article thumbnail

Special Report: 2025 Readers’ Choice Awards

CPA Practice

Jason Bramwell Payroll June 30, 2025  Half of Managers Use AI To Determine Who Gets Promoted and Fired 78% use AI to determine raises, 77% for promotions, 66% for layoffs, and 64% for terminations.

article thumbnail

Tax Fraud Blotter: Getting personal

Accounting Today

Hoover, Alabama: Chiropractor Gary Forrest Edwards has pleaded guilty to tax evasion and to obstructing the IRS. From the fourth quarter of 2018 through the fourth quarter of 2020, she collected and withheld taxes from her employees wages but did not pay the funds over to the IRS or file quarterly payroll tax returns. million.

Tax
Insiders

Sign Up for our Newsletter

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

article thumbnail

Tax Fraud Blotter: Who ya gonna call?

Accounting Today

Mobile, Alabama: Tax preparer Kenneshia Davis has been sentenced to a year and a day in prison for filing fraudulent returns. As part of the scheme, the contractors issued payroll checks for the workers wages to the shell companies. She also deducted a fee, typically some 6% of the payroll.

Tax
article thumbnail

Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24

Going Concern

Other accounting firms in the Top 10 Best Overall Internships are Texas-based Weaver, Alabama-based BMSS, and Wisconsin-based Wipfli. Late last year, Portland Public Schools hired the accounting firm BerryDunn to support its finance team amid the ongoing payroll problems.

article thumbnail

 Alabama Overtime Income Tax Exemption Set to Expire June 30, 2025

Dent Moses

Under current Alabama law, overtime compensation paid to nonexempt employees in accordance with the Fair Labor Standards Act (FLSA) is exempt from state income tax. Next Steps Effective July 1, 2025, employers will be required to resume withholding Alabama state income tax on overtime wages paid to nonexempt employees.

article thumbnail

Mastering U.S. Federal Payroll Compliance

CPA Practice

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication. Fill out the form below to access this resource.

article thumbnail

Alabama Overtime Tax Law: Tax Break for Employees, Required Reporting for Employers

Patriot Software

Understand the new Alabama overtime tax law that exempts employees' overtime earnings from state income tax. Get the details and reporting requirements for businesses. Read More