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Barry Melancon to Retire from AICPA

CPA Practice

Barry Melancon, CPA, CGMA, has announced that he will to retire on December 31, 2024, from his role as president and CEO of the American Institute of CPAs and CEO of the Association of International Certified Professional Accountants. Combined, the two organizations comprise the world’s largest membership of public and management accountants.

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Treasury Dept. Issues Report Card on Programs for Entrepreneurs and Small Businesses

CPA Practice

Earlier this year, Hope Federal Credit Union, based in Mississippi , made a $10,000 small business loan to a Black- and woman-owned organic, fresh-roasted coffee distribution business based in Louisiana to expand operations. In Wichita, Kansas, SSBCI helped fund WorkTorch – a pioneering career platform for service workers.

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Avalara Gives Update on Online Marketplace and Tax Changes in 2024

CPA Practice

By 2027, marketplaces may account for 59% of ecommerce globally. the New York State Department of Taxation and Finance) in most states, but in some home rule states, local governments may require remote businesses to register, remit, and file returns with the local tax administrator. By Gail Cole. But change takes time.

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IRS Budget Battle Far From Over After Debt Ceiling Pact

CPA Practice

But that hasn’t quenched Republicans’ desire to slash more IRS funds, setting up a familiar fight in the annual government funding process. “I John Cornyn, R-Texas, a member of the tax-writing Finance Committee, described the clawback plans as a “good down payment” toward rescinding the full $80 billion. Louisiana Sen.

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Friday Footnotes: RSM Layoffs; The Leader Who Cried On His First Day; Advisory Pays Better (Duh) | 5.5.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. EisnerAmper Digital is merging with Louisiana-based Postlethwaite & Netterville which has offices in Mississippi. The gap widens again at the upper levels. Pajamas forever!

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Friday Footnotes: Behemoth Big 4 Firms Get Behemothier; Audits Get Harder; Eliminate Clients! | 11.11.22

Going Concern

note: if you like accounting news, which you clearly do because you are reading this, we encourage you to sign up for our newsletter for even more accounting news. There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ].

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What employers should know about voluntary unemployment contributions for rate reductions

ThomsonReuters

And through the Social Security Act of 1935 (SSA), the federal government encouraged individual states to adopt unemployment insurance plans. Department of Labor explains that unemployment insurance is a federal-state program financed through federal and state employer payroll taxes. Virgin Islands.