CPA Practice

MAY 10, 2024

KSM Announces Appointments for Five New Leadership Roles Katz, Sapper & Miller (KSM) recently announced the appointments of Erin Eberly, Jason Patch, Mike North, Mike Lee, and Jamie Ellis to newly created roles overseeing the firm’s tax, audit, and advisory practices, its industry groups, and its operations. He received his L.L.M.

Tennessee 65

Tennessee audit New York income tax 65

Going Concern

MAY 26, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm is embroiled in a national scandal over its use of confidential information about proposed tax laws to drum up business. Have a safe Memorial Day. million over a decade.

public accounting 87

public accounting Account accountant accounted 87

Going Concern

MARCH 1, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. This is an accounting trick.

audit 105

audit Nebraska auditor chartered accountant 105

TaxConnex

SEPTEMBER 7, 2023

Exemption for a contractor providing services to a nonprofit requires specific circumstances in Tennessee. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. How important are these certificates?

Sales 147

Sales Tax Non-Profits North Carolina 147

Going Concern

JANUARY 16, 2023

An accountant used his position in the accounting department of the Volunteer Energy Cooperative (VEC) in Tennessee to steal nearly a million dollars, he used a refund scheme to transfer money into his personal checking account and make payments to his credit cards and his wife’s credit cards.

Account 92

Account accountant accounted auditor 92

Going Concern

AUGUST 11, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting and advisory firm Grant Thornton trimmed about 3% of its ranks in June. What drew you to the field of accounting?

Account 85

Account accountant accounted Tennessee 85

Going Concern

OCTOBER 20, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Early-career hires are set to account for the majority of job losses in some teams, as Deloitte retrenches following a slowdown in demand. Welsh said.

CPA 103

CPA quickbooks Real Estate auditor 103

Going Concern

AUGUST 18, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. In total, the audit reportedly suggested that 20th Century underpaid TSG “by at least $40 million.” The accounting firm said it will challenge the finding. “We PwC Will Appeal $65.5

Account 89

Account accountant accounted accounting and finance 89

TaxConnex

JANUARY 27, 2022

year over year – later even predicting a big decline to account for “the shock” from pandemic lockdowns. Arkansas, Kansas, Pennsylvania, Tennessee, Texas and Florida were the latest states to report sales tax revenue shattering predictions. Can audits and stricter enforcement be far off? Nearly 8% growth was expected in 2021.

Sales 162

Sales E-commerce Tax Florida 162

CPA Practice

MARCH 18, 2024

Top 500 accounting firm JHM Certified Public Accountants, based in Chattanooga, is expanding its presence in eastern Tennessee by combining with Harting, Bishop & Arrendale (HBA) in Cleveland, TN. The combined firm will operate under the name of JHM Certified Public Accountants.

cpa firm 52

cpa firm CPA Tennessee Real Estate 52

Going Concern

JANUARY 5, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default.

tax return 106

tax return Virginia accounting and finance audit 106

CPA Practice

JUNE 5, 2023

The Society will award the $5,000 scholarship each year to a deserving undergraduate or graduate student pursuing an accounting degree in Massachusetts. The Delaware Society of Certified Public Accountants (DSCPA) is offering the Delaware Ethics for CPAs course. Check out DSCPA.org for more information or to register online.

CPA 111

CPA Delaware Oklahoma Massachusetts 111

Going Concern

FEBRUARY 3, 2023

An email sent on Thursday to retired partners of the Big Four accounting firm, seen by the Financial Times, said US executives were considering a request to boost pension payouts or hand the retirees shares in the new consulting business. Louis accounting firms say demand drives surge in hiring for non-CPA professionals [ St.

cpas 108

cpas quickbooks accounting and finance North Carolina 108

CPA Practice

JANUARY 31, 2023

Professionals on the Move is a round-up of recent hiring and leadership announcements in and around the accounting profession. Nina earned both her Bachelor of Business Administration (Accounting) and her Juris Doctor from Georgia State University. 1, 2023. A graduate of the Peter T.

New Hampshire 110

New Hampshire Georgia Virginia public accounting 110

Going Concern

NOVEMBER 3, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. How will AI affect accounting jobs? One of the primary concerns centers on how AI will affect accounting jobs and the career outlook for tax professionals.

financial statements 104

financial statements Tax audit CPA 104

Going Concern

MARCH 18, 2022

Accounting Faces Reckoning After Years of Sluggish Pay Growth [ Bloomberg Law ] Gasp! They are demanding perks and benefits that we haven’t seen before,” McDonald said of workers in accounting and finance. The reality of accounting now is very much centered around client interaction and understanding client needs. WELL I NEVER!

audit 52

audit auditor Tennessee accounting and finance 52

PYMNTS

APRIL 13, 2020

A man in Tennessee hoarded nearly 18,000 bottles of hand sanitizer , bottles he later donated after online marketplaces started banning sales of certain types of goods and state investigators showed up at his door. A decade ago, bad actors were stealing card numbers for digital fraud, and now they’re taking over whole accounts.

Tennessee 129

Tennessee Start-ups Sales audit 129

inDinero Tax Tips

MARCH 2, 2023

As many IRS audits and prosecutions have shown, this is not the case. The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

Tax 98

Tax income tax South Dakota tax return 98

LyfeAccounting

FEBRUARY 9, 2021

Tax Benefits #3: Low Risk of Audit. Since 2010, S-Corp audits have dropped about 34%. According to the IRS, audit rates for S-Corps in 2018 were 0.22%. To put it in perspective, that is one in every 459 S-Corps were audited. S-Corps have a very low chance of being audited by the IRS. This is extremely low.

Tax 52

Tax audit New Hampshire income tax 52

inDinero Tax Tips

MARCH 2, 2023

As many IRS audits and prosecutions have shown, this is not the case. The following states have no state income taxes, and therefore no state capital gains taxes: Alaska Florida Nevada New Hampshire South Dakota Tennessee Texas Washington Wyoming Among the other 41 states, some are more favorable to capital gains than others.

Tax 52

Tax income tax South Dakota tax return 52