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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

The headline is a bit disappointing however the article is not: Tax prep fees are rising because accounting is not a ‘cool’ career American taxpayers had to pay at least 20% more on average to get their taxes done last year — and accountants aren’t thrilled about it either. This eclipses the 4.2% In Sanders v. Comm’r, 160 T.C.

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Researchers Shockingly Discover That If You Pay Low Level Grunts More, They Do Better Financial Reporting

Going Concern

’23, of the University of Washington’s Foster School of Business has found a connection between how well low-ranking accountants are paid and the quality of their work. However, accounting employees who become aware of attempts to misreport might have incentives to take remedial actions rather than participate.

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Average Bookkeeper Salary in the United States

Snyder

This article might be useful for those choosing their career path in accounting or aspiring to change jobs as well as for owners of businesses who are considering various accounting solutions for their business. Current situation in the accounting industry. Accounting solutions. Bookkeeper vs accountant.

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Court Ruling Reveals Complexities Of SMB Government Contracts

PYMNTS

Washington Business Journal reports said last week that the GSA, an independent government agency, must start the process over, throwing out contracts previously awarded to 81 government contractors as part of its Alliant 2 Small Business (A2SB) vehicle. And here, [the] GSA, for whatever reason, didn’t do that.”

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Uncle Sam Wants YOU to Be His Accountant

Angry Accountants

He already has like a billion accountants working for him. Life working as an accountant at the IRS is no mystery -- just watch Stranger Than Fiction , and if you are interested in the job, try here: [link] But what about non-IRS jobs? Currently, there are 220 accountant jobs posted on the federal government's job website.

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