Accounting Today

JUNE 19, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases. Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. million in taxes on income he earned from his business.

Tax 69

Tax tax preparation Technology Real Estate 69

CPA Practice

JUNE 18, 2025

In her new role, Jennifer will oversee the equity management, lease lifecycle management, and tax reporting solutions, enhancing insightsoftware’s ability to deliver trusted and effective solutions for its customers. Most recently, she served as president of North America at QuickFee, a payment technology platform. © 2025 Firmworks, LLC.

Technology 115

Technology audit Healthcare payroll 115

Accounting Today

JUNE 5, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. .:

Tax 59

Tax tax preparation North Carolina tax return 59

Dent Moses

JUNE 25, 2025

On March 20, 2025, the IRS issued new FAQ’s as guidance to businesses understand how to properly report Employee Retention Credit (ERC) refunds on their income tax returns. This is especially important for companies that received ERC refunds but never amended their earlier tax returns, or for those whose claims were later denied.

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tax return income tax payroll Tax 52

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. His areas of tax expertise include partnerships, including allocations, tax planning and structuring. She is a member of the American and Pennsylvania Bar Associations.

West Virginia 51

West Virginia Technology Pennsylvania accounting and finance 51

Accounting Today

JUNE 26, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. San Jose, California: Execs Lalo Valdez and Matthew Olson have pleaded guilty to not paying over employment taxes to the IRS. Olson caused a total tax loss to the IRS exceeding $2.1

Tax 71

Tax Technology tax preparation CPA 71

CPA Practice

JULY 2, 2025

Launching assurance services is the latest milestone for Alpine Mar which says in a June 26 media release that it has achieved an average annual revenue growth rate of 220% year over year since the firm’s inception in 2020 and now has 17 U.S.-based based employees. © 2025 Firmworks, LLC.

Florida 90

Florida Technology Tennessee payroll 90

CPA Practice

JUNE 20, 2025

million in Paycheck Protection Program loans between 2020 and 2021. Earlier this month, a Southfield doctor was convicted of fraudulently obtaining a Paycheck Protection Program loan in July 2020. million in COVID-19 relief loans in Pennsylvania. million in COVID-19 relief loans in Pennsylvania. © 2025 Firmworks, LLC.

Pennsylvania 72

Pennsylvania CPA Technology payroll 72

CPA Practice

JUNE 26, 2025

a leader in modern tax compliance automation, has announced how its customer Therabody has greater confidence in compliance processes amid the company’s global expansion by streamlining tax management, improving workflows, and driving operational efficiency. OBannon Avalara, Inc. , OBannon Avalara, Inc. , Wayfair, Inc.

Technology 75

Technology Tax South Dakota NetSuite 75

ThomsonReuters

JUNE 27, 2025

At the forefront is the “One Big Beautiful Bill Act,” a high-profile legislative package that could redefine payroll tax policy by permanently extending key provisions of the Tax Cuts and Jobs Act (TCJA) and introducing new exemptions for overtime pay and employee tips. Beyond Capitol Hill, the U.S.

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payroll Legal income tax Wisconsin 59

Accounting Today

JULY 10, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases. Augusta, Georgia: Two ghost preparers have pleaded guilty to a tax scheme. All rights reserved. By Jeff Stimpson July 10, 2025, 6:14 p.m.

Tax 75

Tax tax preparation income tax Technology 75

CPA Practice

JULY 23, 2025

extension on filing taxes and payment) beyond what was initially provided when the state of emergency was declared. extension on filing taxes and payment) beyond what was initially provided when the state of emergency was declared. when there is loss of property to circumstances beyond your control – fire, theft, disaster, etc.).

Technology 52

Technology cpas payroll audit 52

CPA Practice

JULY 18, 2025

The results showed that 67% feel more prepared to handle today’s economic uncertainty than they did in 2020, crediting increased technology investment and hard-earned experience. OBannon Leave a Reply Cancel reply Δ CPA Practice Advisor is the definitive technology and practice management resource for accounting and tax professionals.

Technology 84

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CPA Practice

JULY 22, 2025

OBannon Payroll July 22, 2025  AARP Survey Shows Confidence in the Future of Social Security Among Younger Adults at 15-Year-Low Americans’ confidence in the future of Social Security has declined by 7 percentage points in the last five years, from 43% in 2020 to 36% in 2025. © 2025 Firmworks, LLC.

Technology 100

Technology payroll Gambling accounting and finance 100

Accounting Today

JUNE 25, 2025

With the IRS workforce reduced by 26% and significant tax law changes on the horizon, there are risks to next years filing season," Collins said. "It National Taxpayer Advocate Erin Collins testifying before a congressional committee in October 2020. All rights reserved. It is critical that the IRS begin to take steps now to prepare."

Technology 106

Technology tax preparation tax return audit 106

Going Concern

JANUARY 24, 2025

Tax MicroStrategy Suddenly Has a Tax Problem, and Needs Help From Trumps IRS [ Wall Street Journal ] If you think MicroStrategys business model is wild, wait until you see its tax issues. In an unusual twist, it could have to pay federal income taxes on those paper gainseven if it never sold a single bitcoin.

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Withum

DECEMBER 4, 2024

Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2024 that are phased out over varying levels of adjusted gross income (AGI). Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2024 that are phased out over varying levels of adjusted gross income (AGI).

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Accounting Today

JULY 10, 2025

They analyzed filings from nearly 3,000 public companies from 2016-2020. Audit Audit standards MORE FROM ACCOUNTING TODAY Tax-related court cases Tax Fraud Blotter: Who ya gonna call? Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases. All rights reserved.

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auditor audit Technology tax preparation 85

Going Concern

JANUARY 21, 2025

Relevant recent article (I just really like this headline ok): Ohio to the AICPA: Suck It, Losers A Tennessee accountant behaved badly : A Franklin Certified Public Accountant, has been charged with wire fraud, money laundering and tax fraud in a federal court. A no tax on tips bill is back. Jerkins was arrested on Jan.

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accounted Account accountant CPA 52

Accounting Today

JULY 11, 2025

GEORGIA Shelly Carmichael Smith + Howard, Atlanta, launched two new tax practices: site selection + incentives, led by Shelly Carmichael, and state and local income tax consulting, led by Brandee Tilman. Brown Plus, Camp Hill, promoted: Amanda Moats to audit manager; and Trinity Benedict and Megan Duffy to tax senior associates.

Oklahoma 72

Oklahoma Technology tax preparation audit 72

CPA Practice

JULY 24, 2025

OBannon Payroll July 22, 2025  AARP Survey Shows Confidence in the Future of Social Security Among Younger Adults at 15-Year-Low Americans’ confidence in the future of Social Security has declined by 7 percentage points in the last five years, from 43% in 2020 to 36% in 2025.

Technology 52

Technology payroll payroll tax accounting and finance 52

CPA Practice

JULY 22, 2025

OBannon A new AARP report released today , ahead of Social Security’s 90th anniversary, reveals Americans’ confidence in the future of Social Security has declined by 7 percentage points in the last five years, from 43% in 2020 to 36% in 2025. In 2020, 74% of people said the same. © 2025 Firmworks, LLC.

Technology 52

Technology payroll payroll tax audit 52

RogerRossmeisl

OCTOBER 28, 2020

As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to be concerned with federal estate tax. Now, because many estates won’t be subject to estate tax, more planning can be devoted to saving income taxes for your heirs.

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income tax tax planning Tax CPA 221

RogerRossmeisl

FEBRUARY 13, 2021

The IRS opened the 2020 individual income tax return filing season on February 12. You can potentially protect yourself from tax identity theft — and there may be other benefits, too. You can potentially protect yourself from tax identity theft — and there may be other benefits, too.

tax return 246

tax return Tax income tax CPA 246

RogerRossmeisl

OCTOBER 6, 2021

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2021. Note: Certain tax-filing and tax-payment deadlines may be postponed for taxpayers who reside in or have a business in federally declared disaster areas.

Tax 246

Tax income tax tax return CPA 246

RogerRossmeisl

JULY 27, 2021

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2021. Monday, August 2 Employers report income tax withholding and FICA taxes for second quarter 2021 (Form 941) and pay any tax due.

Tax 246

Tax income tax CPA business tax 246

RogerRossmeisl

MAY 20, 2022

million households owned mutual funds in mid-2020. But despite their popularity, the tax rules involved in selling mutual fund shares can be complex. What are the basic tax rules? As such, the maximum federal income tax rate will be 20%, and you may also owe the 3.8% net investment income tax.

Tax 241

Tax income tax CPA 241

RogerRossmeisl

SEPTEMBER 27, 2021

over July of 2020. Be aware of the tax implications if you’re selling your home or you sold one in 2021. You may owe capital gains tax and net investment income tax (NIIT). The post Will you Owe Tax on Profits from Selling Your Personal Residence? appeared first on Roger Rossmeisl, CPA.

Tax 246

Tax income tax CPA Sales 246

TaxConnex

OCTOBER 7, 2021

There’s always something changing in the world of tax, especially sales tax. There are currently five states with no state-level sales tax. Alaska has long heard rumblings of a statewide sales tax. First came the state’s Remote Seller Sales Tax Commission of municipalities banding together to tax sales.

West Virginia 246

West Virginia Sales Alaska Tax 246

TaxConnex

MARCH 2, 2021

There’s always something changing in the world of tax, especially sales tax. The Sunshine State previously bet a lot on tourism revenue making up for not taxing internet sales – but the pandemic has wrecked that industry. in 2020 but it failed. And 2021 is off to a n especially busy start.

Sales 247

Sales Tax Missouri Wisconsin 247

RogerRossmeisl

FEBRUARY 26, 2021

If you’re like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations. But what happens if you haven’t received such a letter — can you still claim a deduction for the gift on your 2020 income tax return? It depends.

tax return 147

tax return income tax CPA Tax 147

TaxConnex

JANUARY 13, 2022

There’s always something changing in the world of tax, especially sales tax. Laura Kelly has asked the state Department of Revenue to work with state legislators representing the communities impacted by recent wildfires to fast-track legislation extending the sales tax exemption for fence materials and services. State updates.

Sales 246

Sales Utah Tax Wisconsin 246

Patriot Software

JANUARY 13, 2020

Like past years, the IRS released changes to the income tax withholding tables for 2020. In addition to new wage brackets, there are significant changes to how employers will handle tax withholding. These changes are in response to the Tax Cuts and Jobs Act of 2017.

income tax 111

income tax Tax payroll 111

Accounting Today

MARCH 25, 2024

Time is running out for nearly 940,000 individuals to claim refunds from 2020, with a May 17 deadline approaching for filing the necessary tax returns.

Tax 124

Tax tax return income tax 124

TaxConnex

APRIL 8, 2021

Of the 50 states, 45 (plus DC) charge a state-wide sales tax. Two of those states that have a state-wide sales tax, Missouri and Florida, have yet to adopt economic nexus standards set by the 2018 South Dakota v. 15 , which is reportedly projected to bring in about $1 billion a year in sales taxes and. Wayfair case. 554 and S.B.

South Dakota 162

South Dakota Sales Missouri Tax 162

RogerRossmeisl

FEBRUARY 28, 2021

Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. If you are considering such a transaction, it’s important to understand the tax implications of buying or selling a business. The current 21% corporate federal income tax rate makes buying the stock of a C.

Tax 147

Tax income tax CPA business tax 147

TaxConnex

JUNE 21, 2022

The Supreme Court Wayfair decision four years ago gave tax jurisdictions the sudden power to require countless companies to collect and remit sales tax. In many respects, Wayfair also opened the path to levying additional kinds of tax obligations on businesses that sell online as eCommerce becomes more and popular.

South Dakota 246

South Dakota E-commerce Alaska Missouri 246