Going Concern

OCTOBER 18, 2024

BDO was supposed to report an unusual transaction to the national Financial Intelligence Unit in 2020. Why ‘Trust’ in Data is Even More Important in an Era of Global Taxes [ PwC ] We are in a time of unprecedented change in the global tax and compliance landscape — exemplified by the OECD’s Pillar Two.

audit 104

audit auditor New York accounting and finance 104

CPA Practice

JUNE 20, 2025

Ramirez The Detroit News (TNS) A certified public accountant from Detroit convicted of stealing $14.5 million in Paycheck Protection Program loans between 2020 and 2021. Investigators said Parker, a licensed certified public accountant, recruited hundreds of small businesses in Pittsburgh and Detroit for the alleged scheme.

Pennsylvania 72

Pennsylvania CPA Technology payroll 72

Going Concern

NOVEMBER 22, 2024

Determining the deal momentum in the longer term will likely depend on how much of Trump’s tax, energy, trade and regulatory agenda is enacted.” The most recent financial statements were audited by CliftonLarsonAllen, the same accounting firm which released a forensic analysis of CapRadio’s finances in August. A Great Resignation 2.0

auditor 52

auditor audit accounting and finance financial statements 52

Going Concern

OCTOBER 25, 2024

Regulator clears four of nine PwC tax agents over leaks scandal [ Australian Financial Review ] The tax agents’ regulator has cleared four of the nine former PwC tax agents it was investigating in the firm’s tax leaks scandal, with five other investigations expected to be finished by the end of the year.

accounting and finance 59

accounting and finance audit Florida Missouri 59

Going Concern

APRIL 4, 2025

Tax IRS: 7,000 probationary workers will return to their jobs in next 10 days [ Journal of Accountancy ] About 7,000 probationary IRS workers who lost their jobs in February and were placed on administrative leave in March will return to work later this month, according to an email they received Tuesday. It’s free!

Tax 52

Tax cpas Gaming Alabama 52

Going Concern

APRIL 28, 2025

The proposal to eliminate the independent Public Company Accounting Oversight Board was published late on Friday by the leadership of the House Committee on Financial Services, for inclusion in the giant tax and spending bill being considered by Congress. There’s a whole bill. Well I better read it before I say more.

CPA 52

CPA auditor Utah accounted 52

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. Rick Scott (R-Fla.),

accounted 52

accounted Account accountant CPA 52

Going Concern

JULY 4, 2025

Accounting’s talent shortage is undeniable—50% of industry leaders say it takes 60 days or more to fill jobs [ Fortune ] A recent survey from accounting and finance talent outsourcing firm Personiv found that about nine in 10 finance leaders (87%) acknowledged a shortage exists, a rate that’s been on a steady upward climb from 63% back in 2020.

Ohio 59

Ohio accounting and finance cpas public accounting 59

Going Concern

MARCH 7, 2025

We See You, #TaxTwitter Have you reached the eye twitch part of tax season yet? Entry-level compensation is higher than London even without adjusting for taxes, according to The Financial Times, and the region has become a bright spot in a declining industry. Particularly for deals done in 2020 and 2021.

Government 52

Government auditor accounted Account 52

TaxConnex

FEBRUARY 15, 2024

There’s always something changing in the world of tax, especially sales tax. B&O responsibility: A Washington State appellate court has found two sellers responsible for sales tax and business and occupation (B&O) tax on sales made through Amazon’s Fulfillment by Amazon (FBA) program. No refund, stat!:

Sales 263

Sales Tax Illinois Washington 263

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.

Sales 264

Sales Tax accounted Account 264

AdviceForTaxpreparers

SEPTEMBER 8, 2020

Advice for Tax Preparers Making tax preparers lives easier one blog at a time HOME. Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time. My name is Bill Meador and I am writing a book to help tax staff succeed in a public accounting firm tax department. That’s fine.

tax preparation 246

tax preparation Tax cpa firm tax return 246

MyIRSRelief

OCTOBER 3, 2022

If you own a property, a business, or are employed, you’ll likely have to pay taxes. According to the 16th Amendment in our Constitution, individuals are required to pay taxes from income sources. Taxes can be broken down into three categories: what you purchase, what you own, and what you earn. Call us today at 1-877-788-2937.

tax services 147

tax services California Tax tax preparation 147

Going Concern

MAY 26, 2023

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. The reshuffle goes into effect on July 1. ‘No

public accounting 104

public accounting accounted Account accountant 104

CPA Practice

MAY 11, 2023

A New Jersey Certified Public Accountant has pleaded guilty to conspiring to defraud the United States by promoting fraudulent tax shelters to high-income clients. As a part of his guilty plea, Benkoil admitted his conduct resulted in a tax loss to the IRS of nearly $2.5 million and has agreed to pay full restitution.

New Jersey 98

New Jersey CPA Tax public accounting 98

KROST

NOVEMBER 20, 2020

A lot of people lost their jobs in 2020 when businesses were forced to shut down or had to furlough their employees due to COVID. To help Californians get back to work, California’s governor signed a new tax bill to give tax breaks to small businesses that increased hiring during the second half of 2020. About the Author.

California 83

California Tax Real Estate income tax 83

Going Concern

JULY 17, 2024

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? billion in revenue to the smallest, Global Tax Management Inc. Since 2020, staff pay has increased by 15.7 coming in at $48.8

accountant salary 129

accountant salary Account accounted accountant 129

CPA Practice

OCTOBER 11, 2023

Public accounting firms in the United States reported strong top-line and bottom-line growth in their latest fiscal year results, driven by high demand for their services, according to a survey by the American Institute of CPAs and the Chartered Institute of Management Accountants.

accounting firms 119

accounting firms accounted Account accountant 119

CPA Practice

JANUARY 17, 2023

Massachusetts: The Massachusetts Society of CPAs (MASSCPAs) wants members to prioritize their health this tax season. Tennessee: The Tennessee Society of CPAs (TSCPA) recently released its Updated Fiscal Year 2021 Tennessee Tax Credit Report which provides a detailed list of all credits claimed for tax periods July 1, 2020 to June 30, 2021.

CPA 124

CPA Pennsylvania Tennessee Nevada 124

KROST

OCTOBER 4, 2021

Pasadena, CA – INSIDE Public Accounting (IPA) named KROST CPAs & Consultants Top 100 Firm, Top 100 Fastest-Growing Organic Growth Firm, Top 100 Fastest-Growing All Growth, and best of the best in 2021. The firm placed 81 st on the prestigious top 100 list, a substantial leap from 116th in 2020.

public accounting 52

public accounting accounted Account accountant 52

CPA Practice

OCTOBER 10, 2023

The demand for skilled tax practitioners in the accounting profession has never been more critical. This surge in demand for CPA services comes at a time when experienced public accountants are exploring alternative career options, and fewer graduates are entering the profession. By Richard Lavina and Ralph Carnicer.

Technology 105

Technology accounting firms accounted Account 105

Going Concern

APRIL 3, 2023

.” This is per the Canadian Public Accountability Board’s 2022 Annual Report [ PDF ]. The Globe and Mail reports : Problematic audits are on the rise at Canada’s accounting firms, according to the industry’s national regulator, which found issues in a third of the audits it examined last year, up from 28 per cent in 2021.

audit 122

audit public accounting Real Estate accounting firms 122

Going Concern

FEBRUARY 16, 2024

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

Real Estate 105

Real Estate Iowa public accounting audit 105

KROST

APRIL 9, 2021

. – KROST CPAs and Consultants, Los Angeles-based firm, receives two new accolades from Accounting Today , Top 100 Firms, and Fastest-Growing Firms in the U.S. Despite the circumstances, we were fortunate to be able to grow our firm and rise to the challenges of 2020.” – Greg Kniss , Managing Principal at KROST.

cpa firm 89

cpa firm CPA accounted Account 89

KROST

JANUARY 25, 2021

Congress introduced the Bipartisan economic relief package on December 20, 2020. As an industry impacted by the pandemic, real estate businesses can benefit from several key tax provisions in the package. Business owners should watch out for this or speak to their CPA or accountant for more information. New Markets Tax Credit.

Real Estate 92

Real Estate CPA Tax public accounting 92

Withum

JUNE 27, 2022

The New Jersey Society of Certified Public Accountants (NJCPA) has named Joe Breen a 2022 Ovation Award winner in the Emerging Leaders category. Joe is a Senior Tax Accountant working in both the Construction Industry Team and Private Client Services , specifically with High Net-Worth Individuals.

New Jersey 98

New Jersey Construction Education public accounting 98

CPA Practice

AUGUST 19, 2024

In addition to ongoing security and compliance needs, accounting firms face unique challenges when recruiting and retaining employees, offshoring, and increasing operational efficiencies. She has taught introductory accounting and personal finance courses, and she is a former computer applications instructor at the Indiana CPA Society.

accounting firms 116

accounting firms Indiana cpa firm accounted 116

Going Concern

SEPTEMBER 25, 2023

TPB slaps 5-year ban on accountant involved in $26m fraud [ Accountants Daily ] The Tax Practitioners Board has slapped a five-year ban on a Sydney accountant charged with stealing $26 million through his firm to fund a lavish lifestyle and gambling addiction. We were not willing to let Mr Carter continue practising.”

tax preparation 105

tax preparation Gambling accounted Account 105

CPA Practice

OCTOBER 12, 2023

Some 47,067 students earned a bachelor’s degree in accounting in the 2021-22 school year, down 7.8% from the previous year, according to 2023 Trends: A Report on Accounting Education, the CPA Exam and Public Accounting Firms’ Hiring of Recent Graduates. and 8.4%, respectively.

accounted 112

accounted Account accountant cpas 112

Going Concern

NOVEMBER 14, 2023

Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what public accounting salaries should be in the range of next year, today it’s a similar report from Addison Group and their 2024 Workforce Planning Guide. The guide covers several industries, we are of course only here for accounting.

accountant salary 110

accountant salary accounted Account accountant 110

CPA Practice

MARCH 7, 2023

The Uniform Certified Public Accountant Examination (CPA Exam) is regularly updated to reflect enhancements to accounting and auditing standards as well as tax laws and regulations — and to improve the efficiency of the exam. Like many industries, the accounting profession needs more qualified people.

Technology 137

Technology CPA cpas audit 137

KROST

FEBRUARY 4, 2021

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Wednesday, February 10th at 9:30AM PST. Interaction with PPP loans, including the difference between the 2020 and 2021 credit rules and calculations.

Real Estate 76

Real Estate CPA Healthcare Manufacturing 76

Withum

JUNE 18, 2024

Withum is proud to share that Karol Y Haugan , Tax Manager, was nominated for the Florida Institute of Public Accountants (FICPA) 2024 Woman to Watch Awards in the Emerging Leader category. She is heavily involved with recruiting at UCF and in 2020, started providing scholarships to the Dixon School of Accounting students.

Florida 105

Florida accounting degree Education CPA 105

Going Concern

APRIL 23, 2024

Last week PwC announced it is “aligning its organizational structure across three lines of service— Assurance, Tax and Advisory—to better serve client needs, their buying patterns and the market” and now Wall Street Journal is saying the incoming consulting partner class will be much smaller than last year’s.

public accounting 110

public accounting Education accounting firms Tax 110

KROST

FEBRUARY 19, 2021

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Thursday, March 4th at 10:30AM PST. Interaction with PPP loans, including the difference between the 2020 and 2021 credit rules and calculations.

Tax 53

Tax Real Estate CPA Healthcare 53

CPA Practice

NOVEMBER 21, 2023

By Bill Estep, Lexington Herald-Leader (TNS) A former Kentucky accountant has been indicted after allegedly failing to report more than $320,000 in income on his federal taxes. A federal grand jury indicted Charles Marshall Stivers, of Manchester, last week on two charges of making false statements on tax returns in 2018 and 2020.

Kentucky 64

Kentucky CPA tax return Tax 64

LyfeAccounting

OCTOBER 12, 2020

A CPA, which is a Certified Public Accountant, is an accounting professional that has satisfied rigorous education and experience requirements. Now, why are businesses choosing to outsource their accounting needs to a Virtual CPA instead of a traditional CPA? Accounts Payable & Receivables. Tax Planning.

CPA 52

CPA cpas bookkeeping cpa firm 52