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Joshua Roberts/Bloomberg The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7. Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement. All rights reserved.
Blog home The NewYork Fashion Workers Act , set to take effect on June 19, 2025 , introduces significant changes to the fashion industry, particularly for Model Management Companies (MMCs) and their clients. “But it is not clear whether any other state has equivalent regulatory standards today,” Lopez said.
Withum is proud to announce that Nadia-Maria Matthie has been awarded the Ronald Benjamin National Achievement in Public Accounting Award at the 2025 National Association of Black Accountants (NABA) Awards Gala. She is passionate about progressing the next generation of accounting professionals.
The board of directors of the Association of International Certified Professional Accountants has appointed Mark Koziel, CPA, CGMA, as the organization’s next CEO. He began working in the profession at a large accounting firm, Lumsden McCormick, based in Buffalo, NewYork.
The company demonstrated the products at an event in NewYork this week. The AI agents include: Accounting Agent: Automates bookkeeping and transaction categorization, and helps with reconciliation of the books. All rights reserved. The AI agents will also work alongside human experts at Intuit to give businesses extra support.
Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants.
Jason Bramwell Top 20 accounting firm Armanino has expanded its managed service offerings by joining forces with Strategic Accounting Outsourced Solutions, a specialized outsourced accounting firm. Financial terms of the deal weren’t disclosed. Founded in 2012 and recognized on the Inc.
He also has more than 25 years of public accounting experience in the Columbus area. His executive leadership experience, coupled with his extensive experience in public accounting, further enhances Schneider Downs’ ability to provide highest-level consulting and guidance to its roster of clients. Walker earned a B.S.
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 AccountingNews Brief by default. billion in 2024 and could reach $2.36 billion by 2031. billion in 2024 and could reach $2.36
Fintech company Rho has introduced the Rho Partner Portal, a version of Rho designed for its accountant partners. In one central platform, accountants can quickly onboard new clients, manage their cash and spend, and easily provision permissions across staff. “The
For startups in NewYork City, offering a 401(k) or other retirement savings plan is not only a smart move for attracting and retaining talentit may also be required by law. If you’re a startup founder or small business owner with fewer than 10 employees, you might be wondering: Do these rules apply to me?
Over the last 20 years of being an accountant, I’ve opened my fair share of mail to find tax notices so daunting they could wake you in cold sweat. Founders and finance teams often tell me these notices cause sleepless nights. NewYork State Unemployment Tax Glitch Not every notice is user error.
Surett earned a bachelor’s degree in accounting from Siena College in Loudonville, NY, and an MBA in finance from the State University of NewYork at Albany. Leslie Jordan is a finance operations and practice management leader based in Kansas City, with a career at the firm spanning more than 35 years.
SmartVault plans release of AI document management solution Document management Sutthiphong - stock.adobe.com Document management solutions provider SmartVault announced the upcoming release of SmartRequestAI, a new tool designed to transform the way firms collect client information and documents during tax season. All rights reserved.
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 AccountingNews Brief by default. Otieno worked for the NewYork state comptroller. percent to 48.4
However, the cap enacted in the Tax Cuts and Jobs Act (TCJA) of 2017 has significantly impacted taxpayers who itemize their deductions, particularly those living in high-tax states like California, NewYork, and New Jersey. Now, the cap restricts the total deduction to $10,000, irrespective of the actual taxes paid.
From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.
Thanks to the person on r/accounting who recommended it. IGN reviews The Accountant 2. The TLDR: “Theres less bean counting in The Accountant 2, but far more blood and bullets.” Chris Kuwitzky, CFO at the University of Oklahoma for more than 30 years until 2018, has been named finance chief of OSU.
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 AccountingNews Brief by default. Firm Watch Accountancy firm BDO fined €1.3 BDO is going to appeal the decision.
EDT 2 Min Read Facebook Twitter LinkedIn Email Armanino, a Top 25 Firm based in San Ramon, California, has added Strategic Accounting Outsourced Solutions , extending Armaninos outsourcing capabilities, particularly in the nonprofit and family office sectors. All rights reserved. Financial terms of the deal were not disclosed.
Here’s how to spot tax scams, why our firm is your trusted partner, and practical steps to safeguard your finances. The consequences can be severe: stolen identities, drained bank accounts, or unresolved tax liabilities that accrue penalties. Let’s protect your finances and achieve peace of mind together.
If youre a tech founder in a city like NewYork, theres a good chance youve come across a quasi-governmental entity known as an Economic Development Corporation (EDC). The NewYork City Economic Development Corporation (NYCEDC) is one of the most prominent examples, but youll find similar organizations in cities across the globe.
ARIZONA The Association for Accounting Marketing Hall of Fame celebrated the 35th anniversary of the annual AAM Summit in Phoenix May 12-14. CALIFORNIA Janet Shepard Janet Shepard was hired as a business management partner and co-leader of the client accounting services practice at HCVT, Irvine. All rights reserved.
Dan Hood (00:02): Welcome to On the Air with Accounting Today; Im editor-in-chief Dan Hood. I dont think most accountants, even the most ambitious would see that as happening. All rights reserved. Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors.
Trifilo worked in compliance for several large accounting and finance firms and recently was managing director at a tax firm where he specialized in transaction structuring and advisory service, tax compliance and tax due diligence. million bank-financed loan to purchase a home in D.C. All rights reserved.
EDT 3 Min Read Facebook Twitter LinkedIn Email Sax, a Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, a private equity firm with offices in Brussels and NewYork, the latest firm to receive a PE investment. All rights reserved.
The Senate Finance Committee released its markup of the One Big Beautiful Bill last Tuesday, June 17, 2025, with the expectation that the Senate will vote on the bill sometime this week. Current law applies this phase-out when taxable income exceeds $100,000 for married filing joint taxpayers ($50,000 for all others).
Sole owner of Zion Outfitter, an outdoor retailer in Springdale, Utah, he handled the company finances and provided CPAs with information and records to prepare tax forms to submit to the IRS. All rights reserved. From 2017 to 2022, Heaton, who pleaded guilty in February, underreported his income to the IRS. million in income tax.
Accounting practice management software provider Karbon announced its new Practice Intelligence product, an agentic AI-driven solution thats the next evolution of its Practice Management platform. All rights reserved. Karbon Practice Management evolves into Practice Intelligence product Karbon accepts Talent Visionary Award.
CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan.
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 AccountingNews Brief by default. Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S.
GEORGIA NABA president and CEO Guylaine Saint Juste (left) and Bennett Thrasher partner Durran Dunn RTW Photography Bennett Thrasher, Atlanta, announced its philanthropic arm, the Bennett Thrasher Foundation, made an investment in the National Association of Black Accountants. All rights reserved. Read the full story.)
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 AccountingNews Brief by default.
As enterprise sales leader, Reimann leads a team of business developers, account managers and strategic business relationship leaders that generate more than $1B in revenues annually for RSM. She is a certified public accountant with more than 23 years of experience in the industry.
Check box on Tax Return – Address Change Inform your accountant to check the ‘Address Box’ change when submitting your business tax returns with the IRS and State authorities. NewYork Department of State for NewYork businesses ). That’s where professional support can make a significant difference.
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 AccountingNews Brief by default. Here are this week’s top remote accounting candidates for your browsing pleasure.
Conference activities centered around small business practices, advisory services, professional tax services, and accounting firm management will be held from October 28-30. Under his leadership, Intuit has transformed from a tax and accounting platform to the global financial technology platform.
Dan Hood (00:03): Welcome to On the Air with Accounting Today. Here to talk about all that as well as some other developments that accountants should be paying attention to is Neil Fishman of Fishman Associates and the president of the National Association of CPA Practitioners, as well as a return guest to the podcast.
Several leaders of the 2025 Fastest-Growing Firms being honored at Accounting Todays Firm Growth Forum Jesse Sutton KNAV has a similar laser focus, but on the Atlanta-based firms global clientele. "We Citrin Cooperman has also stuck to whats long worked for the NewYork City-based Top 100 Firm. All rights reserved.
Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. All rights reserved. All businesses that do research are happy — weve been waiting for this for years."
NewYork Times said yesterday “ Republicans Want to Make the Trump Tax Cuts Last Forever.” billion accounting error in South Carolina’s finances. billion accounting issue on the states books for years, but no one tried to fix it or figure out the origins of the listing. They’re lobbying.
The proposal to eliminate the independent Public Company Accounting Oversight Board was published late on Friday by the leadership of the House Committee on Financial Services, for inclusion in the giant tax and spending bill being considered by Congress. ” Authors Walied Keshk, PhD, CPA and Edward J.
Tax Vox ( [link] ): How the Senate bill is even more regressive than the Finance Panels version. All rights reserved. Get yourself ready Institute on Taxation and Economic Policy ( [link] ): How much do the top 1% in each state get from the Senate tax bill? Virginia – U.S. Tax Talk: ( [link] ): Buh-bye, "Revenge Tax."
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 AccountingNews Brief by default. Moving forward, the NewYork team will continue to serve its business and tax clients.
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