Going Concern

NOVEMBER 1, 2023

What does it mean to be a best firm for women in the year 2023 anyway? That’s why programs like the Accounting MOVE Project are so important to identify firms that have a history of women in leadership and offer flexible career options,” said Cindy Stanley, Executive Director of the Accounting and Financial Women’s Alliance.

cpa firm 84

cpa firm CPA accounting degree accounting firms 84

CPA Practice

MAY 5, 2023

Fortune recently released its 26th annual ranking of the 100 best companies to work for , and the business magazine’s list for 2023 includes seven of the top 15 biggest accounting firms in the U.S. In June the SEC issued EY a $100 million fine after employees were found to have cheated on the CPA ethics exam.

cpa firm 124

cpa firm CPA accounting firms audit 124

CPA Practice

AUGUST 31, 2023

After Duke Alexander Moore got a sneak peek at the questions he and the two other panelists would be asked during a session at the 2023 Unique CPA Conference, “Bridging the Gap,” there was a topic he knew nothing about, even as the owner of a tax and accounting business: the traditional accounting firm partnership business model.

cpa firm 103

cpa firm CPA cpas Account 103

CPA Practice

MARCH 31, 2023

Suttle & Stalnaker, PLLC, a full-service certified public accounting and consulting firm with offices in West Virginia, will celebrate 50 years of serving clients in and around the Mountain State in 2023. Through strategic growth and mergers, the firm currently operates offices in Charleston, Morgantown, and Parkersburg.

West Virginia 98

West Virginia cpa firm CPA Virginia 98

Accounting Insight

FEBRUARY 20, 2023

Several factors contribute to the shortage, like mid-career CPAs changing professions, or early retirements spurred by the pandemic. We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPA firms to consider. Especially considering the rigorous requirements for CPA eligibility.

cpa firm 52

cpa firm CPA accounting careers Technology 52

CPA Practice

SEPTEMBER 12, 2023

I then looked at the 2023 article “ Top 8 challenges keeping small business owners up at night ,” by Becker’s ASC Review and found these topics. You could send a client survey to identify what they are interested in. Or, ask a search engine. For example, I asked Google, “What keeps mid-sized company owners up at night?”

cpa firm 115

cpa firm CPA accounting and finance cpas 115

Going Concern

JANUARY 6, 2023

Wooooo it’s the first Footnotes of 2023! 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. Challenges And Opportunities For Accounting Departments In 2023 [ Forbes ]. As part of the transaction, all Arnold Group team members joined KPMG when the acquisition closed on January 1, 2023. ” Employment.

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

CPA Practice

NOVEMBER 29, 2023

Dallas private-equity firm Unity Partners acquired NDH last May , providing the accounting firm with capital, strategic, and operational support as NDH looks to expand through organic growth and strategic acquisitions. Stratus Group is the Chicago firm’s first acquisition.

Kansas 52

Kansas cpa firm CPA tax accountant 52

CPA Practice

MAY 4, 2023

Fortune recently released its 26th annual ranking of the 100 best companies to work for , and the business magazine’s list for 2023 includes seven of the top 15 biggest accounting firms in the U.S. In June the SEC issued EY a $100 million fine after employees were found to have cheated on the CPA ethics exam.

cpa firm 59

cpa firm CPA accounting firms audit 59

CPA Practice

JUNE 8, 2023

The Illinois CPA Society, one of the largest state associations in the nation serving the certified public accountant community, has announced the recipients of its 2023 Lester H. The following honorees will be recognized at the ICPAS Leadership Recognition and Awards Dinner on June 8, 2023, in Chicago. McKeever Jr.

Illinois 52

Illinois CPA accounting and finance Washington 52

Dent Moses

FEBRUARY 7, 2024

Specifically, there is a real need for more incoming CPA candidates to replace those retiring and to handle increased demand. Let’s look at some statistics: There were 672,587 actively licensed CPAs as of September 1, 2023. 75% of current CPAs will retire in the next 15 years. from the previous year.

CPA 52

CPA cpas cpa firm Education 52

Steve Feinberg

NOVEMBER 29, 2023

That’s why we’re proud to announce that Appletree is the recipient of the Clutch Global and Clutch Champion awards for 2023 in recognition of our commitment to excellence in the small business accounting services field. Clutch stands as the authoritative global marketplace for B2B service providers.

New Hampshire 98

New Hampshire bookkeeping cpa firm cpas 98

CPA Practice

AUGUST 23, 2023

State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S. TSCPA is the premier professional association for CPAs in Tennessee,” said Kara Fitzgerald, CPA, President/CEO of TSCPA.

Tennessee 97

Tennessee cpas CPA Education 97

RogerRossmeisl

OCTOBER 30, 2023

And due to high inflation, the adjustments for 2023 were big. 179 deductions For qualifying assets placed in service in tax years beginning in 2023, the maximum §179 deduction is $1.16 The post Update on Depreciating Business Assets appeared first on Roger Rossmeisl, CPA. But if your business puts in service more than $2.89

Real Estate 249

Real Estate CPA Tax cpa firm 249

RogerRossmeisl

JANUARY 1, 2024

As reported via IR-2023-230 on 12/6/2023 As part of continuing efforts to combat dubious Employee Retention Tax Credit (ERTC) claims, the Internal Revenue Service is sending an initial round of more than 20,000 letters to taxpayers notifying them of disallowed ERTC claims.

CPA 217

CPA Tax cpa firm business tax 217

RogerRossmeisl

NOVEMBER 20, 2023

The post IRS Outlines Withdrawal Process for Employee Retention Tax Credit (ERTC) Claims appeared first on Roger Rossmeisl, CPA. Employers that submitted an ERTC claim that’s still being processed can withdraw their claim and avoid the possibility of getting a refund for which they’re ineligible. The IRS created the.

Tax 232

Tax CPA cpa firm business tax 232

CPA Practice

FEBRUARY 5, 2024

David Wurtzbacher – 2023 “20 Under 40” Influencer Founder & CEO Ascend LLC www.ascendtogether.com Recent Career Highlights Having raised private equity capital from Alpine Investors, I formally began building a management team in January 2023, and striking our first partnerships with exceptional firms.

cpa firm 52

cpa firm cpas CPA Account 52

CPA Practice

SEPTEMBER 7, 2023

Enter Financial Cents’ groundbreaking event, WorkflowCon 2023, the inaugural conference designed specifically for accounting and bookkeeping firm owners seeking to revolutionize their workflows. In her keynote presentation, she will delve into the critical role of getting workflow management right to scale your firm.

Account 72

Account accountant accounted bookkeeping 72

CPA Practice

MARCH 2, 2023

She collaborates closely with the leadership team to develop to implement initiatives that advance the firm’s strategy by unlocking the power of its more than 35,000 professionals, improving employee and partner experiences, and strengthening culture. ©2023 Quartz Media Inc. This article was originally published in Quartz.

cpa firm 75

cpa firm CPA Account accountant 75

CPA Practice

JUNE 5, 2023

The consulting practices at seven of the biggest accounting firms in the U.S. Business news and analysis website The Consulting Report last month released its ranking of the top 50 consulting firms of 2023 , which it said “highlights the world’s most trusted and influential professional services firms.”

cpa firm 52

cpa firm CPA Technology Agriculture 52

RogerRossmeisl

JANUARY 1, 2024

ERTC Voluntary Disclosure Program On December 21, 2023, the IRS announced a new Voluntary Disclosure Program for businesses who claimed the ERC erroneously. The post IRS Launches New Webpage with FAQs on ERTC Voluntary Disclosure Program appeared first on Roger Rossmeisl, CPA.

CPA 228

CPA Tax cpa firm business tax 228

Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users.

CPA 100

CPA quickbooks Real Estate auditor 100

RogerRossmeisl

SEPTEMBER 4, 2023

As reported in IRS News Release IR-2023-157 The Internal Revenue Service announced that starting 1/1/2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. The new requirement for.

CPA 261

CPA Government Tax Finance 261

RogerRossmeisl

FEBRUARY 5, 2023

On 2/3/2023, the IRS issued Notice 2023-16 guidance that modifies the definitions of certain vehicle classifications for the new, previously owned and qualified commercial clean vehicle tax credits.

Tax 233

Tax CPA cpa firm business tax 233

RogerRossmeisl

FEBRUARY 18, 2024

For 2024, a participant who earned $150,000 or more in 2023 is a highly compensated employee. appeared first on Roger Rossmeisl, CPA. Employers with 401(k), 403(b) and 457(b) plans can opt to offer PLESAs to non-highly compensated employees. Here are some more.

Account 188

Account accountant accounted CPA 188

RogerRossmeisl

FEBRUARY 26, 2023

As reported in IR-2023-33 on 2/24/2023 Disaster-area taxpayers in most of California now have until October 16, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced last Friday. Previously, the deadline had been postponed to May 15, 2023 for these areas.

California 236

California Tax tax return CPA 236

Cherry Bekaert

FEBRUARY 2, 2024

Introduction Throughout 2023, private equity faced a litany of challenges as it navigated a mini banking crisis, increasing capital costs, and an intractable valuation gap between buyers and sellers, all while facing enhanced regulatory scrutiny. The cumulative impact resulted in a steep decline in overall deal activity.

accounting and finance 83

accounting and finance California cpa firm CPA 83

RogerRossmeisl

JANUARY 8, 2023

The credit generally applies to vehicles having >4 wheels that are placed in service from 1/1/2023 – 12/31/2032. The post Unpacking the Clean Vehicle Credits under IRA ’22 appeared first on Roger Rossmeisl, CPA. Who Qualifies You may qualify for.

CPA 229

CPA Tax cpa firm 229

CPA Practice

FEBRUARY 27, 2023

One woman, Garigen claims, accused a drunken Soucia of telling her, “I own you”; throwing pretzels and candy at her; and pulling at her hair and asking, “How does it feel not to be a CPA?” A second woman said Soucia touched her hair inappropriately and told her, “Your hair was bothering me like that,” the lawsuit states.

cpa firm 52

cpa firm CPA Non-Profits cpas 52

RogerRossmeisl

JANUARY 12, 2023

On January 10, 2023, IRS news release IR-2023-03 announced that California storm victims now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments. The post California Storm Victims Qualify for Extended Tax Filing Deadlines appeared first on Roger Rossmeisl, CPA.

California 239

California Tax tax return CPA 239

Cherry Bekaert

AUGUST 18, 2023

Contact Us The post The Auditor of Public Accounts Oversight of Virginia Local Governments: Key Takeaways Impacting Your 2023 Audit and Financial Reporting appeared first on Cherry Bekaert. Discover our State & Local Government Services.

Virginia 52

Virginia public accounting auditor audit 52

CPA Practice

SEPTEMBER 25, 2023

Boston, Massachusetts Zachary Smargon, CPA, MSA, of South Boston, MA, has been promoted to Manager in the assurance practice. Woburn, Massachusetts Amanda Auriemma, CPA, of Wakefield, MA, has been promoted to Manager in the assurance practice. Shaun Cote , CPA, of Nottingham, NH, has been promoted to Senior Manager in the tax practice.

New Hampshire 105

New Hampshire Massachusetts CPA Real Estate 105

RogerRossmeisl

JANUARY 1, 2024

As reported via IR-2023-247 on 12/21/2023 As part of an ongoing initiative aimed at combating dubious Employee Retention Tax Credit (ERTC) claims, the Internal Revenue Service launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing ERTC claims in error.

CPA 130

CPA Tax cpa firm business tax 130

CPA Practice

FEBRUARY 28, 2023

The American Institute of CPAs (AICPA) and CPA.com announced its 2023 Startup Accelerator cohort at a kick-off meeting held at AICPA headquarters in New York. This year’s participants include five early-stage companies pursuing a variety of solutions in audit, accounting, tax and e-commerce.

E-commerce 52

E-commerce Technology Texas cpa firm 52

CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report.

Pennsylvania 52

Pennsylvania public accounting accounting firms Account 52

CPA Practice

JANUARY 10, 2024

LeaseCrunch optimizes lease accounting processes for CPA firms by automating calculations and the required deliverables. The solution allows firms to streamline operations, save time, reduce errors, lower costs and simplify compliance with the new lease accounting standards. The transaction closed in the fourth quarter of 2023.

cpa firm 52

cpa firm CPA accounting standards Technology 52

CPA Practice

OCTOBER 20, 2023

AICPA Releases Statement on IRS Announcement Concerning ERC Mills The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) detailing additional steps being taken to address aggressive and unscrupulous Employee Retention Credit (ERC) mills.

cpas 52

cpas CPA Education audit 52