practice

NOVEMBER 22, 2023

KBKG , a provider of tax services for CPAs and businesses, has identified three changes that the IRS has implemented; each one could have strong impacts on businesses. Those still looking to file an ERC claim can continue to do so under the strict guidance of the IRS and through a certified tax professional, like KBKG.

Tax 110

Tax cpas tax services audit 110

Withum

FEBRUARY 20, 2024

It is your first step so that we can help you create a strategy to minimize taxes for the coming year, as well as develop a long-term tax strategy to benefit your retirement plan, family, and heirs. Let’s Chat The post 2024 Tax Pocket Guide appeared first on Withum.

Tax 119

Tax tax planning tax services 119

CPA Practice

MARCH 13, 2023

Abbey will begin her role as COO Summer of 2023. FORVIS adds Joe Perfetto as assurance partner in New York FORVIS, a professional services firm, recently announced the addition of Joe Perfetto as an assurance partner in its New York office. She and her husband Andrew reside in Sandusky with their newborn triplets.

Real Estate 52

Real Estate forensic accounting Connecticut cpas 52

Withum

SEPTEMBER 1, 2023

On August 30, 2023, the IRS announced relief from certain tax filing and payment deadlines for individuals and businesses in parts of Florida that were affected by Hurricane Idalia. The tax relief postpones various tax filing and payment deadlines that occur from August 27, 2023, through February 15, 2024 – the postponement period.

Tax 98

Tax tax return Florida payroll 98

Withum

JANUARY 12, 2023

These relief provisions provide an extended due date to May 15, 2023, for disaster-affected taxpayers to file returns. For more information about the IRS’ relief provisions for California taxpayers affected by this winter’s storms, please see IRS CA-2023-02 and IRS Alert IR-2023-03. Contact Us. Let’s Chat.

California 122

California Tax tax return payroll tax 122

CPA Practice

OCTOBER 2, 2023

According to LHH, there is more optimism heading into 2024 than there was this time last year as 2023 approached. Heading into 2023, many were bracing for an almost certain recession. However, despite these concerns, the labor market simply maintained a slow, but steady pace of growth.

public accounting 72

public accounting accountant salary Account accountant 72

Going Concern

OCTOBER 3, 2023

Percentage change is in parentheses and rounded to two decimal places.

public accounting 133

public accounting accountant salary Account accountant 133

Withum

FEBRUARY 27, 2023

The last updated news release on February 24, 2023, states that affected taxpayers now have until October 16, 2023 to file various individual and business tax returns and make tax payments. What Items Are Now Extended Until October 16, 2023? The IRS also announced that the Oct. Who Is an Affected Taxpayer?

California 119

California tax return Nevada payroll 119

Withum

FEBRUARY 1, 2024

The refundable child tax credit would continue to increase by $100 per year through Dec. The bill would also expand low-income housing credit and financing, disaster tax relief, and U.S. trillion for the fiscal year ending 2023. As reference, the federal budget deficit totaled nearly $1.7

Tax 124

Tax Finance tax services business tax 124

CPA Practice

APRIL 26, 2023

The State of Pennsylvania Accounting Firms in 2023 is a comprehensive white paper conveying critical insights for practitioners while highlighting the challenges and opportunities facing Pennsylvania accounting firms and the industry more broadly.

Pennsylvania 52

Pennsylvania public accounting accounting firms Account 52

Withum

JANUARY 31, 2024

Quarterly payroll and excise tax returns that would be due on October 31, 2023, January 31, and April 30, 2024. Calendar-year partnership and S corporation 2023 returns that would be due on March 15, 2024. Calendar-year tax-exempt organization 2022 returns that would be due on May 15, 2024.

Rhode Island 72

Rhode Island income tax Tax tax return 72

Going Concern

OCTOBER 14, 2022

in 2023, and that Randstad predicts salaries for traditional public accounting roles will increase for nearly all positions next year. Today we’re reviewing the 2023 Accounting & Finance Salary Guide from the last of the “big 3” recruiting and staffing firms, Accounting Principals, which is now called LHH Recruitment Solutions.

accountant salary 52

accountant salary public accounting Account accountant 52

Withum

JANUARY 16, 2024

Extension of 100 Percent Bonus Depreciation: Bonus depreciation was reduced to 80% for qualified property placed into service after December 31, 2022, and to 60% for qualified property placed into service after December 31, 2023. For the 2023 taxable year, a 179 expense of $1.16

Tax 118

Tax Tennessee New Jersey Massachusetts 118

Withum

OCTOBER 6, 2022

Last week, the Federal Government released guidance allowing certain federal tax filings and payments to be extended until February 15, 2023, for the victims of Hurricane Ian. Businesses (including tax-exempt organizations) whose principal place of business is located anywhere in Florida can also obtain relief.

Government 124

Government income tax tax return Florida 124

Insightful Accountant

DECEMBER 25, 2023

Intuit will launch a new QuickBooks Live 'Tax' service for the 2023 tax filing year. The new service will go live in January, 2024.

quickbooks 52

quickbooks Tax tax services 52

CPA Practice

JANUARY 3, 2024

The new partner class at Moss Adams includes: Irina Antonache (Portland, OR, Tax Credits & Incentive Services) Sam Battle (San Francisco, Real Estate Practice) Lisa Dion (Seattle, Technology Practice) Jeff Driesen (San Francisco, International Tax Services) Breanne Eagles (Medford, OR, Automotive & Dealer Services Practice) Nick Fusca (..)

Real Estate 52

Real Estate Kansas tax services Construction 52

CPA Practice

OCTOBER 2, 2023

With an economy still trying to gain more certain footing, businesses facing new market conditions, and a constantly evolving IRS, the business and tax advisors at KBKG have identified three of the most significant changes the IRS has implemented, each of which can have strong impacts on businesses. This impacts the Sec.

Tax 106

Tax cpas audit tax services 106

CPA Practice

OCTOBER 3, 2023

With an economy still trying to gain more certain footing, businesses facing new market conditions, and a constantly evolving IRS, the business and tax advisors at KBKG have identified three of the most significant changes the IRS has implemented, each of which can have strong impacts on businesses. This impacts the Sec.

Tax 103

Tax cpas audit tax services 103

CPA Practice

JANUARY 30, 2024

sales tax rate changes reached a 10-year high in 2023, proving once again that it will be challenging for businesses to meet their ever changing compliance obligations. This is according to data in the 2023 End-of-Year Sales Tax Rates and Rules report, which is conducted annually by Vertex a provider of tax technology solutions.

Sales 72

Sales Tax auditor tax services 72

Withum

OCTOBER 9, 2023

On October 4, 2023, Massachusetts enacted tax legislation (H.4104), Furthermore, the legislation reduces the short-term capital gains tax rate for individuals, estates, and trusts from 12% to 8.5%, which is retroactive for 2023. 4104), which will dramatically affect how businesses calculate their Massachusetts income.

Massachusetts 72

Massachusetts Sales Tax tax return 72

Withum

DECEMBER 7, 2023

On November 28, 2023, the Tax Court ruled that the exception from self-employment tax for limited partners does not apply to limited partners who actively participate in the partnership’s business operations. It concluded that their level of participation was inconsistent with an exception from self-employment tax.

Tax 121

Tax Delaware tax services audit 121

Withum

JANUARY 8, 2024

The IRS released two pieces of favorable guidance on Friday, December 22, 2023, clarifying the definition of contract research and identifying automatic changes in accounting methods for the 2023 taxable year in relation to Section 174 research and experimental (“R&E”) expenditures.

tax return 78

tax return audit Tax income tax 78

Withum

MARCH 7, 2024

Is the IRS Still Processing ERC Claims, and What’s the Status of the Processing Moratorium It Announced on September 14, 2023? The IRS announced it would not process ERC claims filed after September 14, 2023, but at that time it was still working through a sizeable backlog of claims that were filed before that date.

Tax 126

Tax income tax tax return audit 126

CPA Practice

NOVEMBER 13, 2023

In August 2022, the American Institute of CPAs (AICPA) released proposed revisions to the Statements on Standards for Tax Services (SSTSs) for public comment. The AICPA’s Tax Executive Committee (TEC) reviewed and adopted the updates to the SSTSs on May 18, 2023; the updated standards will be effective on January 1, 2024.

Tax 59

Tax tax services tax return cpas 59

CPA Practice

MARCH 6, 2024

Lettuce has launched its new solution for accounting and tax services for solopreneurs, with $6 million in seed funding led by Zeev Ventures to fuel growth and product development, and its Solopreneur Accelerator program. To participate, register by March 31 at [link].

tax return 52

tax return Tax Healthcare tax services 52

CPA Practice

NOVEMBER 15, 2023

The American Institute of CPAs recently recognized three prominent Tax Division members during the 2023 AICPA & CIMA National Tax & Sophisticated Tax Conference and Fall Tax Division Meetings. Myers, CPA, received the Jonathan Horn Distinguished Service Award. Karl, CPA – 2023 Arthur J.

Tax 112

Tax CPA cpas Washington 112

CPA Practice

JANUARY 8, 2024

Building off the success of the 2023 tax season that saw significant improvements following passage of the Inflation Reduction Act, the 2024 filing season will continue reflecting the focus on improving services to taxpayers. Most tax return preparers provide outstanding and professional tax service.

Tax 133

Tax tax return income tax Massachusetts 133