ThomsonReuters

NOVEMBER 8, 2024

According to the Thomson Reuters 2024 State of Corporate ESG Report , 77% of survey respondents said they believe AI will have a high or transformational impact on their work over the next five years. Graphic from the 2024 State of Corporate ESG Report.

Technology 118

Technology accounting and finance Government Finance 118

Accounting Today

JUNE 16, 2025

Accountants manage a high volume of sensitive information daily, covering everything from client tax details and payroll reports to audit documentation and financial disclosures. million in 2024 , this has never been a more pressing issue. And with the average cost of data breaches reaching an all time high of $4.88

Technology 64

Technology accountant Account accounted 64

Accounting Today

JUNE 12, 2025

Bangor, Maine: Paul Archer, a Florida resident formerly of Hampden and Orrington, Maine, has pleaded guilty to attempting to evade federal taxes and engaging in fraudulent transfers and concealment in a bankruptcy proceeding. Fisher and Sinnott were convicted and sentenced to prison in January 2024.)

Tax 85

Tax tax preparation audit Technology 85

CPA Practice

JULY 7, 2025

from spring 2024. economy over the next 12 months, down from 47% last quarter and 67% at the end of 2024. across four sections of the Uniform CPA Examination, pass the four sections on their first attempt and have completed testing in 2024. Overall graduate enrollment increased 1.5% Only 27% now hold a favorable view of the U.S.

cpas 85

cpas accounting and finance CPA Technology 85

ThomsonReuters

MAY 21, 2025

Advanced automation, including invoice enrichment, validation, and audit. Built-in audit trails further support transparency and traceability. This creates an ongoing burden for corporate tax and IT departments, especially when their systems rely on older, more rigid integration frameworks.

corporation tax 52

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Accounting Today

JULY 25, 2025

Boyer & Ritter, Camp Hill, hired as associates: Isaiah Houser, Matthew Rindfuss, Madison Bucher, Brady Knier, Nicholas Resele, and previous interns at the firm in 2024: Riley McGallicher, Jacklyn Karoly and Hanna Swalin. RHODE ISLAND Elizabeth Harman was promoted to partner at KLR, Providence.

Rhode Island 59

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Accounting Today

JULY 24, 2025

Happy Valley, Oregon: Business owner Joyce Leard has pleaded guilty to not paying over employment taxes to the IRS. From 2017 through 2024, Leard also owned and operated Wall 2 Wall Hardwood Floors Inc., Leard owned and operated Mr. Tree Inc., another Happy Valley-based company.

Tax 59

Tax tax preparation Real Estate tax return 59

ThomsonReuters

JULY 1, 2025

The firm has since scaled its user base by 450% to future-proof audit practices and enhance productivity. As firms of all sizes use agentic AI-powered solutions such as CoCounsel to yield measurable gains in efficiency, accuracy, and staff satisfaction, their competitors struggle with the same old bottlenecks.

Tax 64

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Accounting Today

JUNE 19, 2025

Nixa, Missouri: Tax preparer Tina Louise Yager has pleaded guilty to making false and fictitious claims against the U.S. Yager used clients information to present false returns to the IRS from November 2023 through March of 2024, submitting returns in the name of her clients without their knowledge or approval. and to wire fraud.

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Accounting Today

JUNE 26, 2025

1, 2024; and CPA Walter W. 20, 2024, and attorney Jason M. 10, 2024, and attorney Catherine E. 14, 2024, and CPA George O. 4, 2024; Enrolled Agent John A. Klein, in New City, New York, (effective July 22, 2024). Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. Connecticut: Attorney Scott M.

Tax 71

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ThomsonReuters

NOVEMBER 1, 2024

For global companies, the stakes are high: non-compliance can result in substantial financial penalties, increased audit risk, and reputational damage. Given these potential pitfalls, ensuring a robust and adaptable tax compliance strategy is essential for maintaining a competitive edge.

Tax 52

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Accounting Today

JUNE 13, 2025

across four sections of the Uniform CPA Examination, pass the four sections on their first attempt and have completed testing in 2024. MISSOURI Zane Kvasnicka Zane Kvasnicka was hired as a business valuation specialist in the management consulting practice at KPM CPAs & Advisors. Read the full story.) OHIO Cohen & Co.,

Technology 45

Technology New York cpas Indiana 45

Going Concern

OCTOBER 25, 2024

The rankings were derived from Vault’s Summer 2024 Intern Survey, which polled almost 20,000 interns at nearly 300 companies. CPA’s, PC, can no longer complete the audits due to staffing issues. CPA’s, PC, can no longer complete the audits due to staffing issues. Anonymity is assured.

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Accounting Today

JUNE 17, 2025

Milan Jaros/Bloomberg The firm is backed by private equity firm New Mountain Capital, which acquired its majority stake in March 2024 after selling a majority stake in Top 100 Firm Citrin Cooperman. By Paige Hagy June 16 Like what you see?

Technology 59

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Accounting Today

JULY 17, 2025

The remaining former partners — Randy Reimer, Max Dunlap, Mike Huett, Amy Estes and Shanna Rougeau — will join the firms leadership group as principals Doeren Mayhew received a private equity investment from Boston-based Audax Private Equity in August 2024.

Technology 59

Technology Michigan tax preparation corporation tax 59

Accounting Today

JULY 1, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits. The federal government spends hundreds of millions of dollars each year on financial audits. The shortcomings are clear.

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Accounting Today

JULY 15, 2025

The bonus depreciation went down to 80% in 2023 and in 2024 it went down to 60%. By Michael Cohn 10h ago Audit CBIZ/Marcum combo yields the most new SEC clients in Q1 A major merger between two billion-dollar firms put CBIZ at the top of the list for new Securities and Exchange Commission Engagements. In 2023 you couldnt deduct 100%.

Tax 91

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ThomsonReuters

NOVEMBER 19, 2024

Corporate tax departments also must contend with limited resources, including budget constraints and a shortage of skilled professionals. While the physical medical device might be subject to a reduced VAT rate as a healthcare-related good, the accompanying support services may be taxed at a higher rate.

Technology 59

Technology Tax tax return corporation tax 59

Accounting Today

JULY 1, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Courtesy of IAASB and IESBA The International Ethics Standards Board for Accountants said Tuesday its first global Ethics Standards on Tax Planning , which IESBA launched in April 2024, went effective today.

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Going Concern

JUNE 16, 2025

” People are poo-pooing David in the replies, reminding him that audit firms can’t be majority owned by outside investors. But the accounting giant hasn’t filed a trademark application for “Zora,” which Zora Labs says it’s owned since March 2024. Crete PA does not provide services to clients.” Note: Zora is a client.

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accountant Account accounted Non-Profits 64

Accounting Today

JULY 8, 2025

We can now go back to the old provisions, especially for small businesses with under $31 million in revenue, and amend for 2022, 2023 and 2024. By Michael Cohn 2h ago Audit IAASB revises auditor fraud standard The International Auditing and Assurance Standards Board has revised its standard on the auditors responsibilities relating to fraud.

Technology 126

Technology audit tax preparation corporation tax 126

ThomsonReuters

FEBRUARY 10, 2025

These digital transformations typically involve transitioning to a cloud-based business system, and they are important to corporate tax leaders because the tax function touches virtually every aspect of a modern organization. ONESOURCE Indirect tax and Oracle cloud Simplified processes. Elevated performance.

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Accounting Today

JULY 15, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email A major merger with billion-dollar firm Marcum toward the end of 2024 put CBIZ firmly at the top of the list of new Securities & Exchange Commission audit clients for the first quarter of 2025. billion helped Deloitte come in second in terms of new assets audited, helped by $5.1

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Accounting Today

JUNE 24, 2025

The ACFE, in its most recent Report to the Nations in 2024, estimated the typical organization loses 5% of its revenue to fraud, translating to about $5 trillion per year. Studer CPA and Michael Studer for repeat violations related to a 2019 audit.

Rhode Island 52

Rhode Island Technology tax preparation audit 52

MyIRSRelief

APRIL 3, 2025

Through real-life stories from Pasadena and Glendale, heres how this firm stands head and shoulders above the rest, proving that when it comes to taxes, personal attention isnt just a perkits the star of the show. For Maria, the corporate tax machine didnt just fail herit left her stranded. Facing a tax emergency at 7 PM?

California 130

California Tax tax services corporation tax 130

Going Concern

NOVEMBER 12, 2024

One of the settlements, worth about $2 million, is with Wayne Plummer, a former senior PwC corporate tax partner and leader of the firm’s tax risk and quality team, according to a source familiar with the arrangements but not authorised to speak about the settlements. A proper MOU was done & money I gave.

accountant 52

accountant Account accounted Technology 52

Accounting Today

JULY 2, 2025

In fact, according to Medius 2024 survey of U.S. As reported in a 2025 survey by the Association for Financial Professionals, respondents citing the use of paper checks for payments surged to 91%, and a further 63% reported that their organizations faced check fraud in 2024.

Technology 52

Technology North Carolina audit tax preparation 52

Accounting Today

JULY 21, 2025

For tax years after 2024, Section 174A permanently restores the ability to fully deduct domestic R&D expenses in the year they are incurred. This provides clarity and a powerful incentive for future innovation," noted Brett Johnson, the founder of Arvo Tech, which helps businesses maximize their tax strategies.

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Technology corporation tax tax planning tax preparation 77

Accounting Today

JUNE 9, 2025

Musk, the biggest political donor of the 2024 campaign, has threatened to help defeat anyone who votes for the legislation, but lawmakers seem to agree that staying in the presidents good graces is the safer path to political survival. Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S.

Tax 52

Tax Technology West Virginia audit 52

Accounting Today

JULY 18, 2025

founder Ron Cohen, who died in August 2024. relocate offices; and more news from across the profession. Cohen & Co., Cleveland, announced a donation commitment of $100,000 to Cleveland Guardians Charities, via the Cohen & Co. Community Foundation, in honor of Cohen & Co.s

Indiana 69

Indiana Technology Real Estate New Jersey 69

Withum

DECEMBER 17, 2024

Reduced Taxation Corporate Tax Changes One of the hallmark policies of the first Trump administration was the reduction in corporate tax rates. On the other hand, corporations might prioritize reinvestment over philanthropy, especially if they face pressure to maximize shareholder returns.

Tax 52

Tax corporation tax tax planning Government 52

Accounting Today

JULY 15, 2025

The February deadline applies to: Any individual, business or tax-exempt organization that has a valid extension to file their 2024 return due to run out on Oct. 15, 2025; Quarterly estimated income tax payments normally due on Sept. 15, 2026; Quarterly payroll and excise tax returns normally due on July 31, Oct.

Texas 108

Texas Tax Technology tax preparation 108

Accounting Today

JULY 1, 2025

In December 2024, it took a private equity investment from Summit Partners in Boston. EDT 1 Min Read Facebook Twitter LinkedIn Email UHY added Cincinnati-based firm Flynn & Company, expanding its reach into Ohio. UHY, based in Farmington Hills, Michigan, ranks No. 26 on Accounting Today s 2025 Top 100 Firms list. UHY reported $384.7

Ohio 59

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Going Concern

JANUARY 10, 2025

We admire your unshakeable faith in the integrity of audit firms, Fred. 68% of leaders will invest between $50-$250 million in GenAI over the next 12 months, up from 45% in Q1 of 2024. The unconstitutionally structured PCAOB is a bespoke quasi-governmental regulator created by the Act to regulate the public auditing profession.

New York 52

New York CPA Washington Tax 52

Accounting Today

JULY 7, 2025

So at the end of last year, at the end of 2024, culmination of things happened. So the pinnacle was end of 2024 when I went through my fifties spiral. I went into a spiral in November, but I was still showing up to work, and I really wasnt communicating my mental health with my boss. So I would come to meetings with a deathlike.

Technology 59

Technology audit Tax accounting firms 59

Accounting Today

JULY 17, 2025

We have to play offense," said John McLaughlin, one of Trumps 2024 campaign pollsters. "We If the bill had not passed, 95% of Americans would have seen their taxes rise." We need to let the voters know this is what Democrats stand for.

Tax 72

Tax Technology audit tax planning 72

ThomsonReuters

FEBRUARY 22, 2024

It is inevitable that in the next few years, it will impact – and even transform – how corporate tax professionals go about their work. So, what are the key aspects of AI that are likely to affect the world of corporate tax? Here are the top five AI terms corporate tax professionals need to know: 1.

corporation tax 93

corporation tax Tax Technology audit 93