Going Concern

SEPTEMBER 18, 2023

Sierra, a 23-year-old associate in New York is feeling “horrible” pressure to perform so she is not laid off. This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations.

audit 62

audit Account accountant accounted 62

Going Concern

APRIL 6, 2022

With the ongoing Great Resignation across all industries and the critical pipeline problem contributing to a shortage of accountants , the profession is in a bit of trouble. We’ll update it should we have more information, and keep an eye out for 2022 Big 4 compensation data as the new numbers roll out later this year. Manager: 2%.

accountant salary 72

accountant salary Account accountant accounted 72

CPA Practice

JANUARY 18, 2024

Top 25 accounting firm Citrin Cooperman has acquired Mibar, a business software consulting firm based in New York City. Mibar joins New York City-based Citrin Cooperman with 30 employees and more than $12 million in revenue. Financial terms of the deal weren’t disclosed.

NetSuite 64

NetSuite New York tax accountant accounting firms 64

CPA Practice

MAY 10, 2024

FORVIS adds two managing directors to State & Local Tax team FORVIS , an integrated professional services firm has hired two new managing directors to bolster its State & Local Tax (SALT) practice in two key markets. Ecroyd is a licensed CPA in New York and Colorado. Albany in New York.

Tennessee 64

Tennessee audit New York income tax 64

CPA Practice

SEPTEMBER 26, 2023

Top 20 accounting firm Armanino, based in San Ramon, CA, said on Tuesday it is merging with Garden City, NY-based CPA and advisory firm Janover. Garden City will be Armanino’s second location in New York; the firm has had an office in New York City since 2021. The 19th largest public accounting firm in the U.S.

Real Estate 59

Real Estate New York accounting firms cpa firm 59

TaxConnex

JUNE 9, 2022

Voters will likely be asked this fall if they’re willing to increase the city’s 5% sales tax to 6% during the summer in exchange for exempting food from sales tax year-round. Now effective, this law allows “tier two” centers to apply for sales and use tax exemptions for some rentals and equipment purchases. billion in April, 12.8%

Sales 192

Sales Tax Colorado Massachusetts 192

CPA Practice

FEBRUARY 1, 2023

New York-based Citrin Cooperman said on Wednesday it has acquired fellow New York firm Berdon, in a deal that should place the combined firm among the 20 largest in the U.S. Citrin Cooperman is the 24th largest accounting firm in the U.S. 47 in the most recent INSIDE Public Accounting top 500 firm listing.

Real Estate 98

Real Estate New York Construction accounting firms 98

TaxConnex

NOVEMBER 3, 2020

New York City tax revenues in March and April fell $1.15 Sales tax accounted for the largest decline, falling $918 million, or 23 percent. In New York State , the sales tax payment the county of Onondaga received recently was $10 million higher than the same period last year. billion (3.5

Sales 223

Sales Tax Wisconsin Vermont 223

CPA Practice

JANUARY 9, 2024

Top 25 accounting firm Citrin Cooperman has acquired Coleman Huntoon & Brown (CH&B) PLLC, a Chapel Hill, NC-based tax, accounting, and business consulting firm. The New York-based firm also picks up its first office location in the Carolinas as part of the acquisition.

North Carolina 59

North Carolina tax return New York tax planning 59

CPA Practice

NOVEMBER 29, 2023

On December 11-12, the NYU 42 nd Annual Institute on State and Local Taxation, hosted by the NYU School of Professional Studies Division of Programs in Business , will take place at the Westin New York at Times Square. In addition, what re the tax accounting considerations of the insured?

New York 52

New York Tax Connecticut New Jersey 52

CPA Practice

MAY 17, 2023

Most states tax personal property owned by businesses and require businesses to complete and file a personal property rendition every year. The exceptions to that rule are Delaware, Hawaii, Illinois, Iowa, Minnesota, New Hampshire, New Jersey, New York, North Dakota, Ohio, Pennsylvania, and South Dakota.

South Dakota 105

South Dakota North Dakota Real Estate Washington 105

Withum

JUNE 14, 2023

Robert’s career spans over 30 years, in which he has served as an accountant, tax consultant and advisor to countless shows. Producers, accountants, owners, and journalists know that Robert will always be there to help educate in times of change and fight for all aspects of the theater community.

tax consultant 52

tax consultant New York Tax Education 52

Withum

JANUARY 14, 2022

Withum, a national top 25 accounting and advisory firm, announced today that Pat Walsh , Partner and Market Leader for Withum’s National Tax Services Practice, will succeed CEO and Managing Partner Bill Hagaman , after his term ends in 2023. Bill Hagaman, CPA, CGMA Managing Partner and CEO, Withum.

accounting degree 119

accounting degree income tax CPA tax services 119

Shay CPA

NOVEMBER 6, 2023

Don’t fall into the trap of thinking this is true of all taxes, though — especially if you operate in New York. The state franchise tax can get pretty tricky, and it might not be based on your sales at all. Three different tax bases New York doesn’t just apply one tax rate to all corporations across the state.

Tax 52

Tax New York Technology Manufacturing 52

ThomsonReuters

FEBRUARY 1, 2021

These states include California, Illinois, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Texas, which are all states ranked among those with the largest economies in the country. If these loans are not repaid in 2022, up to 18 states could become FUTA credit reduction states for that tax year.

Hawaii 89

Hawaii Nevada California New Jersey 89

Going Concern

JUNE 16, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accountants love their jobs. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday.

Technology 98

Technology quickbooks accounting and finance Tax 98

ThomsonReuters

FEBRUARY 6, 2024

Types of indirect tax The value of indirect tax to tax professionals Differences between direct and indirect tax Tax planning and management is one of the primary areas accountants help their clients. Taxes are either direct tax or indirect tax.

Tax 52

Tax income tax Manufacturing corporation tax 52

MyIRSRelief

NOVEMBER 29, 2019

The IRS is an extremely powerful government agency that has wide-ranging powers in order to carry out its tax collecting duties. The consequences can range from, levying your bank accounts, auditing your company’s tax account to filing criminal charges. Get a free case evaluation 1-877-78-TAXES [1-877-788-2937].

payroll 140

payroll payroll tax Tax income tax 140

Going Concern

OCTOBER 12, 2022

Next up in our preview of accounting salaries for 2023 is the latest Finance & Accounting Salary Guide from staffing agency Randstad. Randstad, Robert Half, and Accounting Principals are probably the “big 3” when it comes to publishing accounting and finance salary prognostications for the coming year. Are they tho?

accountant salary 104

accountant salary public accounting Account accountant 104

MyIRSRelief

MAY 15, 2024

Common 990 Compliance Issues: preparation & planning Misclassification of volunteers as employees, leading to potential payroll tax liabilities. Improper reporting of reimbursements under accountable plans, as outlined in IRC Section 62(c). and foreign tax laws.

Tax 130

Tax payroll tax payroll tax preparation 130

ThomsonReuters

FEBRUARY 15, 2023

Accountants who help clients effectively manage property taxes can further strengthen their role as a trusted advisor. As a significant source of state and local revenue in the United States, the importance of property taxes is not to be underestimated.

Tax 52

Tax Real Estate Kansas South Dakota 52

PYMNTS

MAY 9, 2018

Or, they can be creative arts performers, such as voiceover artists; technical service providers, such as programmers, and professional service providers, such as attorneys and tax accountants. The partners looked at more than 20 million tax returns from the 15 cities studied.

Kansas 40

Kansas Healthcare tax preparation tax return 40

Going Concern

JANUARY 26, 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. Indeed, trust is not built on mitigating risks alone. million from the federal government.

Account 117

Account accountant accounted audit 117

KROST

FEBRUARY 23, 2021

If you are a US taxpayer interested in starting a business in a foreign country or are looking to analyze the benefits/drawbacks of the CFC’s current structure, it is important to consult a qualified tax accountant to determine the merits of forming a CFC to claim the GILTI high-tax exclusion. May Sung, MSA, Tax Senior.

Tax 54

Tax Non-Profits income tax tax planning 54

Going Concern

FEBRUARY 6, 2023

Accountancy Today ] Head over to Forbes to read about 28-year-old Nick Hobson , “the accountant who became an unlikely cricket hero in Australia’s Big Bash League.” Someone is going to launch an AI that does better work than 99% of tax/accounting firms and Intuit is going to buy it for a trillion.

auditor 19

auditor Account accountant accounted 19

PYMNTS

DECEMBER 30, 2019

Such delays in uptake could harm companies seeking to prove their systems’ value, as well as establish buyer bases ready to consume new games. . This month’s Deep Dive examines bundled products’ tax complexities, as well as the support and strategies merchants use to reduce strain and minimize liabilities. .

Tax 52

Tax Iowa Gaming Retail 52

Going Concern

MAY 6, 2022

Mesa grandma, 25-year-old accountant share love of Phoenix Suns [ Arizona’s Family ] JoAnne Ralph and Ben Barchilon have a special bond, and it all started with their love of the Phoenix Suns. The authors posit that one significant factor driving the gender gap in the accounting profession originates with the Uniform CPA Examination.

auditor 52

auditor audit CPA Real Estate 52

Withum

NOVEMBER 17, 2022

For example, common states where people move to reduce state taxes are Florida, Texas, Wyoming, and Nevada. Consider increasing the amount you set aside for next year in your employer’s health flexible spending account (FSA). Tax-Advantaged Accounts. Capital Gain Planning. million for a married couple.

tax planning 98

tax planning Tax Construction income tax 98

Going Concern

AUGUST 25, 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 industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.

tax preparation 98

tax preparation CPA payroll tax Illinois 98