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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

NYSSCPA CEO Calvin Harris, CPA said in a column for CPA Journal : But the winds of change have long been upon us. This is part of why New York Governor Kathy Hochul’s recent signing of “non-CPA ownership” into law is such a big deal. More on the New York non-CPA ownership bill. Let’s read a little bit.

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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

Here’s some news from the AICPA via CPA Journal : Firms had a strong fiscal 2022, but number of accounting majors drops sharply. We’re also seeing strong revenue growth in service areas beyond traditional tax and audit areas, such as client advisory services and business valuation. In Sanders v. Comm’r, 160 T.C.

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Friday Footnotes: KPMG Client’s Spectacular Failure; PwC Gets Defensive; Kids Doing Taxes | 3.10.23

Going Concern

Tax These Philadelphia high school students can do your taxes as well as any CPA — for free [ KYW Newsradio ] Students in the VITA program gain skills that can bolster their resumes, said Denise Magasich, a business and finance programs specialist from the school district’s career and technical education office.

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Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23

Going Concern

In an article titled “Interactive Auditor-Client Negotiations: The Effects of the Accumulating Nature and Direction of Audit Differences” a team of researchers further examined what happens during these discussions and how the negotiations can affect the magnitude of audit adjustments made to financial statements.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

The CONNECT event, held every five years since 2003, allows GCAS employees to stay current with the trends and best practices of the accounting and auditing industry, with intentional application to the needs of the Seventh-day Adventist Church. The event also allows networking and team-building opportunities for GCAS professionals.

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Sales Tax Issues for Online Retailers

Withum

Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax. Let’s Talk.

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The 10 Trickiest States for Sales Tax Filing

CPA Practice

Two others have the dubious distinction of getting honorable mention: Alabama and Kansas. For others, we only handle filing in troublesome states that use up the most time and create the most audit risk. To illustrate the knottiness, here are some examples. Avalara Returns files more than 1 million returns annually.

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