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The Parallel Problems of Public Accounting & Major League Baseball

CPA Practice

After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball. Let’s look at some of the parallel problems facing both public accounting and MLB. Shifting demographics.

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Here’s Why Maryland Paid the IRS $5.4 Million in Taxes

CPA Practice

million to the Internal Revenue Service after a rare IRS audit of the state found it owed millions of dollars in taxes in 2020. Samuel Handwerger, a Certified Public Accountant who teaches at the University of Maryland’s Robert H. In 2020, there was a $19,500 limit on annual contributions to such plans. “If

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Nominations Open for 2024 “40 Under 40” and “20 Under 40” Awards

CPA Practice

See the 2023 Honorees See the 2022 Honorees See the 2021 Honorees See the 2020 Honorees See the 2019 Honorees See the 2018 Honorees See the 2017 Honorees See the 2016 Honorees See the 2015 Honorees See the 2014 Honorees See the 2013 Honorees Multiple nominations do not enhance a candidate’s chances.

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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

Long Read How a Pandemic-Era Program Became a Magnet for Fraud [ New York Times ] Amid the onset of the pandemic in 2020, as large swaths of the economy went into lockdown, Washington set up various programs to help keep businesses and their workers afloat. Have a safe Memorial Day. appeared first on Going Concern.

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Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time

AdviceForTaxpreparers

My name is Bill Meador and I am writing a book to help tax staff succeed in a public accounting firm tax department. Since I do not plan to sell this book through a publishing company, I need another way to market the book to the public. Accounting Jokes, Videos, Puns and Humor - July 29, 2019. Accounting LIONs.

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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

The accounting education pipeline is drier than ever even as accounting degrees require many additional course hours. million accountants and auditors in the U.S. from 2020 and down 15.9% from 2019,” reads a recent Wall Street Journal article on accounting’s latest great resignation. There were about 1.65

Sales 264
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Just How Much Have Accounting Salaries Increased in the Last Five Years?

Going Concern

INSIDE Public Accounting is due to release their Top 500 list soon and in the meantime, they’ve asked a very important question: Will 2024 show another big boost in compensation? Since 2020, staff pay has increased by 15.7 Professional staff compensation (excluding partners) was $104,370, versus $90,149 in 2019.