PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S.

corporate accounting 68

corporate accounting Account accountant accounted 68

Going Concern

FEBRUARY 19, 2024

Deloitte said: “We are considering restructuring parts of our advisory corporate finance business. The article talks about the recent trend of PE investments in accounting firms and potential risks should the economy take a turn for the worse. Profit margins are lower than on big deals and the wider market has been very quiet.

auditor 59

auditor Account accountant accounted 59

Going Concern

SEPTEMBER 22, 2023

Miller was appointed vice president for finance in April 2020 and also serves as the university treasurer. Under his leadership, the Division of Finance has enhanced university business practices and transformed several financial and business information systems to improve customer service for faculty, staff, and students.

audit 95

audit accounting and finance Virginia auditor 95

CPA Practice

MAY 10, 2024

ICPAS will formally present awards to the following honorees at the Leadership Recognition & Awards Dinner in Chicago on June 13, 2024: Lifetime Achievement Award The Lifetime Achievement Award is the highest honor bestowed on a member who has demonstrated distinguished service to ICPAS and the accounting profession. Wolfe, Ltd.

CPA 64

CPA Illinois Kansas Oklahoma 64

CPA Practice

DECEMBER 19, 2023

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. In addition, incorporating, of course, establishes their legal separation from the business’s liabilities sooner, which protects their personal finances from the business’s debts.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

PYMNTS

JULY 3, 2020

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic. “The finance function, historically, hasn’t been managed in a remote working environment,” he said. ” Offering the Right Tools. .

accounts payable 85

accounts payable Account accountant accounted 85

Going Concern

FEBRUARY 2, 2024

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. But the challenges she is facing defy simplicity.

audit 115

audit Tax Texas Massachusetts 115

TaxConnex

FEBRUARY 3, 2022

In TaxConnex’s recent market survey , more than one in four (26.7%) top finance professionals reported seeing an increase in state sales tax audits in the past two years. California audits about 1% of active accounts each year, “concentrating on those most likely to be inaccurate in their tax reporting.” Are they happening more often?

audit 172

audit Sales Tax auditor 172

TaxConnex

DECEMBER 23, 2021

In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. If you and your company haven’t been hit with a sales tax audit yet, congrats.

audit 167

audit Sales Tax auditor 167

Cherry Bekaert

APRIL 26, 2023

CFPB Uncovers Illegal Junk Fees on Bank Accounts, Mortgages, and Student and Auto Loans The Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights that reports on unlawful junk fees uncovered in deposit accounts and in multiple loan servicing markets, including in mortgage, student and payday lending.

Massachusetts 69

Massachusetts Education accounting and finance Maryland 69

Snyder

OCTOBER 12, 2022

This article might be useful for those choosing their career path in accounting or aspiring to change jobs as well as for owners of businesses who are considering various accounting solutions for their business. Current situation in the accounting industry. Accounting solutions. Bookkeeper vs accountant.

bookkeeping 98

bookkeeping accounting clerk E-commerce auditor 98

inDinero Accounting

DECEMBER 5, 2023

The IRS defines a qualified trade or business as any field other than the following: Health Law Engineering Architecture Accounting Actuarial science Performing arts Consulting Athletics Financial services Brokerage services Farming Hotels Motels Restaurants Finally, businesses reliant on the reputation of an owner or employee, don’t qualify.

tax return 52

tax return Mississippi Wisconsin Tax 52

CPA Practice

JUNE 19, 2023

Roughly one in two people who work in finance would change jobs — or already have — if their managers required them to spend more time in the office, according to a Bloomberg Markets Live Pulse survey in early June.​ Two or three days remains the norm, accounting for roughly 90% of hybrid setups.

Iowa 115

Iowa Massachusetts Start-ups New York 115

PYMNTS

MARCH 26, 2020

In Massachusetts, community FI Eastern Bank announced a $10 million commitment aimed at facilitating aid to SMBs as well as consumers and nonprofits affected by the coronavirus. Challenger bank NorthOne revealed its own SMB coronavirus support initiative, announcing that it will waive all account fees for SMBs most affected.

Pennsylvania 69

Pennsylvania Wyoming Kansas Colorado 69

PYMNTS

NOVEMBER 20, 2020

Consumers were already shifting an increasing number of their account management activities to online sites and mobile apps. Starting in January, the bank will close 40 of its branch banking locations in the stores, more than half of which will be in Massachusetts.

Massachusetts 88

Massachusetts accounting and finance Construction Finance 88

PYMNTS

JUNE 27, 2019

At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. The creation of MainVest , Mathews explained, put the financing world to the test of being able to put these new rules into practice. Bureau of Labor Statistics.

Education 58

Education Non-Profits Oklahoma accounting and finance 58

CPA Practice

APRIL 13, 2023

Taxes on bonuses and investment income account for almost 20% of the state’s general fund, according to Lierman. Massachusetts, for example, is studying ways to use proceeds from a new tax on incomes over $1 million. At the same time, high-income Marylanders are making less in taxable bonuses.

Maryland 64

Maryland Virginia Alaska income tax 64

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

Massachusetts 103

Massachusetts accounting and finance Education Technology 103

Shay CPA

JUNE 7, 2023

Meet with your accountant to decide if it’s right for you. States that require employers to pay out the severed employees’ final paychecks immediately or by next-business-day include: California Colorado Connecticut Hawaii Massachusetts Minnesota (if the employee demands it) Missouri Montana Nevada Oregon Utah Washington, D.C.

payroll 52

payroll Montana Hawaii Utah 52

PYMNTS

MAY 13, 2020

million pieces of PPE for Brigham and Women’s Hospital, Massachusetts General Hospital and others. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4

Hospitality 81

Hospitality Healthcare B2B Massachusetts 81

PYMNTS

SEPTEMBER 4, 2017

But that’s exactly what is going on at a library in Danvers, Massachusetts. Complaints to the Consumer Finance Protection Bureau about bitcoin and other cryptocurrencies are increasing as the prices of both are on the rise. Paying via coins is all the rage these days, thanks to the skyrocketing price of bitcoin , but paying in Chuck E.

Massachusetts 41

Massachusetts accounting and finance Government Finance 41

Cherry Bekaert

NOVEMBER 28, 2023

The amendment adopts a new metrics-based approach to evaluating bank retail lending and community development financing, using benchmarks based on peer and demographic data. Under a 2010 federal law, large banks and credit unions must provide complete and accurate account information when requested by accountholders.

Real Estate 52

Real Estate accounting and finance Finance Hawaii 52

LyfeAccounting

JUNE 9, 2021

The only outlier is Massachusetts who has an LLC filing fee of $500. Like applying for your EIN, setting up your bank account, or even being your registered agent. Our expert accounting consultants will be happy to help! appeared first on Small Business Accounting & Finance Blog.

Rhode Island 52

Rhode Island Nebraska Iowa Nevada 52

PYMNTS

SEPTEMBER 22, 2017

consumer accounts were accessed by the hackers, as well as certain dispute documents with personal identifying information for approximately 182,000 U.S. She also questioned the overall regulatory framework for credit reporting agencies, which are not subject to the same levels of intense scrutiny as other consumer finance firms.

Massachusetts 46

Massachusetts New York accounting and finance Legal 46

Snyder

JUNE 9, 2022

States with flat income tax : Colorado Illinois Indiana Kentucky Massachusetts Michigan North Carolina Pennsylvania Utah. Step 1: Collect accounting records. The biggest challenge here is to reconcile this data with reports from your checking bank account. This is when online accounting tools can really help.

income tax 52

income tax tax return Tax E-commerce 52

CPA Practice

JULY 18, 2023

Massachusetts : Separately stated shipping and delivery charges are excluded from the sale price and generally exempt from Massachusetts sales and use tax if the charges are reasonable and delivery occurs after the purchase takes place. It’s a good rule of thumb.

Sales 98

Sales Retail Tax West Virginia 98

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

Washington 40

Washington Kansas accounting and finance Tennessee 40

PYMNTS

NOVEMBER 13, 2018

It is also observable on the micro-scale in the state of Massachusetts, where an attempt to get citizens to upgrade their drivers’ licenses to a verified “Real ID” by mid-2020 is generating very long lines and a lot of consumer friction in finding and producing the necessary documents.

Construction 73

Construction Government Massachusetts Start-ups 73

PYMNTS

JULY 13, 2018

In those days, women could not control bank accounts, own land, write wills or checks, or inherit property of their own except by special dispensation from a magistrate. In the Commonwealth of Massachusetts, women weren’t even legally allowed to own high-heel shoes for fear they would ensnare unwitting men into marriage on false pretenses.

Connecticut 44

Connecticut Massachusetts Legal Construction 44

ThomsonReuters

MARCH 15, 2021

Extends unemployment provisions until September 6, 2021 (includes federal pandemic unemployment compensation (FPUC at $300 per week) and other supplemental unemployment provisions, the temporary financing of short-time compensation programs and temporary assistance for states with federal unemployment advances. On March 11, 2021, the U.S.

payroll 98

payroll Connecticut Massachusetts income tax 98

PYMNTS

MARCH 12, 2016

Small business owners don’t expect to be the star of the show, but wherever we went — and we went to Vermont , New Hampshire , Massachusetts , Virginia , South Carolina and Georgia — we heard the same two things over and over again.

South Carolina 21

South Carolina New Hampshire Vermont Maine 21

PYMNTS

MARCH 23, 2018

Blockchain startup aXpire, which develops corporate spend management solutions, announced it raised $20 million as it looks to expand its product development into new markets beyond finance, including food and beverage, travel and leisure and transportation. India- and U.S.-based Data Management.

accounts payable 44

accounts payable B2B accounting and finance Virginia 44

PYMNTS

OCTOBER 24, 2016

million recently sold for $400,000 but couldn’t find a bank to finance it for that amount. They used to complain about being paid weekly, until Uber launched Instant Pay with GoBank — and now complain that it requires a separate account with GoBank to receive that benefit. Once upon a time, they’d be worth more than a billion dollars.

Transportation 76

Transportation New York Massachusetts accounting and finance 76

PYMNTS

JANUARY 2, 2017

The Digital Banking Tracker looks at how old ways of banking are evolving with the advent of faster technology that allows customers to get real-time updates on their accounts, share money with ease among contacts and even open accounts with a selfie. However, if you offer consumers the tools they want, they will use them.

Technology 49

Technology Retail accounting and finance Finance 49