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Accounting Professor Indicted on Fraud Charges Over Embezzlement Claims

CPA Practice

The charges identified Kroger as a professor of business and accounting, but does not specify where. According to the indictment, Kroger and a business partner identified only as “Individual A” set up a Wyoming-based company called Lone Star Municipal Finance Company LLC in October 2019.

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Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Check out this week’s top remote accounting candidates. Check out this week’s top remote accounting candidates. P.S. We’re off for Labor Day, hope you are too.

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5 States with the Lowest Combined Business Taxes

CPA Practice

Additionally, examine personal income tax rates and sales tax rates, as they can affect both your business revenue and personal finances — both of which can also impact your ability to attract and retain talent. The lowest taxes are based on averages because property tax is determined by local government, not by state government.

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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. Wyoming is dropping its transaction threshold as of July 1, 2024. Wyoming allows it but doesn’t require it. By Gail Cole. Online marketplace sales are expected to exceed $603 billion in the United States in 2027, or nearly 35% of all U.S.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

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. Movers and Shakers Jackson M. Day to the role of director of technical activities.

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Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief

PYMNTS

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Below is a roundup of some of the most recently announced measures. Fed Calls On Small Banks. Pennsylvania Offers State-Level Support.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Closer to home, in Wyoming, a bill has debuted in the state legislature to create a FinTech sandbox. Late last week, the U.S.

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