Going Concern

JULY 25, 2022

Some headlines to get you started on this fine Monday: KPMG partner banned from accounting after misleading regulator over Carillion. The spread of ESG labels into the $55 trillion market for short-term debt is creating new accounting challenges for those keeping track of how much good green finance is actually doing. KPMG fined £14.4

audit 93

audit Account accountant accounted 93

TaxConnex

AUGUST 11, 2022

Pennsylvania: The Department of Revenue continues to warn about sales tax scam letters to business owners claiming to be from the state. The letters include the Department of Revenue’s name and logo and say recipients are under investigation for failing to pay Pennsylvania taxes. Ecommerce and sales tax cybercrime is on the rise.

Sales 130

Sales Tax North Carolina Pennsylvania 130

CPA Practice

JANUARY 17, 2023

PICPA also announced a coming legislative update scheduled for March of 2023 that will cover Pennsylvania Gov. Nevada: The Nevada Society of Certified Public Accountants (NVCPA) announced several upcoming events including the 2023 Annual Gaming Conference , which is scheduled to take place May 16 and 17, 2023.

CPA 124

CPA Pennsylvania Tennessee Nevada 124

CPA Practice

MARCH 28, 2024

Donald Scholl, who provided management consulting and training services to hundreds of public accounting firms during the course of his more than 40-year career and created many development programs for CPAs, including the popular Management for Results, has passed away. He was 88 years old. We will miss him dearly,” he wrote. A class act.”

CPA 64

CPA Pennsylvania cpa firm cpas 64

CPA Practice

OCTOBER 5, 2023

This initiative aims to enhance racial and ethnic diversity and inclusivity among accounting educators in colleges and universities. Decker added, “The AICPA is committed to building a more diverse, equitable and inclusive accounting profession.

Georgia 59

Georgia Texas South Carolina Virginia 59

CPA Practice

JANUARY 17, 2024

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

North Dakota 58

North Dakota Rhode Island West Virginia South Dakota 58

CPA Practice

MAY 18, 2023

Victoria Saravia Bazoberry (New York), a graduate of the University of Notre Dame with a Bachelor of Business Administration in accountancy, is employed with KPMG LLP in New York, NY. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role in advancing education within the profession.

CPA 128

CPA institute of chartered accountants chartered accountant North Dakota 128

CPA Practice

FEBRUARY 7, 2023

The Hawaii Society of Certified Public Accountants is offering a webinar on February 17, 2023 titled Schedules K-2 and K-3: Why Even Partnerships and S Corporations with No Foreign Activities or Members May Need to Prepare These Forms. The Minnesota CPA and the MNCPA CPAPAC are offering CPA Day at the Capitol.

CPA 116

CPA Indiana Pennsylvania cpas 116

LSLCPAs

DECEMBER 17, 2021

The Financial Accounting Standards Board FASB rejected the Pennsylvania Institute of CPA’s (PICPA) request for a two-year extension of the lease accounting standard’s due date. The post FASB Votes Against Extending the Lease Accounting Standard Due Date appeared first on LSL CPAs.

accounting standards 52

accounting standards Pennsylvania Non-Profits Account 52

Going Concern

NOVEMBER 4, 2022

Mr. Kaiden is a certified public accountant and holds a B.A. in Professional Accounting from the University of Hartford and an M.B.A. from The Wharton School of Business at the University of Pennsylvania. Kaiden is a certified public accountant and holds a B.A. in Political Science from Hamilton College, an M.S.

Account 69

Account accountant accounted Pennsylvania 69

Going Concern

MAY 20, 2022

While business writers push endless streams of science fiction about robots taking jobs, technology has been quietly replacing intern busywork at public accounting firms for years. Enter the Pennsylvania Institute of Certified Public Accountants’ Annual Meeting coming up on June 1. For more information, visit www.picpa.org.

Pennsylvania 98

Pennsylvania cpas Technology CPA 98

Going Concern

APRIL 15, 2024

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. But what about the books of the auditor?

audit 61

audit Account accountant accounted 61

CPA Practice

APRIL 22, 2024

Although he wasn’t involved with payroll, he had check-signing authority over one bank account used solely to buy parts for the business. Now a district court in Pennsylvania has determined that he isn’t a responsible person (Powell, Civil Action No. But the manager wasn’t aware of the company’s failure to pay employment taxes on time.

payroll tax 52

payroll tax payroll Tax Pennsylvania 52

Going Concern

DECEMBER 27, 2022

If a PCAOB-registered accounting firm is a defendant or respondent in an administrative or disciplinary proceeding that was initiated by another regulator, that firm has to let the PCAOB know by filing Form 3, Special Report , within 30 days after the event. KCCW Accountancy Corp. – $20,000 civil money penalty and censure.

Utah 61

Utah Pennsylvania auditor audit 61

ThomsonReuters

SEPTEMBER 12, 2023

Therefore, it is important that accounting professionals are familiar with reciprocity states to simplify filing and reduce the tax burden for those commuting workers who can benefit from reciprocal agreements. Let’s say a client lives in Maryland but works in Pennsylvania. What is a reciprocal agreement between states?

Indiana 98

Indiana Montana Pennsylvania income tax 98

CPA Practice

APRIL 5, 2024

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. Pennsylvania $1,508,483 $532,077 35.3% Pennsylvania $1,508,483 $532,077 35.3% Connecticut $1,731,261 $855,307 49.4% New York $1,658,872 $748,199 45.1%

West Virginia 126

West Virginia Rhode Island South Dakota North Dakota 126

Going Concern

MAY 31, 2023

Coffey, CPA Consulting – Client Accounting Services (Dallas, Texas) Kevin Coonan , MBA Consulting – Healthcare Solutions (Chicago, Illinois) Matthew J. Damone , JD Tax – Transfer Pricing (Philadelphia, Pennsylvania) Bishesh Devkota , Consulting – Baker Tilly Digital (Washington, D.C.) Jonathan K. Jonathan K.

Wisconsin 52

Wisconsin Real Estate Pennsylvania Illinois 52

Going Concern

MARCH 7, 2023

A 55-year-old Philadelphia woman is being charged with ethnic intimidation and harassment — a hate crime under Pennsylvania law — after an unhinged, racist rant in a pizza shop brought on by Spanish language programming on the shop’s television. I’m not giving my money to some illegal immigrant. You’re in America.

CPA 82

CPA Pennsylvania cpas Hospitality 82

Accounting Today

SEPTEMBER 30, 2022

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Pennsylvania 74

Pennsylvania Account accountant accounted 74

TaxConnex

DECEMBER 13, 2022

billion in sales online, up 4% over last year and accounting for 16.7% Sales tax rules change all the time: Pennsylvania, for instance, just ruled on nexus for sellers with inventory in an Amazon warehouse. On Cyber Monday 2021, $10.7 billion was recorded in sales, a drop from 2020’s $10.8 trillion in the U.S. trillion last year.

Pennsylvania 130

Pennsylvania Sports Tax Sales 130

PANALITIX

SEPTEMBER 30, 2020

IN Accounting Businesses. Panalitix CEO Mark Ferris recently presented a webinar on Building a Sales Culture in accounting businesses. From a Stockholm-based firm: What about accountants without a “selling personality”… How do we help them sell and enjoy sales? . RESOURCES / ARTICLES. Building a Sales Culture. compliance).

Sales 100

Sales Account accountant accounted 100

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services. Contact us for professional tax help today.

North Carolina 147

North Carolina Oklahoma Ohio Tax 147

TaxConnex

AUGUST 18, 2022

Now, other tax developments may serve as the model for eventual physical sales tax nexus created by remote employees: For income tax purposes, residency can be based on where someone works, maintains bank accounts, maintains a driver’s license or votes, as well as by numerous other details of connection with a state or jurisdiction.

Sales 191

Sales Tax New Hampshire income tax 191

Going Concern

AUGUST 8, 2023

Edward Ketz, Associate Professor of Accounting at Penn State. In the first, he explains why he is quitting the American Accounting Association (AAA). ” The AAA chose not to publish it in Accounting Education News and so we are instead. .” Edward Ketz Written for Accounting Education News , not published.

auditor 71

auditor Account accountant accounted 71

TaxConnex

JANUARY 26, 2023

Gary Bingel, partner-in-charge for state and local taxes in accounting firm EisnerAmper’s State and Local Tax National Tax Group, made several predictions for 2023 in sales and other taxes. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Crystal ball time.

Sales 130

Sales Tax Arkansas Missouri 130

TaxConnex

JUNE 29, 2023

Government Accountability Office (GAO) reports that one business with some $40 million in gross receipts incurred a cost of almost $250,000 beyond taxes owed due to an error in software code. In the Northeast, for example, interest rate changes for 2023 include New York jumping from 8% to 11% and Pennsylvania from 3% to 7%.

Wisconsin 130

Wisconsin Pennsylvania Tax Sales 130

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services. Contact us for professional tax help today.

North Carolina 130

North Carolina Oklahoma Ohio Tax 130

PYMNTS

AUGUST 3, 2020

banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. We are thrilled to be collaborating with Google to offer our student customers enhanced digital bank accounts,” Luvleen Sidhu , BankMobile’s co-founder and CEO, said on Monday (Aug. Six additional U.S.

Account 95

Account accountant accounted Technology 95

TaxConnex

NOVEMBER 1, 2022

Even though the marketplace is collecting and remitting that tax, those sales need to be accounted for to determine whether a company has reached economic nexus thresholds and may need to collect and remit sales tax on their own website. (In In most states, these “gross receipts” can and usually do count toward economic nexus thresholds.)

Sales 130

Sales South Dakota South Carolina Illinois 130

CPA Practice

JULY 12, 2023

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting profession. in accounting. Wei is a member of the Accounting and Auditing, the Quality Control and Peer Review, and the SEC committees at the NYSSCPA. in accounting and economics, and his M.B.A.

Pennsylvania 52

Pennsylvania Maryland New York accounting and finance 52

CPA Practice

NOVEMBER 10, 2023

Top 50 accounting firm HBK CPAs & Consultants has combined with Zapken & Loeb, a Woodbury, NY-based 70-person CPA firm that provides accounting and business consulting services to business owners, executives, and independent professionals. The merger became official on Nov.

cpa firm 52

cpa firm New York CPA New Jersey 52

CPA Practice

DECEMBER 13, 2023

States in the northeast – including New Jersey, New York, Pennsylvania, Connecticut, Massachusetts, Rhode Island, and New Hampshire – overwhelmingly prefer babysitting as a side hustle. States with the least interest in finding a side hustle are Florida, Vermont, and Maine – all of which are on the East Coast.

Rhode Island 105

Rhode Island Oregon New Hampshire Vermont 105

CPA Practice

FEBRUARY 1, 2023

The New Jersey accounting firm SobelCo has joined CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the United States, effective February 1, 2023. “We CLA now has a team of more than 580 people across New Jersey, New York, and Pennsylvania.

New Jersey 98

New Jersey Pennsylvania New York cpa firm 98

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

CPA Practice

JULY 31, 2023

The American Institute of CPAs (AICPA) has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.

CPA 98

CPA cpas Montana Alabama 98

CPA Practice

SEPTEMBER 6, 2023

million reasons to ensure tax laws account for sales of NFTs and other new tech, crafting tax policies for NFTs is difficult. According to the Pennsylvania Department of Revenue , “NFTs have been subject to sales and use tax since the addition of digital goods in Act 84 of 2016.” That kind of money could turn any tax official’s head.

Washington 121

Washington Pennsylvania Technology Tax 121

Going Concern

FEBRUARY 1, 2023

Shout out to Allan Koltin, the prenuptial counselor of accounting firm marriages, who helped with the deal. News release : Today, CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the United States, announced that New Jersey-based SobelCo team members joined CLA on February 1, 2023.

New Jersey 78

New Jersey Pennsylvania New York cpa firm 78