TaxConnex

FEBRUARY 27, 2024

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. in 2022, up 1.3% from 2019,” reads a recent Wall Street Journal article on accounting’s latest great resignation. There were about 1.65

Sales 219

Sales Tax Account accountant 219

CPA Practice

JANUARY 31, 2023

The IRS began accepting tax returns in late January, and if you were hoping for a bigger tax refund—or at least a smaller tax bill—in the new year, some tax law changes impacting the upcoming 2022 tax year filing season may dampen your spirits. Find an Illinois CPA at www.icpas.org/findacpa.

Tax 65

Tax Illinois tax return cpas 65

MyIRSRelief

OCTOBER 3, 2022

There is a substantial amount of time you have to file your taxes, but the process can seem hefty. With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service. Call us today at 1-877-788-2937.

tax services 147

tax services California Tax tax preparation 147

Going Concern

JANUARY 19, 2023

The IRS Criminal Investigation unit has released its top cases for 2022 and in it we get reality TV personalities, a rogue tax preparer, some garden variety PPP fraud, and even a former decathlete with his own Wikipedia page. Without any further ado, IRS-CI’s top ten cases of 2022: 10. He succeeded in stealing nearly $2.4

Tax 62

Tax tax return Gambling tax preparation 62

Going Concern

FEBRUARY 16, 2024

This is according to the Illinois CPA Society (ICPAS), which surveyed 449 employers and 433 accounting and finance employees last summer and released its results last month. 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 103

Real Estate Iowa audit CPA 103

TaxConnex

NOVEMBER 10, 2022

I graduated in 1985 with a Masters in Tax. I was trained in income tax and expected to have a career in public accounting, but I only lasted a few years in a couple of different large CPA firms. I then went to the BellSouth Corporation tax department and had various roles. I value service the most.

income tax 130

income tax tax return Tax Sales 130

Going Concern

AUGUST 28, 2023

Two Mississippi State University grads were recognized for getting the highest CPA exam scores in their state : Karis Pannel, of Tupleo’s Byrne Zizzi CPAs, received the MSCPA’s Fred T. We are very proud of Karis and Gelsey and their performance on the CPA exam,” said MSU College of Business Dean Scott Grawe. state workers.

accounting firms 52

accounting firms CPA Account accountant 52

Going Concern

JUNE 23, 2023

Talent How Can the Accounting Profession Attract a Diverse Generation Z? [ The CPA Journal ] Generation Z is beginning to enter the workforce, bringing with it a demographic shift that will affect every facet of American society, including the accounting profession. million in additional restitution.

cpa firm 101

cpa firm CPA auditor North Carolina 101

CPA Practice

AUGUST 15, 2023

Jared Ballew, 2022-23 Chair of the ETAAC and Vice President of Government and Industry Relations at Taxwell; and Ann Campbell, CPA CIA and Drake Software Trainer will share an overview of the cyber threats that taxpayers and tax professionals face daily. Gail Perry is the editor-in-chief of CPA Practice Advisor.

Tax 52

Tax North Carolina Indiana CPA 52

CPA Practice

JUNE 21, 2023

Her research paper on Digital Transformation was published as an editorial piece in the Journal of the Association for Information Systems in 2022. Gail Perry is the editor-in-chief of CPA Practice Advisor. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars.

Tax 80

Tax Technology Indiana Michigan 80

CPA Practice

MARCH 14, 2023

This article was provided by the Illinois CPA Society. Tax season may be in full swing, but there’s still time to make a smart money move that often goes overlooked by taxpayers eager to file their tax returns and pocket their refunds: saving for retirement. Find your CPA at www.icpas.org/findacpa.

Tax 52

Tax Illinois CPA income tax 52

CPA Practice

AUGUST 18, 2023

Join SafeSend as we examine a variety of options for automating client touchpoints across the tax engagement – gather source documents, collect digital organizers, assemble, and deliver completed tax returns, collect e-signatures, send reminders, and accept tax prep fees just to name a few.

Technology 52

Technology Indiana Michigan E-commerce 52

KROST

DECEMBER 16, 2021

If you are a shareholder of an S Corporation, partner/member of a partnership/LLC, you might be able to get some of your state tax deduction back. As you may remember, the federal Tax Cuts and Jobs Act reduced the amount of the SALT deduction individuals can claim on their federal tax return to $10,000 starting with the 2018 tax year.

Tax 52

Tax Real Estate California tax return 52

Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. This will ensure that you only admit the right small businesses into your accounting firm.

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

KROST

AUGUST 6, 2021

This, in effect, allows the individual to deduct the full amount of the state tax paid on their federal return by reducing the PTE taxable income reported on the individual federal tax return and receive a nonrefundable credit for the tax paid on the individual state tax return. About the Authors.

California 52

California Tax tax return Real Estate 52

Going Concern

APRIL 5, 2024

CPA licensure program off to ‘promising’ start [ Journal of Accountancy ] 38 people huh? The Experience, Learn & Earn (ELE) program, a pilot program designed to help accounting graduates earn required academic credits for CPA licensure, has received early positive reviews.

auditor 84

auditor audit Oklahoma CPA 84

Going Concern

FEBRUARY 9, 2024

Birthdays A CPA Firm Celebrates a Century in Business [ The CPA Journal ] In today’s climate of accounting firm mergers, it is worth recognizing when a CPA firm has managed to remain independent and partner-owned for 100 years. accounting software? “Win big? Law & Order BDO, Workers Strike $2.25

Technology 86

Technology Colorado audit cpa firm 86

Going Concern

OCTOBER 11, 2022

note: the following is penned by Bob Jennings CPA, EA for his Taxspeaker.com newsletter. Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers. September 29, 2022. June 28, 2022.

Education 88

Education Account accountant accounted 88

Going Concern

SEPTEMBER 29, 2023

CPA Exam Friendly reminder, deadlines to apply for BEC before the new exam in 2024 are quickly approaching. CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever Also, WTF? CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever Also, WTF? Did Exam Costs go up?

auditor 102

auditor audit New York CPA 102

Going Concern

AUGUST 4, 2023

Practice How one small firm drastically cut its busy-season hours [ Journal of Accountancy podcast ] Johanna Sweaney Salt, CPA, CGMA, used to work 100 hours a week during busy season. Today, Johanna remains a full-time partner at the firm, and her son, Dalton Sweaney, CPA, is now the managing partner.

cpa firm 95

cpa firm CPA accounting firms accounting and finance 95

CPA Practice

JANUARY 10, 2024

The report says the IRS virtually eliminated its backlog of unprocessed original individual income tax returns (Forms 1040) and substantially improved telephone service. The areas in which taxpayers continued to experience delays were primarily those that required employees to process tax returns and taxpayer correspondence.”

tax return 65

tax return income tax Non-Profits Tax 65

Going Concern

APRIL 8, 2022

CPA firms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPA firms who are ethnically diverse. in 2018 to 34.7%

Iowa 52

Iowa auditor cpa firm CPA 52

Going Concern

JANUARY 20, 2023

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. But, feeling limited by his options, he decided to pursue getting a CPA designation. “I

auditor 96

auditor Technology audit financial statements 96

CPA Practice

NOVEMBER 7, 2023

As part of today’s launch, Black Ore also announced its flagship product, Tax Autopilot , which combines its proprietary AI technology with federal and state tax codes and regulations to simplify the tax preparation and review process for Certified Public Accountants (CPAs) and accounting firms.

Technology 59

Technology cpas tax preparation tax return 59

Going Concern

MARCH 25, 2022

Don’t feel bad, MY job ranked #3 most exciting and I assure you it absolutely is not, I write about accounting after all. “I Mary (@AccountingAsArt) March 25, 2022. On March 18, 2022, Louis was arrested by IRS Criminal Investigation Special Agents. Louis worked as a Tax Examiner for the IRS from 1985 to 1994.

tax return 52

tax return audit auditor cpas 52

xendoo

SEPTEMBER 28, 2021

In order to help, the team at Xendoo has created this guide to tax prep for small businesses. Our goal is to make sure that you have the tools you need to appropriately file your tax return this year. Due to the unprecedented challenges of 2020, the IRS extended the traditional income tax filing deadline to May 17, 2021.

tax preparation 52

tax preparation Tax income tax bookkeeping 52

Going Concern

SEPTEMBER 25, 2023

According to allegations in the indictment, from January 2019 to June 2022, Urban was employed as a senior staff accountant for a Charlotte-based company. The long-running TPB investigation found that Mr Carter lodged false BAS and amendments for unwitting clients and lied about their tax returns and debts that did not exist.

tax preparation 95

tax preparation Gambling Account accountant 95

Going Concern

APRIL 15, 2022

More Predictions about the Profession’s Future [ The CPA Journal ] Writes Yigal Rechtman, CPA, CFE, CITP, CISM: The current impediments to growth are mostly driven by the perception of prospective entrants to the CPA profession. For example, every startup would benefit immensely from having a CPA among its founders.

accounting firms 52

accounting firms audit Account accountant 52

Going Concern

AUGUST 19, 2022

Letter to the Editor: Shedding Light on Audit Deficiencies [ The CPA Journal ] Writes Yigal Rechtman, CPA, CFE, CITP, CISM: I read with interest “Article on the New Working World of the COVID-19 Pandemic” (Hila Fogel-Yaari and Kelly Gebhart, March/April 2022) of The CPA Journal. ” Oh, Reddit.

audit 79

audit auditor accounting firms accounting and finance 79

Anders CPA

JANUARY 23, 2023

Maddox, CPA in tax, Merella Schandl, MHA, CPMSM, CPCS in health care and Stephanie H. Jones, CPA in audit and assurance to principals at the firm. Jane is a Certified Public Accountant in the state of Missouri and holds an M.S. in Accountancy with a taxation emphasis and a B.S. Learn more about Jane Maddox.

Missouri 19

Missouri Real Estate Illinois public accounting 19

Going Concern

JANUARY 13, 2023

Are midcareer CPAs happy in your firm? Accounting Today Opinion ]. With baby boomers reaching retirement age and fewer accounting graduates choosing to enter public accounting, the pool of talent available to CPA firms is shrinking at both ends. Florida ranked No.

audit 101

audit Account accountant accounted 101

Going Concern

SEPTEMBER 22, 2023

Michael Harlow to Lead Cannabis Practice at CohnReznick [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has named Michael Harlow as leader of its cannabis industry practice. Both Mendlowitz and his father, also a CPA, attended the CUNY school. That compares with the $1.6

audit 89

audit accounting and finance Virginia auditor 89

Going Concern

APRIL 14, 2023

The firm had a contract to perform the 2022 year-end audit for $26,135, but in order to complete it, the CPAs had to spend a lot of time doing extra accounting work that the previous town employees had failed to do, it was stated. At a February meeting, CPA Paul Johnson explained the reasons for the increase.

Tax 102

Tax auditor audit accounting firms 102

xendoo

JANUARY 26, 2023

January 31, 2023 What Happens if a Business Doesn’t File Taxes? All corporations must submit a corporate income tax return, even with no profits. LLCs who choose to be taxed as corporations are also responsible for filing a federal tax return. The rate for overpayment of taxes is 5% per year.

Tax 52

Tax tax return Non-Profits Legal 52

Going Concern

NOVEMBER 18, 2022

Stakeholders support the Public Company Accounting Oversight Board’s plans to update a suite of attestation rules that accountants tap to provide certain compliance audits and other reviews that go beyond financial statement audits, according to letters submitted to the board in late October. Other Stuff.

Technology 79

Technology audit auditor accounting and finance 79