article thumbnail

Risks of Non-Compliance

TaxConnex

In 1997, SSVE requested an advisory opinion from the New York Department of Taxation and Finance on whether sales from its coin-operated air machines were exempt from sales tax. Montgomery, Alabama: Two convenience store operators have pleaded guilty to failing to pay sales taxes. An inconvenient truth.

Alabama 186
article thumbnail

New National Research on CPA Pipeline Challenges Underway

CPA Practice

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.

CPA 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23

Going Concern

The Big 4 Accounting firm announced the independent review following the tragic death of EY worker Aishwarya Venkatachalam, 27, who fell to her death from the 11th floor of the company’s Sydney office in August last year. Go forth and account. From FloQast : Six in ten (63%) U.K. From FloQast : Six in ten (63%) U.K.

article thumbnail

BBVA Teams With Google Pay To Offer Digital Bank Accounts

PYMNTS

BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. The Alabama-based bank holding company said the partnership is key to its strategy? with our digital offerings and use our expertise in finance, digital and innovation to help them improve their ?financial financial health?,”

Alabama 88
article thumbnail

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.

Tax 104
article thumbnail

Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And Escrow Exec

PYMNTS

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour's international trade finance network, while J.P. Alfa-Bank Signs Onto Contour International Trade Finance Network. Alfa-Bank has joined Contour's international trade finance network. CORO Global Brings Gold Payment App to Alabama.

Alabama 65
article thumbnail

Friday Footnotes: Accountants Are Into AI; KPMG Atlanta MP on ICE T; 150 Hour Inequity | 8.18.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting firm said it will challenge the finding. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday.

Account 98