CPA Practice

JANUARY 17, 2023

In the last few years there has been a shortage of critical skills with regards to the accounting profession and especially in the output of North American and European professionals with CPA, EA and CMA qualifications. This is where skilled CPA, CMA AND EA professionals shine. Each state’s Board of Accountancy issues the CPA license.

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cma CPA accounting and finance public accounting 126

CPA Practice

FEBRUARY 6, 2024

A new Treasury Department analysis says the IRS could turn the nearly $80 billion in funding it’s receiving from the Inflation Reduction Act into $561 billion in overdue and unpaid taxes collected over the next 10 years, higher than earlier estimates.

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audit Tax Technology Account 130

CPA Practice

MARCH 11, 2024

The American Institute of CPAs has sent a letter to the Internal Revenue Service requesting guidance on section 461(l), also known as the limitation on excess business losses (EBLs) of noncorporate taxpayers, enacted under the Tax Cuts and Jobs Act (TCJA).

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cpas Tax 69

Anders CPA

AUGUST 22, 2023

This law provides an income tax credit for taxpayers who hire an intern or apprentice who is paid at or beyond the minimum wage. The DED will establish the procedure for claiming the tax credit and will certify eligible applicants to the Missouri Department of Revenue.

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Missouri Tax income tax CPA 52

CPA Practice

MAY 3, 2024

in 2019 to 1% in tax year 2026. The IRS also said it is addressing racial disparities in tax enforcement, following an academic study last year that found Black taxpayers were three to five times more likely to be audited than other taxpayers. We highlight accomplishments rather than taking a victory lap because more work remains.

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audit Tax Technology Government 96

CPA Practice

MARCH 8, 2024

There are currently two annual sales tax holidays in Alabama: A severe weather preparedness tax-free weekend in February and a back-to-school tax-free weekend in July. A new tax holiday will join them starting in 2025 should House Bill 257 become law: The twice-yearly Alabama Adventure Awaits sales tax holiday.

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Alabama Sales Tax Florida 52

CPA Practice

OCTOBER 18, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss how a new generation of computing will impact accounting firms. But the algorithm and the quantum computing capabilities that can break decryption, some experts are saying could happen as early as 2020, by 2029, using Shor’s algorithm. 10 seconds to the time stamps below.)

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Technology Account accountant accounted 126