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New Beneficial Ownership Reporting Requirements Effective 1/1/24

RogerRossmeisl

Entities in existence prior to January 1, 2024, have until January 1, 2025, to file these reports. The post New Beneficial Ownership Reporting Requirements Effective 1/1/24 appeared first on Roger Rossmeisl, CPA. Unfortunately, this will impose burdensome reporting requirements on most businesses, and the willful failure.

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State CPA Societies in Action: Tennessee Society of CPAs

CPA Practice

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.

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AuditFile Partners with AuditClub for Audit Efficiency and Quality

CPA Practice

AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews.

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AuditClub Announces New Quality Management Subscription

CPA Practice

The suite of quality management standards, issued in June 2022 by the Auditing Standards Board of the AICPA, requires firms to transform their existing quality control systems to comply with the more robust standards by December 15, 2025. The PCAOB has also followed suit with its own new proposed quality control standard.

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How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

There are several ways accounting professionals and organizations can benefit from upskilling and reskilling online — whether to prepare for the CPA exam, build cutting-edge analytic capabilities, or create a new talent strategy. In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025. She enrolled in a U.S.

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Get to Know TaxConnex: Partner Q&A Series - Robert Dumas

TaxConnex

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 want TaxConnex to build a powerhouse sales and marketing organization that will allow us to be $20M of annual revenue in 2025. I graduated in 1985 with a Masters in Tax.

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NYC Musical and Theatrical Tax Credit Program Expands

Withum

Per the amended guidelines released on May 26, 2023, the tax credit will be made available for an additional two years, through September 30, 2025. This also extends the required date of the first paid public performance to be on or before June 30, 2025. Submission no later than ten days prior to such performance is highly encouraged.

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