ThomsonReuters

SEPTEMBER 19, 2023

With the recent start to the NFL season, sports wagering is a popular topic of conversation among football fans. Earlier this summer, Kentucky, North Carolina, and Vermont all enacted laws that legalize and tax sports wagering activities. The revenue share may not be less than 20 percent of adjusted gross sports wagering revenue.

Sports 52

Sports North Carolina Vermont Missouri 52

KROST

SEPTEMBER 15, 2023

The Sports & Entertainment Issue highlights some of the hot topics in the sports & entertainment industry including tax issues for athletes, estate & trust planning, Client Accounting Services, and more. The post KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

Entertainment 52

Entertainment Sports Tax Account 52

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Call our free confidential hotline – 07813003194 Alternatively, contact our team of experts below using the contact form [contact-form-7] The post UK tax considerations for E-sports earnings was written by Menzies Demi Fossitt and appeared first on Menzies LLP.

Sports 59

Sports Tax tax return chartered accountant 59

ThomsonReuters

APRIL 2, 2024

Jump to: The allegations The IRS investigation Ohtani’s response Implications for Ohtani and the Dodgers Broader impact on professional sports Uncovering the truth The Internal Revenue Service (IRS) launched an investigation into the financial scandal involving Shohei Ohtani, the star player for the Los Angeles Dodgers.

Gambling 105

Gambling Sports Legal Tax 105

Going Concern

FEBRUARY 2, 2023

There’s another article about the accountant shortage today and this time it’s in Insider. Kachelmeier has seen accounting majors decline between 20% to 40% over the past few years at his school and like many in the profession he believes that the key to fixing the shortage lies in pitching accounting to young people.

Account 104

Account accountant accounted Sports 104

MyIRSRelief

APRIL 3, 2023

That’s where an accountant (EA or CPA) can help. A Los Angeles, CA accountant can provide essential financial expertise and support to small business owners, helping them make informed decisions and manage their finances efficiently. Contact us today for all you tax and accounting needs.

Account 130

Account accountant accounted accounting and finance 130

CPA Practice

APRIL 25, 2024

PICPA received survey responses from 323 accounting professionals nationwide who have zero to 15 years of public accounting experience and have left their firm or profession within the past five years. Progress is being made, but accounting is a pay-laggard among most financial professions,” PICPA said in the report.

accounting firms 89

accounting firms Pennsylvania Account accountant 89

Anders CPA

OCTOBER 2, 2023

Louis Small Business Monthly’s Best Accountants list. The 2023 Small Business Monthly Best Accountants list features 27 local accountants voted the best in St. He also leads operations for the firm’s Sports, Arts & Entertainment Group, representing professional athletes, agents and advisors.

Tax 111

Tax Account accountant accounted 111

CPA Practice

APRIL 12, 2023

A talent shortage is affecting accounting firms across the demographic spectrum. Each year fewer accountants enter the profession while more CPAs near retirement. According to the Association of International Certified Professional Accountants, the number of U.S. Has the CPA license entered a death spiral?

Account 136

Account accountant accounted CPA 136

PYMNTS

JANUARY 8, 2019

Few things feel better than the rush of a winning streak — money bet on a football or baseball team, or a sporting event, that turns into a pile of dough after a victory or beating the spread. And now that trend has come to sports betting, which was recently legalized thanks to a May decision by the U.S. goes online. goes online.

Gambling 75

Gambling Sports Legal accounting and finance 75

Going Concern

AUGUST 22, 2023

Why is it every time mainstream media writes about accountants they just have to drag the stereotypes into it? Everyone, meet the world’s fastest accountant. I’ve had a lot of support from all the different accountant bodies,” he said. They’re like ‘yo, you’re putting accountants on the map’. Well, we know of some.

Account 98

Account accountant accounted Sports 98

PYMNTS

NOVEMBER 10, 2020

Gaming FinTech Mazooma has formed a partnership with FinTech data network Plaid to bring an instant transfer solution to the iGaming and sports betting industry, according to a Tuesday (Nov. ACH comprises about 35 percent of gaming industry payment volume, the release said, topping $150 billion for sports betting alone. .

Sports 55

Sports Gaming Georgia Legal 55

Going Concern

MARCH 21, 2023

Was ChatGPT sent to us from the future to rescue the industry from the pipeline crisis by filling open accounting jobs with cyborgs and sentient machines? Accounting is ridiculously rules-based: assets = liabilities plus equities; debits = credits; cash in > cash out, etc. It isn’t just another game, it’s a different sport.

Account 113

Account accountant accounted tax return 113

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. First, a review and update about the online sports gambling situation in the U.S. Now, at least eight states have some form of legal online sports betting.

Sports 67

Sports Gambling Legal New Jersey 67

PYMNTS

NOVEMBER 16, 2016

Dick’s Sporting Goods reported today that it netted sales of $1.81 ECommerce accounted for 9.6 billion during the same period in 2015, with 8 percent ($131 million) of the net coming from online purchases, the sporting goods retailer saw 10.2 The company currently operates 676 Dick’s Sporting Goods stores in the U.S.,

Sports 59

Sports Sales Retail Account 59

PYMNTS

FEBRUARY 5, 2019

5), details emerged about the success and failure of the new online sports betting regime in the U.S. Now the next major test for sports betting is about to unfold. At least eight states have some form of legal online sports betting, with more moving toward that goal. But it stands as the major U.S.

Sports 49

Sports Gambling Nevada Legal 49

Going Concern

SEPTEMBER 29, 2023

But experts say one thing that young professionals can do, including young accountants, is to be more patient. Let’s say they’re in public accounting, and they get assigned to an engagement with a manager or client they don’t particularly like,” asked Maginnis. “Or That can be a tough fight to win.

accounting careers 127

accounting careers Account accountant accounted 127

PYMNTS

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. How Swifter Sports Payments Keep the (Soccer) Ball Rolling. Elsewhere in the U.K.,

Sports 57

Sports Nebraska Gaming Account 57

PYMNTS

JANUARY 23, 2019

Now the operators of sports betting websites are wondering if the U.S. A new interpretation from the DOJ “now makes the Wire Act applicable to any form of gambling that crosses state lines, including online gambling and online lottery,” according to an account. But backers of online sports betting are understandably worried.

Sports 57

Sports Legal Gambling New Jersey 57

PYMNTS

MARCH 19, 2019

The NCAA men’s basketball tournament stands as the largest sporting event since the Feb. Supreme Court, which in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. That includes DraftKings , which operates a fantasy sports app.

Sports 50

Sports Legal Gambling New Jersey 50

PYMNTS

JANUARY 15, 2019

Fiserv , a global financial technology company, and Stack Sports, a sports tech leader, have teamed up to assist in youth sports payments and make them easier and more efficient, according to a release. Stack Sports will be using Fiserv’s digital payments SDK to allow payments from right inside the Stack Sports ecosystem.

Sports 43

Sports Technology Gaming Account 43

PYMNTS

FEBRUARY 28, 2019

The nearly $17 billion youth sports industry is facing a dwindling number of registered referees. The Michigan High School Athletic Association, for instance, reported 12,722 registered sports officials in the 2008 to 2009 academic year, and that total fell to only 9,816 in the 2017 to 2018 season. Speedy Disbursements.

Sports 43

Sports Gaming Michigan Technology 43

Going Concern

APRIL 21, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. But that might be the least of it: The outlook for EY’s business of charging for advice and accounting is getting weaker in the U.S. A failed breakup attempt cost the company $600 million.

Account 104

Account accountant accounted audit 104

CPA Practice

JUNE 6, 2023

Lara Abrash, CPA 2023 Most Powerful Women in Accounting Chair and Chief Executive Officer Deloitte & Touche LLP, US How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession is at a pivotal moment. Our strategy is rooted in data and feedback from our people.

CPA 52

CPA Account accountant accounted 52

PYMNTS

NOVEMBER 1, 2017

Whether they’re diehard fanatics sure to catch every play, or fair-weather followers with varying levels of interest, sports fans are increasingly splitting their loyalties between real world, hometown teams and teams of their own creation. The FSTA also reported the number of people participating in fantasy sports grew from 41.5

Sports 40

Sports Gaming Gambling Entertainment 40

PYMNTS

APRIL 22, 2019

The online fantasy sports-betting space is growing strong. That means thwarting money laundering efforts, would-be underaged users and anyone attempting to use someone else’s account information. Find the full account in the Tracker. How DraftKings Keeps Fraud Out of Fantasy S ports. About the Tracker.

Sports 57

Sports Gambling Gaming Technology 57

PYMNTS

AUGUST 12, 2019

Business email compromise has come to high school sports. The scheme apparently unfolded the way many BEC scams do — with a fraudster posing as a legitimate vendor, and where payments had been wired into scammers’ bank accounts. percent of an enterprise’s non-payroll business spend is accounts-payable based and 3.7

Sports 59

Sports Real Estate accounts payable audit 59

Xero

MARCH 7, 2023

Our research found that recruitment is one of the main challenges facing accountants at the moment, so we’re shining a light on some amazing accountants to bust misconceptions around the industry. They tell us more about their roles, their hobbies, and why accounting is such a fantastic industry.

Account 84

Account accountant accounted tax return 84

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Part of the impetus comes from the fact that sports betting is legal in 19 states, though mobile betting is only allowed in 13 of them.

Sports 43

Sports Gambling Gaming Government 43

PYMNTS

JANUARY 12, 2017

But professional sports organizations can act similarly. That is, professional sports organizations can act as corporate role models to other organizations, at least when it comes to their B2B payments practices, said Max Eliscu, CEO of B2B payments and invoicing firm Viewpost.

Sports 44

Sports B2B Entertainment accounting and finance 44

CPA Practice

FEBRUARY 9, 2024

CLA will be located near the e-sports space and the Longship at Viking Lakes co-working area and the Viking Lakes Innovation Center. The company—the nation’s eighth largest accounting firm with more than 130 offices around the U.S.—has Viking Lakes campus in Eagan, MN.

Minnesota 116

Minnesota Sports accounting firms Account 116

CPA Practice

JUNE 6, 2023

Elizabeth Pittelkow Kittner, CPA.CITP, CGMA, DTM 2023 Most Powerful Women in Accounting VP of Finance & Human Resources International Legal Technology Association How do you envision the accounting profession evolving in the foreseeable future for women? Accounting is one of the best professions in the world!

Account 52

Account accountant accounted accounting and finance 52

Going Concern

NOVEMBER 6, 2023

public-sector consulting business of Big Four accounting firm PricewaterhouseCoopers for an undisclosed price and rebranded it as Guidehouse. The proposal comes as the Big Four accounting firm continues to work to untangle the mess left by its decision in April to scrap plans to split auditing and consulting into two different firms.

audit 108

audit Account accountant accounted 108

CPA Practice

MARCH 26, 2024

The IRS is investigating the recently fired interpreter for Los Angeles Dodgers star Shohei Ohtani after he was implicated in a scandal involving illegal sports gambling and significant financial theft from his longtime friend. According to ESPN, the firing was triggered amid questions surrounding at least $4.5

Gambling 69

Gambling Sports California Legal 69

CPA Practice

MARCH 22, 2024

The IRS is investigating the recently fired interpreter for Los Angeles Dodgers star Shohei Ohtani after he was implicated in a scandal involving illegal sports gambling and significant financial theft from his longtime friend. According to ESPN, the firing was triggered amid questions surrounding at least $4.5

Gambling 69

Gambling Sports California Legal 69

Going Concern

MARCH 11, 2024

We’ll be doing an article shortly, in the meantime here are some quotes from INSIDE Public Accounting : Bob Cedergren, MNCPA board chair added, “I can tell you from my own experience, through conversations with colleagues throughout the country and the members of the MNCPA, that we have a significant shortage of CPAs.

audit 62

audit Minnesota Account accountant 62

KROST

FEBRUARY 23, 2022

Did you know that we provide Client Accounting Services (CAS)? CAS can be a cost-effective way to have high-level financial reporting without having to hire a team of Certified Public Accountants and accounting professionals. At its core, CAS is a shift from traditional compliance-based accounting to a 360-advisory mindset.

Account 52

Account accountant accounted Entertainment 52