Accounting Today

JUNE 12, 2025

Alvarez did not have a PTIN and admitted that in 2019 and 2020 she misrepresented taxpayers eligibility for education credits and deducted fictitious business expenses from their taxable income to reduce tax liabilities and inflate refunds. All rights reserved.

Tax 85

Tax tax preparation audit Technology 85

Going Concern

MARCH 19, 2025

All they had to do was nab KPMG Kenya and it would be a true world tour of audit naughtiness. Said the PCAOB in their press release about this 9-way KPMG smackdown: These disclosures are particularly significant in multi-country audits, where it is even more likely that multiple parties worked on an audit.

auditor 52

auditor audit accounting firms public accounting 52

CPA Practice

JULY 9, 2025

OBannon BDO USA , one of the nation’s leading accounting and advisory firms, has announced that Matthew K. Related article: BDO USA CEO Wayne Berson to Retire Next Year As national managing principal of tax, Becker leads the strategy and operations of BDO USA’s tax practice , which has more than doubled in size since 2019. Isaac M.

Technology 109

Technology payroll audit payroll tax 109

CPA Practice

JULY 14, 2025

Mary Girsch-Bock Professionals on the Move is a round-up of recent hiring, promotion and staffing announcements from around the accounting and tax profession. Patrick Hickman, CPA , joined the firm in 2023 following a decade in public accounting with other firms. His experience spans a variety of industries and includes private equity.

West Virginia 51

West Virginia Technology Pennsylvania accounting and finance 51

Accounting Today

JUNE 24, 2025

The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

audit 71

audit CPA accounted Account 71

MyIRSRelief

OCTOBER 11, 2024

Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals. This might include contributing to retirement accounts, making charitable contributions, and taking advantage of tax credits.

tax services 130

tax services payroll tax Tax tax preparation 130

Accounting Today

JULY 16, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email Armanino, a Top 25 Firm based in San Ramon, California, has added Strategic Accounting Outsourced Solutions , extending Armaninos outsourcing capabilities, particularly in the nonprofit and family office sectors. All rights reserved.

Technology 59

Technology tax preparation audit auditor 59

Accounting Today

JUNE 19, 2025

In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. Around July 2019, to further thwart IRS efforts, he formed a new entity to operate his business. All rights reserved. in restitution to the IRS.

Tax 69

Tax tax preparation Technology Real Estate 69

Accounting Today

JUNE 10, 2025

Tonneson is one of the largest accounting firms in Boston and has been recognized on Accounting Today s Best Accounting Firms to Work For list for seven years in a row. All rights reserved. It has a team of over 100 professionals.

New Jersey 52

New Jersey Entertainment Real Estate Technology 52

CPA Practice

JULY 9, 2025

OBannon Platform Accounting Group has announced an Illinois-based firm has joined the group. Platform is a next-gen accounting and professional services group created in 2015 to preserve what’s great about boutique professional services firms while helping them support their people, productivity, and processes.

Technology 71

Technology accountant accounted Account 71

Accounting Today

JUNE 5, 2025

Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. All rights reserved.

Tax 59

Tax tax preparation North Carolina tax return 59

Withum

OCTOBER 11, 2024

Effective July 2019, the AICPA Auditing Standards Board issued the Statement on Auditing Standards (SAS) No. So the natural question would be what exactly is done in a ERISA 103(a)(3)(c) audit of an employee benefit plan? Let’s Chat The post What Procedures Are Performed in an ERISA 103(a)(3)(c) Audit?

audit 52

audit auditor financial statements accounted 52

Going Concern

JUNE 2, 2025

This story is making the rounds today and it’s highly relevant to the audience not just because AI is being shoved down everyone’s throats including accountants’ You’ll see why in a minute. Amid accusations of financial statement malfeasance, VerSe brought Deloitte in for an audit in 2024.

Technology 96

Technology financial statements New York audit 96

Going Concern

OCTOBER 10, 2024

In a post published on October 7th by Montclair State University titled “ Top 5 Reasons to Transition to an Accounting Career ” that can be best described as a thinly veiled advertisement for their Master’s program, the university explains “why making the leap into accounting might be the best move you ever make.”

accounting careers 71

accounting careers managerial accounting accountant accounted 71

ThomsonReuters

NOVEMBER 1, 2024

For global companies, the stakes are high: non-compliance can result in substantial financial penalties, increased audit risk, and reputational damage. These trends are driving the need for enhanced tax compliance strategies and advanced e-invoicing processes : Increased tax audits: Frequent and stringent tax audits are on the rise.

Tax 52

Tax Technology audit income tax 52

Going Concern

JUNE 26, 2025

To date, the largest fine levied by the PCAOB against a registered audit firm was 2024’s $25 million extracted from the pockets of KPMG Netherlands for widespread answer-sharing. The Public Company Accounting Oversight Board (PCAOB) today announced three settled disciplinary orders sanctioning Deloitte Accountants B.V.(PDF)

audit 52

audit accounting principles accountant accounted 52

Accounting Today

JUNE 24, 2025

As an accounting professor, I now find myself redesigning activities to ensure that students not only use tools like AI effectively, but also understand when not to rely on them, and how to add value beyond what a machine can produce. All rights reserved.

Rhode Island 100

Rhode Island accountant accounted Account 100

Accounting Today

JUNE 26, 2025

All rights reserved. EDT 5 Min Read Facebook Twitter LinkedIn Email Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. The company obtained some $91,750 in PPP loans.

Tax 71

Tax Technology tax preparation CPA 71

Withum

FEBRUARY 27, 2025

In a tradition stretching back more than three decades, the Florida Institute of Certified Public Accountants (FICPA) held its annual liaison meeting with the states Department of Revenue (DOR). The DOR says it would rather a taxpayer challenge a statute than wait to be audited.

Florida 52

Florida income tax audit Real Estate 52

CPA Practice

JUNE 26, 2025

Therabody’s tax filing obligations in the US suddenly jumped from 8 states in 2019 to 32 states in 2020. OBannon Leave a Reply Cancel reply Δ CPA Practice Advisor is the definitive technology and practice management resource for accounting and tax professionals. As a result of South Dakota v. Wayfair, Inc.

Technology 75

Technology Tax South Dakota NetSuite 75

ThomsonReuters

JUNE 27, 2025

Source Income Subject to Withholding), Form 1099-DA (Digital Assets), and Form 5498-QA (ABLE Account Contributions, Rollovers, and Transfers). Audit and update payroll systems Prepare for possible changes to withholding rules, especially if overtime and tips become tax-exempt.

payroll 59

payroll Legal income tax Wisconsin 59

Accounting Today

JULY 10, 2025

He was notified of employment taxes due, accounted for such taxes, had sufficient funds to pay them but chose not to pay. million in cash from CRs bank account to pay business expenses, his wages and his distributions. All rights reserved. By Jeff Stimpson July 10, 2025, 6:14 p.m. Between 2017 and 2022, Buresh withdrew $2.9

Tax 75

Tax tax preparation income tax Technology 75

Accounting Today

JUNE 24, 2025

When updating partner compensation systems at accounting firms, how to make real change. student in accounting at Louisiana State University and the first recipient of the Barry C. All rights reserved. What about that lack of buy-in from reluctant partners?

tax preparation 52

tax preparation Rhode Island Technology quickbooks 52

Going Concern

MAY 2, 2025

It is known that the Public Company Accounting Oversight Board has been at risk of getting DOGE’d under the Trump administration, starting with the nomination of known PCAOB-hater Paul Atkins to serve as chair of the SEC. In speeches, he spoke out against rules that limited audit firms ability to make professional judgments.

audit 68

audit New Hampshire auditor cpas 68

Going Concern

DECEMBER 9, 2024

Accounting errors force US companies to pull statements in record numbers, writes FT : The number of US companies forced to withdraw financial statements because of accounting errors has surged to a nine-year high, raising questions about why mistakes are going unnoticed by auditors. Good morning, numbernauts. This is fine.

accountant 98

accountant accounted Account audit 98

Going Concern

APRIL 11, 2025

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Salaries for accountants are starting to increase after lagging for years, experts said.

audit 52

audit CPA Iowa North Carolina 52

Going Concern

JUNE 23, 2025

Said Journal of Accountancy on Friday : The Senate parliamentarian’s office ruled that a provision in the One Big Beautiful Bill Act to defund the PCAOB and transfer its activities to the SEC isn’t permissible. The Auditing Standards Board sets audit standards for U.S.

accountant 52

accountant accounted Account audit 52

Accounting Today

JUNE 24, 2025

Government Accountability Office calculated that the U.S. It didnt even take into account tax fraud or other stolen revenues," he added. "It All rights reserved. He noted that last year, the U.S. government loses as much as $521 billion per year to fraud and that was only looking to fraud in federal government payments. "It

Rhode Island 52

Rhode Island Technology tax preparation audit 52

MyIRSRelief

APRIL 3, 2025

Shed trusted a large firm to handle it, but their junior accountant botched her quarterly filings, triggering a $10,000 notice from Californias Franchise Tax Board (FTB). He rolled up his sleeves, audited her books, and discovered the firm had misclassified her employees as contractors. I was terrified Id lose everything, Lila admits.

California 130

California Tax tax services corporation tax 130

CPA Practice

NOVEMBER 15, 2024

Brown Plus Welcomes New Team Members Leading accounting and advisory firm,Brown Plus, recently announced the addition of four new team members to its office in Camp Hill, Pennsylvania: Devin Brown, CPA, MBA, rejoins Brown Plus as an Audit Senior Manager. Nicole Wilkinson joined Brown Plus as an Administrative Assistant. In the U.S.,

audit 111

audit Pennsylvania accounting and finance Healthcare 111

Going Concern

FEBRUARY 14, 2025

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Employees that have chosen to accept the offer and resign will still get paid through September.

Arizona 52

Arizona audit CPA Legal 52

Going Concern

FEBRUARY 28, 2025

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. The sources said PwCs auditing projects would not be affected.

West Virginia 52

West Virginia audit auditor cpas 52

Accounting Today

JUNE 24, 2025

Alicia Diaz, Erik Wasson and Cam Kettles Bloomberg News Tax Trump tax plan SALT deduction MORE FROM ACCOUNTING TODAY Audit PCAOB permanently bars repeat offender The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

Tax 75

Tax Rhode Island Oklahoma tax preparation 75

Accounting Today

JUNE 24, 2025

Ari Natter Bloomberg News Tax Trump tax plan Tax cuts MORE FROM ACCOUNTING TODAY Audit PCAOB permanently bars repeat offender The Public Company Accounting Oversight Board sanctioned the firm Michael T. Studer CPA and Michael Studer for repeat violations related to a 2019 audit. All rights reserved.

Sales 69

Sales Tax Rhode Island Oregon 69

RogerRossmeisl

NOVEMBER 13, 2022

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if your return is among those selected to be examined. From tax years 2010 to 2019, audit rates of individual tax returns decreased for all income levels, according to the GAO.

audit 238

audit tax return CPA Tax 238

TaxConnex

FEBRUARY 27, 2024

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations. This is a complicated time for sales tax obligations – and a terrible time to try to hire an accountant. There were about 1.65 in 2022, up 1.3%

Sales 264

Sales Tax accountant accounted 264

Accounting Today

FEBRUARY 28, 2024

The 83 publicly disclosed accounting and auditing enforcement actions represented the highest number of actions initiated since FY 2019.

audit 116

audit accountant accounted Account 116