Accounting Today

AUGUST 1, 2025

MASSACHUSETTS Rebecca Palma, manager in the audit department, and Tiago Gomes, senior staff accountant, at Gray, Gray & Gray, Canton, were elected to the Bentley University Emerging Leaders Advisory Board. Stephens Convention Center in Rosemont Aug. 20-21, 2025, with a pre-conference Quality Management Workshop Aug. Read the full story.)

Technology

Going Concern

JANUARY 15, 2025

We have been studying the Arizona structure for years and are excited by the opportunity it presents to us, said tax partner Tom Greenaway to the committee according to Financial Times. He was careful to mention that legal services would not be sold to audit clients because apparently we’re still doing independence (whew).

Arizona

Going Concern

APRIL 11, 2025

The rule change that could blow open US law [ Financial Times ] Large accounting firms have long coveted the legal fees that lawyers in California and elsewhere receive for serving their best clients, the general counsels of 10 large law firms noted in a tetchy public letter arguing against liberalisation in Arizonas neighbour in 2019.

audit

Going Concern

JANUARY 31, 2025

EYs own experience with AI provides important lessons [ Federal News Network ] Audit DWS names EY as auditor despite funds suing firm over Wirecard scandal [ Financial Times ] Deutsche Banks asset manager DWS has named EY as its new group auditor despite taking the accounting firm to court for its involvement in the Wirecard scandal.

cpa firm

Going Concern

JUNE 23, 2025

In a statement dated April 28 , AICPA President and CEO Mark Koziel, CPA, CGMA, said the organization supports “healthy oversight of accounting firms that audit listed companies” and is “committed to supporting the drivers of audit quality needed to keep the investing public safe and provide confidence in our capital markets.”

accounted

Accounting Today

JULY 10, 2025

The study examines whether audit partner individualism reduces earnings comparability in the United States and argues that individualistic audit partners are more likely to deviate from internal working rules and allow clients more flexibility in making accounting choices, thus decreasing their clients earnings comparability.

auditor

Going Concern

FEBRUARY 14, 2025

Audit Businesses will pay the price for poor auditing practices, says think-tank director [ Raconteur ] Adam Leaver is an accounting professor at The University of Sheffield and director of the Audit Reform Lab think-tank. Shoddy audit practices can wreak havoc on the economy, he says.

Arizona

CPA Practice

JULY 31, 2025

But opting out could mean turning down federal dollars—education money that states with budding or robust private school voucher infrastructures, such as Arizona and Florida, will gladly take. Some states, like Florida and Arizona, already have extensive tax credit scholarship systems.

Arizona

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll

TaxConnex

FEBRUARY 3, 2022

So has the sales tax audit. Examiners can still show up and go over your books in person, and tax agencies will still send audit notices via snail mail. Many events can ignite a sales tax audit. But have sales tax audits changed over the last few years, through the pandemic and the introduction of economic nexus in 2018?

audit

CPA Practice

SEPTEMBER 13, 2023

Celebrating its 100 th birthday in 2023, the Arizona Society of CPAs works to create opportunities for its members, while working to promote the interests of Arizona CPAs with governments and regulatory agencies and organizations. We represent the voice of the CPA profession at the Arizona Capitol,” says Yandle.

Arizona

MyIRSRelief

JULY 3, 2023

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

audit

MyIRSRelief

AUGUST 2, 2024

This dichotomy creates a complex tax landscape for cannabis businesses, particularly concerning compliance, audits, and the infamous Section 280E of the Internal Revenue Code (IRC). Navigating Audit s IRS Audits The IRS has made it clear that cannabis businesses are a priority for audits. to 8.6%.

audit

TaxConnex

DECEMBER 5, 2023

In recent years IHRSA lent its voice to prevent imposition of sales taxes on health club memberships in Maine, Pennsylvania, West Virginia, Wyoming, Georgia and Arizona. South Carolina recently audited three years of retail bookstore Books-A-Million’s records and discovered that no sales tax charged on Millionaire’s Club $25 memberships.

South Carolina

TaxConnex

JUNE 21, 2022

Companies also wondered if they were collecting and remitting the correct sales tax – and if they were at risk for audit. California had sent letters to Amazon sellers saying that they may owe years of uncollected sales taxes and be facing audits. When would states intensify audits? More states promised similar actions.

South Dakota

TaxConnex

DECEMBER 28, 2023

Weaker state revenue The kind of year it’s going to be for state coffers could greatly influence such future sales tax trends as new levies, tougher nexus thresholds and intensifying audits. If so, watch out for 2024. Colorado also now has a task force charged with simplifying its sales tax system – a special challenge in a home rule state.

Sales

CPA Practice

MARCH 26, 2024

Celebrating its 100 th birthday in 2023, the Arizona Society of CPAs works to create opportunities for its members, while working to promote the interests of Arizona CPAs with governments and regulatory agencies and organizations. We represent the voice of the CPA profession at the Arizona Capitol,” says Yandle.

Arizona

CPA Practice

JANUARY 21, 2025

A handful of home rule states Colorado, Alabama, Louisiana, Arizona, and Alaska are making moves toward simplification. Still, businesses selling into home rule states continue to face an onerous tax compliance burden.

Alaska

CPA Practice

NOVEMBER 14, 2023

Founded in 1983, Jeong Lizardi is an accounting and business advisory services firm that offers tax planning and tax preparation services, full accounting and auditing services, and business management and advisory services to individuals, as well as family owned businesses and large business entities with multiple locations. businesses.

Arizona

CPA Practice

SEPTEMBER 23, 2024

Top 200 accounting firm REDW Advisors & CPAs has expanded its presence in Arizona after acquiring Hatcher Financial, a Phoenix-based firm that specializes in wealth management, accounting, and tax planning services. Financial terms of the deal weren’t disclosed.

Arizona

CPA Practice

MARCH 25, 2024

Celebrating its 100 th birthday in 2023, the Arizona Society of CPAs works to create opportunities for its members, while working to promote the interests of Arizona CPAs with governments and regulatory agencies and organizations. We represent the voice of the CPA profession at the Arizona Capitol,” says Yandle.

Arizona

CPA Practice

APRIL 26, 2023

FORVIS has expanded its nonprofit advisory services practice to the Arizona market with the addition of Pete Finley. Finley has more than 25 years of experience in tax, audit, and nonprofit executive leadership. The firm is excited to now provide these advisory services to nonprofit organizations in the dynamic Arizona market.”

Arizona

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina

CPA Practice

FEBRUARY 22, 2024

By Howard Fischer, The Arizona Daily Star, Tucson, Ariz. And that, in turn, puts Arizona taxpayers in the position of not reporting the rebate—something that could provoke a deficiency letter from the IRS, if not an audit—or reporting the income, paying the tax and then having to file an amended return if Mayes wins the case.

Arizona

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina

TaxConnex

SEPTEMBER 7, 2023

In Arizona , for instance, sales to nonprofits are generally not exempt but retail sales usually are. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. But as always with sales tax, rules vary state to state.

Sales

Going Concern

SEPTEMBER 18, 2023

The hiring will be for higher-graded revenue agents, which are specialized technical positions that generally focus on audits. This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations.

audit

Going Concern

JANUARY 19, 2024

The financier accused Disney/Fox of self-dealing with FX, Hulu and Disney+, said its revenue began to shrink and that an audit it commissioned showed breaches of contract. The demand for reporting to better understand a company’s performance and related risks is being coupled to technology to accelerate change in the audit profession.

Arizona

PYMNTS

NOVEMBER 3, 2020

With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin. App users can trade in U.S.

Alabama

Going Concern

NOVEMBER 4, 2022

KPMG LLP and former audit principal withdraw request for review of DFSA fines [ The National ]. KPMG LLP and its former audit principal Milind Navalkar have withdrawn their request for a review by the Financial Markets Tribunal against the Dubai Financial Services Authority’s decision to impose financial penalties on them.

audit

PYMNTS

DECEMBER 15, 2020

More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas. 31, 2019, and the gross assets in its audited balance sheet were $197 million as of Dec. 31, 2019, according to the announcement.

Sports

CPA Practice

MAY 18, 2023

Jason Hipp (California), a graduate of The University of Arizona with a Bachelor of Science in accounting and a Master of Business Administration from The University of Oklahoma, is a retiring Surface Warfare Officer in San Diego, CA transitioning into a career in accounting.

CPA

Going Concern

JUNE 3, 2022

KPMG to scale back audit clients to boost standards [ Accountancy Today ] KPMG will reportedly scale back its audit operation in a bid to focus on improving standards as the firm has been hit by a series of fines over its audit failings in recent years, according to the Sunday Times.

audit

Going Concern

JANUARY 30, 2024

Without bothering to search our archive of 16,000+ posts published since 2009, it’s a safe guess that we’ve never written about (revenue >$5 million) of Scottsdale, Arizona. But we are today! You can also visit www.irs.gov/uac/Taxpayer-Guide-to-Identity-Theft for more information.

accounting firms

TaxConnex

DECEMBER 1, 2022

An Arizona business challenging Louisiana’s remote seller sales tax structure is appealing to the U.S. The plaintiffs have reportedly said that Louisiana’s patchwork sales tax compliance system is a labyrinth filled with audit traps and now say the case belongs in federal court because Wayfair was ultimately decided in the U.S.

Sales

CPA Practice

JUNE 1, 2023

Jason Hipp (California), a graduate of The University of Arizona with a Bachelor of Science in accounting and a Master of Business Administration from The University of Oklahoma, is a retiring Surface Warfare Officer in San Diego, CA transitioning into a career in accounting.

institute of chartered accountants

Going Concern

AUGUST 14, 2023

When you woke up this morning did you let out a big yawn and then ask yourself “how can audit firms respond to ongoing regulatory scrutiny?” PCAOB staff expects approximately 40% of the audits reviewed in 2022 will have one or more deficiencies, up from 34% in 2021 and 29% in 2020. Who’s gonna tell them?

audit