Going Concern

MARCH 25, 2022

Don’t feel bad, MY job ranked #3 most exciting and I assure you it absolutely is not, I write about accounting after all. “I The indictment alleges that Louis served as a “ghost preparer,” meaning that he prepared tax returns for compensation but failed to sign or otherwise declare the tax returns he prepared for other individuals.

tax return 52

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Going Concern

MARCH 4, 2022

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

audit Kansas auditor bookkeeping jobs 71

ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . Auditing makes certain that companies represent their financial positioning fairly and accurately, and in accordance with accounting standards. .

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audit auditor Account accountant 59

Cherry Bekaert

JUNE 9, 2023

These activities and related accounting and tax questions are complicated, so companies engaged in various arrangements must have department leaders that are well versed in the proper accounting treatment, and tax implications and exposures created by their activities, as well as the related recordkeeping obligations to support U.S.

Account 98

Account accountant accounted accounting and finance 98

Withum

OCTOBER 11, 2023

Even though the Notice only provides a short window to adjust a 2022 tax return, it could be worth the time and effort if the cash tax savings are significant. However, a taxpayer can apply the rules provided in the Notice if they rely on all the rules and apply them consistently.

income tax 80

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Accounting Seed

JANUARY 4, 2023

Even in the 21st century, it’s still possible to do your bookkeeping with paper spreadsheets or account books. If manual accounting works for you, nobody can force you to change. Accounting standards are the same whether you use ledgers or laptops. What is Automated Accounting?

Account 52

Account accountant accounted bookkeeping 52

Going Concern

NOVEMBER 18, 2022

A superseding indictment was returned by a federal grand jury in Dallas today charging a Texas lawyer and three co-conspirators with wire fraud, conspiracy to commit wire fraud, helping their clients file false tax returns, and conspiracy to defraud the United States, all based on an illegal tax shelter they promoted and helped implement.

Technology 82

Technology audit auditor accounting and finance 82

CPA Practice

JULY 27, 2023

Here are some of them: Tax Preparation and Filing : This is often the most time-consuming task in an accounting firm, especially during the tax season. It involves collecting and organizing client data, analyzing it to ensure compliance with tax laws, preparing tax returns, and filing them on behalf of clients.

Technology 98

Technology audit Education accounting and finance 98

Nancy McClelland, LLC

MARCH 6, 2022

Tax Update April 28, 2022 | 11:00 AM EST FREE NSAC Members | $56 Non-Members CPE: 1 Credit Hour This session will bring attendees the latest and up-to-date tax law changes and new tax return reporting items. Additionally, the CLN will explore any anticipated future tax law changes.

Agriculture 52

Agriculture Account accountant accounted 52

Ryan Lazanis

APRIL 18, 2023

Here’s chatCPA , a bot trained by CPAs that you can chat with for only $6/month: That being said: Advanced technologies like AI can assist and improve the work of accountants, but they cannot entirely replace them because of their inability to perform essential human skills such as judgment, communication, and critical thinking.

Account 96

Account accountant accounted Technology 96

Withum

FEBRUARY 1, 2023

LIFO The Last-In First-Out inventory method is a common inventory valuation method used by many dealerships that can help taxpayers lower their income tax for a period of time. In order to use the LIFO method, a taxpayer must file Form 970 with their tax return to make the election.

accounting and finance 52

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DMCL

APRIL 11, 2022

The tax credit rates are 60% for eligible capture equipment used in a direct air capture project, 50% for all other eligible capture equipment and 37.5% for eligible transportation storage and use equipment with lower tax credit rates applicable from 2031 to 2040. Introduction of the Critical Mineral Exploration Tax Credit (CMETC).

Non-Profits 52

Non-Profits Real Estate Tax Construction 52

Going Concern

JANUARY 20, 2023

ESG Companies parachute accountants in to fix flawed ESG data [ Financial Times ] Accountants and auditors are muscling in on the preparation of climate data amid concern that companies are still far from ready for disclosure rules being drawn up by regulators around the world.

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Going Concern

AUGUST 5, 2022

Meet the accountants who may become the new power brokers of taxes. [ needs full access to Chinese company audit papers to resolve accounting dispute -watchdog [ Reuters ] The U.S. The revolution will not be televised, it will be in Reddit text posts : The I.R.S. New York Times ] Charles P.

Account 98

Account accountant accounted audit 98

Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

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Going Concern

JANUARY 13, 2023

Munter will continue to lead the Office of the Chief Accountant (OCA) and serve as the principal advisor to the Commission on accounting and auditing matters. More than 168 million individual tax returns are expected to be filed, with the vast majority of those coming before the April 18 tax deadline.

audit 102

audit Account accountant accounted 102

Going Concern

DECEMBER 2, 2022

Choi Jin Hyuk has reportedly been offered the role of a senior manager at the firm who has been working as an accountant for 12 years. FASB takes step toward clarifying lease accounting [ CFO Dive ]. Former CEO Of Iconix Brand Group Convicted At Trial Of Accounting Fraud [ Department of Justice ]. director James B.

public accounting 97

public accounting audit Account accountant 97

Going Concern

DECEMBER 23, 2022

Trump tax controversy fuels passage of presidential audits bill [ POLITICO ]. Bit of a long read but interesting nonetheless: When Congress’ Joint Committee on Taxation investigated the IRS audits of Donald Trump’s taxes, an agent’s note on Trump’s 2017 filings stood out.

Tax 89

Tax auditor audit tax return 89