Going Concern

DECEMBER 20, 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. We believe accounting is among the most important and foundationaland might happen the fastest.

Rhode Island

ThomsonReuters

JULY 1, 2025

The tax and accounting profession is at a crossroads. The reality is that agentic AI is already transforming the way accounting and tax professionals work every day. Jump to ↓ Why is agentic AI a good fit for tax and accounting? Traditional automation handles repetitive tasks through fixed rules.

Tax

CPA Practice

JUNE 18, 2025

He also has more than 25 years of public accounting experience in the Columbus area. His executive leadership experience, coupled with his extensive experience in public accounting, further enhances Schneider Downs’ ability to provide highest-level consulting and guidance to its roster of clients.

Technology

Accounting Today

JULY 28, 2025

Prosperity Partner CEO Jeremy Dubow Jesse Sutton "Its always the people challenge in accounting right now," shared Jeremy Dubow, CEO of Chicago-based Prosperity Partners, the No. Our profession needs a 4% increase in accountants to be sustainable, yet were experiencing a greater than 1% decline since 2019," he explained.

Technology

Going Concern

JUNE 30, 2025

State lawmakers in Pennsylvania and Delaware each voted on Thursday to pass their respective CPA pathways legislation, joining a growing number of states enacting new laws to provide alternative routes to obtaining a certified public accounting license and ease the accounting shortage. Have a good one, you.

accountant

Going Concern

JULY 11, 2025

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. percent to 48.4 Talent Attention, firms! s receiver is suing Ernst & Young LLP for C$1.4

cpa firm

CPA Practice

JUNE 30, 2025

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.

Technology

CPA Practice

JULY 30, 2025

According to court documents: between 2010 and 2022, Gilda Rosenberg, of Golden Beach, conspired with two family members to conceal from the IRS more than $90 million in assets and income.

Florida

Going Concern

JUNE 27, 2025

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. has plucked its new cloud finance chief from Oracle Corp.,

audit

Accounting Today

JUNE 12, 2025

Bangor, Maine: Paul Archer, a Florida resident formerly of Hampden and Orrington, Maine, has pleaded guilty to attempting to evade federal taxes and engaging in fraudulent transfers and concealment in a bankruptcy proceeding. All rights reserved. The tax loss totaled $356,881. Sentencing is Sept. In March 2019, Archer filed for Chapter 7.

Tax

CPA Practice

JULY 7, 2025

Surett earned a bachelor’s degree in accounting from Siena College in Loudonville, NY, and an MBA in finance from the State University of New York at Albany. The Key Award is given annually to one partner and one team member who exemplify the firm’s unique culture and values. and a founding member of UHY International.

North Carolina

Accounting Today

JUNE 19, 2025

Orlando, Florida: Medical equipment manufacturer Roger Whitman, 76, has been sentenced today to two months in prison for evading nearly $2.4 In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses.

Tax

Going Concern

NOVEMBER 22, 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. Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S.

auditor

Withum

FEBRUARY 14, 2025

Withum is proud to share that Ryan Kelly , CPA has been recognized by the Florida Institute of CPAs with a prestigious Horizon award. He is a graduate of the FICPAs Leadership Academy Class of 2023-2023, a high-impact, selective program for the accounting industrys emerging leaders.

cpas

TaxConnex

DECEMBER 3, 2024

The company was then referred by its tax advisors to an outside accountant who specialized in sales taxes, and the company applied for and was granted voluntary disclosure agreements to pay back taxes. Florida has issued guidance on the taxability of holiday decorations.

Sales

CPA Practice

JUNE 19, 2025

As enterprise sales leader, Reimann leads a team of business developers, account managers and strategic business relationship leaders that generate more than $1B in revenues annually for RSM. She is a certified public accountant with more than 23 years of experience in the industry.

Real Estate

Accounting Today

JUNE 5, 2025

Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. All rights reserved.

Tax

Accounting Today

JULY 16, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email Armanino, a Top 25 Firm based in San Ramon, California, has added Strategic Accounting Outsourced Solutions , extending Armaninos outsourcing capabilities, particularly in the nonprofit and family office sectors. All rights reserved. Financial terms of the deal were not disclosed.

Technology

Withum

JULY 2, 2025

As part of that audit, the Shleifers’ accountant spoke to the IRS revenue agent and orally explained that the deduction should have been claimed on Schedule E of the tax return (as an unreimbursed partnership expense), instead of Schedule C as a trade or business expense, but that the amount of the deduction would have been the same either way.

Tax

Accounting Today

JUNE 13, 2025

FLORIDA The Florida Institute of CPAs announced its annual Women to Watch Awards on June 12 during its MEGA 2025 event, presenting the Experienced Leader award to Kristen Brand, office managing partner of Baker Tilly in Tampa, and Emerging Leader honor to Alex Welsh, senior manager of service delivery operations at A-LIGN.

Technology

Going Concern

OCTOBER 25, 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. LLP, with WAMY and its counsel, engaged in wrongful conduct during Marks’ engagement with WAMY.

accounting and finance

Accounting Today

JULY 25, 2025

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan. All rights reserved.

Rhode Island

Accounting Today

JUNE 9, 2025

Dan Hood (00:03): Welcome to On the Air with Accounting Today. Here to talk about all that as well as some other developments that accountants should be paying attention to is Neil Fishman of Fishman Associates and the president of the National Association of CPA Practitioners, as well as a return guest to the podcast.

Washington

CPA Practice

JULY 30, 2025

View more articles from Gail Cole > CPA Practice Advisor is the definitive technology and practice management resource for accounting and tax professionals. Read the FAQs Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more. © 2025 Firmworks, LLC.

Technology

Withum

JULY 30, 2025

The Client An orthopedic and sports medicine practice in Florida with an annual revenue of nearly $7 million. Based on the analysis, a discounted cash flow analysis was prepared, making assumptions that allowed the practice owner to negotiate a higher value for the practice while accounting for the increased rent expense.

Real Estate

Accounting Today

JULY 10, 2025

He was notified of employment taxes due, accounted for such taxes, had sufficient funds to pay them but chose not to pay. million in cash from CRs bank account to pay business expenses, his wages and his distributions. Jacksonville, Florida: Ana Juanita Andrade-Reyes, a Honduran national illegally in the U.S.,

Tax

Accounting Today

JULY 21, 2025

Several leaders of the 2025 Fastest-Growing Firms being honored at Accounting Todays Firm Growth Forum Jesse Sutton KNAV has a similar laser focus, but on the Atlanta-based firms global clientele. "We All rights reserved. We are actually an international firm," shared CEO Nishta Sharma.

Technology

Going Concern

MAY 1, 2025

Several years back, the AICPA seemingly out of nowhere announced it had detected a huge threat to CPA licensure and started warning its members of a vague movement to do away with licenses completely that could somehow affect accountants. Giallombardo passed the Florida House of Representatives Commerce Committee.

Florida

Going Concern

NOVEMBER 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. In a case brought by investors against the accounting firm BDO, the Second U.S.

audit

Accounting Today

JUNE 26, 2025

Florida: Attorney William Kalish, Tampa, indefinite from Oct. Tax-related court cases Tax scams Tax fraud Tax preparation Tax crimes Tax evasion MORE FROM ACCOUNTING TODAY Technology Does your app share client data? All rights reserved. Englander, Westlake Village, indefinite from Oct. 1, 2024; and CPA Walter W.

Tax

Going Concern

JANUARY 31, 2025

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. Moving forward, the New York team will continue to serve its business and tax clients.

cpa firm

Accounting Today

JULY 31, 2025

Beginning in 2012, Devine caused BK to fail to account for and pay hundreds of thousands of dollars in payroll taxes. The charge of failure to truthfully account for and pay over trust fund taxes carries a maximum of five years in prison and a $250,000 fine. All rights reserved.

Tax

Accounting Today

JULY 8, 2025

Baltimore, Charlotte, and South Florida. 16 on Accounting Today s 2025 list of the Top 100 Firms. All rights reserved. As part of the deal, Piascik partners Steve Piascik will become the Richmond office managing partner at CohnReznick and Ryan Losi will join the international tax team. "We CohnReznick ranked No. It earned $1.12

Technology

Accounting Today

JULY 1, 2025

Cohen, a member of Accounting Todays 2023 MP Elite. Ascend is a strategic partner for regional accounting firms backed by private equity firm Alpine Investors. All rights reserved. Together, our talented professionals offer deep technical expertise and a shared vision for delivering meaningful client outcomes.

North Carolina

Going Concern

FEBRUARY 7, 2025

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. The accounting software company surveyed 2,000 U.S.

cpas

Accounting Today

JULY 18, 2025

ALABAMA Machen McChesney, Auburn, promoted: Emma Farris to manager, Mary Elizabeth Bond to supervisor, and Ally Bean, Cole Dewberry and Keeley Leisure to senior accountants. FLORIDA Leif Novie was hired as a partner in the private client services practice at CohnReznick, South Florida. All rights reserved. DELAWARE Herbein + Co.

Indiana

Withum

DECEMBER 4, 2024

For example, common states where people move to reduce state income 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). Consider contributing to a health savings account (HSA). surviving spouse, trust, charity, etc.)

tax planning