Going Concern

NOVEMBER 11, 2022

Accountants, your moment has finally come. From the moment you chose accounting as a major you have been relentlessly teased and taunted. “So does this mean you can do my taxes?” ” teased your uncle who continues to ask you to do his taxes even though you’re now an audit manager. So gloat away.

Account 56

Account accountant accounted Entertainment 56

Going Concern

SEPTEMBER 22, 2023

Here we are again talking about the accountant shortage. Mark Maurer at Wall Street Journal wrote today about a young man named Omer Khokhar who realized after six years in accounting that he was done. The article title: “Job Security Isn’t Enough to Keep Many Accountants From Quitting.” ” Ruh-oh.

Account 110

Account accountant accounted CPA 110

Going Concern

AUGUST 25, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

tax preparation 86

tax preparation CPA payroll tax Illinois 86

Going Concern

AUGUST 29, 2023

So a guy named Brian Kelleher who works for the hilariously named FML CPAs has written an opinion piece for the Hartford Courant entitled “Opinion: Accounting is a fantastic career — despite common misconceptions.” I’m involved in recruiting for one of the largest accounting firms in Connecticut. The world needs them.

Account 89

Account accountant accounted public accounting 89

ThomsonReuters

SEPTEMBER 1, 2022

Imagine this: An advisory-focused conference built by advisory experts that helps tax and accounting practitioners capitalize on the success of their business. And the topics of conversations were wide-ranging and meaningful to today’s tax and accounting firms. “ Connecting beginners and old pros.

Florida 52

Florida Tax Account accountant 52

Going Concern

APRIL 14, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting problems in Signal Mountain began in 2021 and increasingly got worse, he said. What was not done by the town had to be done by the accountants.

Tax 93

Tax auditor audit accounting firms 93

Xero

APRIL 27, 2023

As for using these technologies in tax and financial advice: if that advice is bad, the consequences could be severe and the accountability measures tricky. In a discussion led by Xero’s GM of AI Products, Soon-Ee Cheah, we explored both the benefits and potential pitfalls of tools like ChatGPT.

Legal 85

Legal Technology Tax Account 85

Going Concern

MARCH 4, 2022

Pandemic has exacerbated tax-season anxiety, accountant says [ Global News ] No s**t? in Tax Season ‘Chaos’ [ New York Times ] At the Internal Revenue Service’s sprawling Kansas City, Mo., in Tax Season ‘Chaos’ [ New York Times ] At the Internal Revenue Service’s sprawling Kansas City, Mo., Decades of Neglect Leave I.R.S.

audit 62

audit Kansas auditor bookkeeping jobs 62

ThomsonReuters

JANUARY 31, 2022

Customs authorities rely on the HS to collect trade tariffs, guide tax policy, establish rules of origin, and collect data on virtually every aspect of cross-border trade. The WCO updates the Harmonized Commodity Description and Coding System, commonly known as the Harmonized System (HS) , every five years.

Technology 98

Technology Virginia Tax Account 98

Going Concern

SEPTEMBER 1, 2022

Announced today, former President Donald Trump and his former accounting firm, Mazars, have officially given up a three-year court battle and the House Committee on Oversight and Reform will finally get to see the financial records they’ve been trying to get since 2019.

accounting firms 76

accounting firms Account accountant accounted 76

ThomsonReuters

FEBRUARY 8, 2021

In the digital age, tax executives must shift from traditional tax roles in order to be ready for changes that are coming to the industry. The challenge for tax professionals is finding the time to focus on strategic objectives when their plates already are filled with traditional tax functions.

Technology 52

Technology Tax tax return Account 52

Going Concern

MARCH 17, 2022

Before we get to that, my handlers have asked me to remind you that Footnotes is a weekly wrap-up of accounting news not published here that you may have missed. If you want to know what’s going on in accounting but can’t stand our shitposting and pathetic attempts at pithy commentary then Footnotes is for you.

Government 52

Government Technology Tax tax return 52

Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline. There’s a lot happening this week.

Government 71

Government Gambling audit CPA 71

CPA Practice

JANUARY 12, 2024

But one of the one of the major things I think that needs to be said about it is that the major the major AI initiative that TR is chasing is the is incorporating sure preps document and information ingesting process on the front end of a tax return. Use the podcast player below to listen. SPEAKERS Randy Johnston, Brian F.

Technology 40

Technology Account accountant accounted 40

ThomsonReuters

MARCH 10, 2023

If you’re a leader in a tax and accounting firm, you know the pain that disconnected teams, lack of visibility, and inefficient workflows can bring. You also may have heard of APIs; however, many accountants are unsure of what they are and how they can help simplify workflow and boost profitability. What are APIs?

Technology 59

Technology accounting firms Tax Account 59

ThomsonReuters

JUNE 10, 2021

Summertime Tax Tips. Let’s go over a few summertime tax tips for payroll professionals this season: 1) Interns. Also, 12 U.S. states have 70% of adults with at least one vaccine and 28 states and the District of Columbia have fully vaccinated 50% or more of their adult population. Prior to that there were six factors. 1, 2021 to Sept.

payroll 98

payroll Vermont Tax Connecticut 98

PYMNTS

JANUARY 1, 2021

Smart ATMs are being leveraged en masse to provide a similar range of banking transactions as can be accomplished by human tellers, and many banks are also deploying virtual video meetings so customers can interact with bank staff without leaving the comfort and safety of their homes. Buy Now, Pay Later. Digital-First Banking. Disbursements.

B2B 103

B2B Retail Government Education 103

PYMNTS

DECEMBER 19, 2016

Chetty and his team did that by gaining access to the anonymized tax returns of people in their mid-30s over a 40-year period between 1940 and 1980. While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. population. Stop and think about that for a minute.

Retail 88

Retail Education B2C Gaming 88