article thumbnail

Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

Check out this week’s top remote accountants to browse the goods and sign up for Always-On Recruiting to gain full, free access to a pool of highly skilled and experienced remote accountants ready to join your team at no up-front cost. Tesla Korea was subjected to 25.1 His longtime CPA suddenly stopped answering his calls.

CPA 101
article thumbnail

What’s Hot on Checkpoint for Federal & State Tax Professionals?

ThomsonReuters

In this edition, we take a look at the recently enacted corporate alternative (book) minimum tax; new elections to convert credits to cash or tax payments; changes to the electric vehicle credit; recent legislation in Kansas, Kentucky, and Missouri; and state taxation of forgiven student loans.

Kansas 64
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Friday Footnotes: Deloitte’s Naughty Workpapers; Audit Reform Critics; Clients Getting Dropped Like Mics | 3.4.22

Going Concern

in Tax Season ‘Chaos’ [ New York Times ] At the Internal Revenue Service’s sprawling Kansas City, Mo., processing center, teams of clerks earning $15 per hour work through the night, trying to help the agency clear a backlog of more than 20 million tax returns that are a year overdue. Decades of Neglect Leave I.R.S.

audit 71
article thumbnail

Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

But tax records show the now suspended Overland Park Police Officers Foundation, the charity for the Fraternal Order of Police, paid an Arizona marketing firm roughly three out of every four dollars that company raised for the Foundation. I mean, those are questions that need to be asked,” he said.

audit 62