BurklandAssociates

DECEMBER 28, 2021

As we get ready to head into 2022, Burkland is ending this year by looking back at six of our readers’ favorite blog posts from 2021. The post 2021 Favorites from Burkland’s Blog for Startups & Investors appeared first on Burkland. These articles are selected Read More.

Tax 159

Tax Account accountant accounted 159

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 219

Sales Tax Account accountant 219

CPA Practice

OCTOBER 16, 2023

The projected gross tax gap—the difference between the total taxes owed to the federal government and how much is collected on time—increased to $688 billion for tax year 2021, the IRS said on Oct. That estimated compliance behavior is projected forward to taxpayers in tax years 2020 and 2021, the IRS said.

Tax 116

Tax audit Government Account 116

RogerRossmeisl

NOVEMBER 29, 2021

Do you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses? As the end of 2021 nears, there are some rules and reminders to keep in mind. An account for health expenses A pre-tax contribution of $2,750 to a health FSA is permitted in 2021.

Account 229

Account accountant accounted tax return 229

Going Concern

JANUARY 13, 2023

Of the six 2021 PCAOB inspection reports released before the holidays, we ’ve so far taken a look at five: PwC , Deloitte , EY, KPMG , and BDO USA. Seven of the 31 audits we reviewed in 2021 are included in Part I.A The last of the bunch belongs to Grant Thornton. We didn’t save the best for last, but it’s not that bad either.

audit 102

audit auditor Real Estate financial statements 102

Going Concern

MAY 11, 2022

While there were plenty of accountants who behaved badly in 2021 , the accounting profession as a whole was fairly well-behaved and competent last year, according to a new report from Cornerstone Research. In 2020 there were 70 accounting-related securities class actions filed by plaintiffs. Good job, everyone.

Account 57

Account accountant accounted accounting principles 57

CPA Practice

APRIL 16, 2024

The Philadelphia Inquirer (via TNS) Molly Kowal decided to become an accountant in part because she knew it would be a stable career. After graduating from college in 2021, she saw friends in other fields struggling to find work but knew she would be able to find a job. Grace Kowal, Molly Kowal’s twin sister, is also an accountant.

accounting firms 134

accounting firms Account accountant accounted 134

RogerRossmeisl

SEPTEMBER 28, 2021

For eligible individuals, a Health Savings Account (HSA) offers a tax-favorable way to set aside funds (or have an employer do so) to meet future medical needs. For 2021, a high deductible health plan is one with an annual deductible of at least $1,400. The post Is a Health Savings Account Right for You? Who’s eligible?

Account 235

Account accountant accounted CPA 235

AccountingDepartment

JANUARY 15, 2021

As we’re already halfway through the first month of 2021, we thought it might be a good time to share our plans for the upcoming year. While some items are still to be revealed, we have a few exciting new releases for 2021 and our readers are officially the first to know!

Account 72

Account accountant accounted bookkeeping services 72

CPA Practice

JUNE 15, 2023

The IRS miscalculated 2021 child tax credit payments for thousands of eligible taxpayers as of May 5, 2022, according to a new report from the Treasury Inspector General for Tax Administration. However, taxpayers who received an advanced payment but did not meet the minimum filing requirement were not required to file a 2021 tax return.

Tax 131

Tax tax return tax accountant Technology 131

RogerRossmeisl

DECEMBER 12, 2020

As a result, your business may be interested in providing some of these benefits through an employer-sponsored Health Savings Account (HSA). It’s a good time to review how these accounts work since the IRS recently announced the relevant inflation-adjusted amounts for 2021. Or perhaps you already have an HSA.

Account 246

Account accountant accounted CPA 246

CPA Practice

OCTOBER 12, 2023

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. The number of students earning U.S. and 8.4%, respectively.

Account 112

Account accountant accounted cpas 112

xendoo

JANUARY 25, 2021

Q1 2021 April 15 for first 2021 payment with Form 1040-ES Payment Voucher 1. Q2 2021 June 15 for second 2021 payment with Form 1040-ES Payment Voucher 2. Q3 2021 September 15 third 2021 payment with Form 1040-ES Payment Voucher 3. . The post 2021 Tax Deadlines appeared first on Xendoo.

Tax 98

Tax income tax tax return corporation tax 98

xendoo

AUGUST 9, 2021

Some top online bookkeeping services employ excellent online bookkeepers who can provide the necessary online accounting services to successfully handle your business bookkeeping. Why Use an Online Accounting Service? Bench is a cost-effective, no frills online accounting service that offers bookkeeping, payroll, and other services.

bookkeeping 98

bookkeeping bookkeeping services Account accountant 98

Going Concern

DECEMBER 30, 2022

Next up on the PCAOB ’s hit list is EY, whose 2021 inspection report was released on Dec. Twelve of the 56 audits we reviewed in 2021 are included in Part I.A Long-lived assets: The deficiencies in 2021 related to testing controls over the valuation of long-lived assets and the evaluation of misstatements related to long-lived assets.

audit 104

audit auditor Real Estate financial statements 104

Accounting Today

OCTOBER 12, 2023

increase next year, the smallest gain since 2021, reflecting a significant cooling in the rate of inflation. Monthly checks for the more than 71 million people receiving retirement or disability benefits in the U.S. will get a 3.2%

Account 117

Account accountant accounted 117

Going Concern

OCTOBER 17, 2023

The 2023 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report (short: Trends report) was released last week and spoiler alert, it’s dark. Says the AICPA, bachelor’s degree completions in accounting dropped 7.8% 65,035 total accounting degrees completed for 2021-22.

accounting degree 121

accounting degree Account accountant accounted 121

PANALITIX

JANUARY 5, 2021

Need a CFO in 2021? Do your clients need a CFO in 2021? Others will not have any strategic financial support… which is a huge opportunity for accountants. How should accountants pursue this opportunity? The post Do Your Clients Need a CFO in 2021? RESOURCES / ARTICLES. Do Your Clients. LEARN MORE.

accounting and finance 130

accounting and finance accounts payable Start-ups Hospitality 130

Anders CPA

MARCH 19, 2024

Anders is proud to be recognized as one of Accounting Today’s Top 100 Firms for the fourth year in a row. After breaking into the Top 100 Firms in 2021, Anders has moved up the list to #74 for 2024. Download Accounting Today’s special report on the 2024 Top 100 Firms and Regional Leaders.

Account 116

Account accountant accounted CPA 116

AccountingDepartment

AUGUST 7, 2021

Cathy Becker, CPA, Senior Controller and Project Manager here at AccountingDepartment.com, joined up with the Jirav team last week at AICPA's Engage 2021 event in Las Vegas, NV. Last fall, the AccountingDepartment.com team discovered Jirav to assist with our budgeting and forecasting needs.

CPA 98

CPA small business accounting accounting software business accounting 98

ThomsonReuters

FEBRUARY 3, 2022

IRS Form 8889 (Health Savings Accounts (HSAs)) and Instructions (2021). The IRS has released the 2021 version of Form 8889 (Health Savings Accounts (HSAs)) and its instructions. The 2021 versions of Form 8889 and its instructions are substantially similar to their 2020 counterparts. Instructions.

Tax 96

Tax Account accountant accounted 96

CPA Practice

MAY 15, 2023

The Securities and Exchange Commission’s enforcement division cracked down on accounting and auditing rules violators in fiscal year 2022, as actions within that sector made up 15% of the 462 new or stand-alone cases initiated by the regulator last year, according to a new report from Cornerstone Research.

audit 111

audit Account accountant accounted 111

ThomsonReuters

JANUARY 14, 2022

The top payroll related searches for 2021. Payroll on Checkpoint has analyzed the searches of our subscribers to create this Top 20 list of topics in the forefront in 2021. It’s no surprise that the Employee Retention Credit (ERC) was the most searched term of 2021. COVID dominated the payroll landscape in 2021.

payroll 94

payroll payroll tax Tax Education 94

Going Concern

APRIL 6, 2022

Probably not too bad these days, now that the average profit for those of you in the club went up 34% to £611,000 in 2021. With GT releasing its 2021 average partner pay yesterday, as well as firm profits and net revenue, we’ve updated our list of average partner profits at the largest accounting firms in the UK in 2021.

accounting firms 52

accounting firms Account accountant accounted 52

Going Concern

JANUARY 6, 2023

In the 2021 inspection of BDO USA, LLP, the PCAOB assessed the firm’s compliance with laws, rules, and professional standards applicable to the audits of public companies. Sixteen of the 30 audits we reviewed in 2021 are included in Part I.A Fat Joe’s favorite audit firm once again had a spectacularly horrible PCAOB inspection report.

audit 94

audit Real Estate financial statements auditor 94

AccountingDepartment

NOVEMBER 3, 2021

AccountingDepartment.com's team attended the 2021 Vistage ChairWorld in Las Vegas, NV, and had an excellent time getting to create new connections and catch up with clients and friends.

Account 94

Account accountant accounted 94

ThomsonReuters

FEBRUARY 10, 2022

DOL Fact Sheet: FY 2021 MHPAEA Enforcement; Appendix: MHPAEA Guidance Compendium. The DOL has issued a fact sheet summarizing 2021 mental health parity enforcement activity conducted by the DOL and the Centers for Medicare & Medicaid Services (CMS). Self-insured health plans accounted for over two-thirds of the investigations.

Tax 80

Tax Account accountant accounted 80

ThomsonReuters

DECEMBER 22, 2021

The IRS has released Form 2441 (Child and Dependent Care Expenses) and its accompanying instructions for the 2021 tax year. The 2021 form and instructions have been updated, primarily to reflect temporary changes under the American Rescue Plan Act of 2021 (ARPA) and the Consolidated Appropriations Act, 2021 (CAA).

tax return 105

tax return Tax Account accountant 105

Withum

FEBRUARY 18, 2022

On December 1, 2021, the IRS issued Revenue Ruling 2021-20 which highlights three situations relating to the minimum 4% LIHTC floor for draw-down bonds issued prior to 2021. In addition, Revenue Procedure 2021-43 was issued to clarify situations 2 and 3 of the ruling. Contact Us.

Tax 80

Tax accounting and finance Real Estate Finance 80

ThomsonReuters

JANUARY 21, 2021

Department of Labor Federal Civil Penalties Inflation Adjustment Act Annual Adjustments for 2021, 86 Fed. The DOL has announced the 2021 annual adjustments to the civil monetary penalties for a wide range of benefit-related violations. Available at [link]. Here are highlights: Form 5500. Contributing Editors: EBIA Staff.

Tax 93

Tax Account accountant accounted 93

CPA Practice

JUNE 15, 2023

Weirich, PhD, CPA, as the recipient of the 2023 Distinguished Achievement in Accounting Award for his outstanding teaching, research and service throughout his 50-year career. Click for more information on the Distinguished Achievement in Accounting Award , or to view Dr.Weirich’s award video.

Education 98

Education Account accountant accounted 98