TaxConnex

MARCH 10, 2022

Now that the pandemic helped them discover just how lucrative sales tax can be, states and jurisdictions are also intensifying sales tax investigations and audits. In many states – notably Alaska – local jurisdictions are intensifying enforcement of sales tax nexus through home rule and other new sales tax laws.

South Dakota 189

South Dakota Sales Tax Maryland 189

CPA Practice

MARCH 13, 2023

Perfetto has worked with numerous large, publicly traded clients on complex accounting and audit matters such as acquisitions, impairment analysis, valuation, income tax provision, group audits, and management review controls. He also has significant experience working with mid-size and developing privately held businesses.

Real Estate 52

Real Estate forensic accounting Connecticut cpas 52

Going Concern

AUGUST 29, 2022

One day we could be in the Stamford, Connecticut office and the next we could be in the NYC office—or even at a client’s office. On top of the audit work, we go through trainings and webcasts and meet with various employees.

Sales 52

Sales Account accountant accounted 52

Going Concern

DECEMBER 18, 2023

” Stamford, Connecticut still hasn’t gotten its yearly audit done and an audit partner at RSM had to take time out of his busy day to visit a Board of Finance meeting. Stamford Advocate : “We are at the one-yard line here to get this audit across the finish line,” said Scott Bassett of RSM U.S. —

Georgia 59

Georgia Account accountant accounted 59

CPA Practice

AUGUST 28, 2023

Offering tax representation services is a key strategic opportunity for tax firms to grow their revenue,” said Eric Green, partner in Green and Sklarz, LLC a Connecticut-based law firm and founder of Tax Rep Network.

Education 52

Education Tax Connecticut income tax 52

CPA Practice

JANUARY 11, 2024

Before joining CohnReznick, Kavanagh was a partner for a Big 4 firm where he served as the audit engagement partner for two components of a Fortune 100 aerospace and defense company’s engagement and was the engagement partner at the issuer level for multiple SEC clients.

Delaware 59

Delaware Georgia CPA bookkeeping 59

CPA Practice

DECEMBER 10, 2023

ASE Group specializes in making the dollars make sense through solid recordkeeping, proactive tax planning, tax preparation, and year-round advisory support for entrepreneurs in New Jersey, New York, Connecticut, and Pennsylvania. She was recognized as a 2021 CPA Practice Advisor “40 Under 40” Professional.

tax planning 69

tax planning Tax tax preparation bookkeeping course 69

CPA Practice

JUNE 15, 2023

Offering tax representation services is a key strategic opportunity for law firms to grow their revenue,” said Eric Green, partner in Green and Sklarz, LLC a Connecticut-based law firm and founder of Tax Rep Network. All events qualify for CE, CPE and CLE Credits.

Tax 52

Tax Connecticut Education Legal 52

Cherry Bekaert

MAY 16, 2023

The Defense Contract Audit Agency (DCAA) questioned these costs, asserting that they were “a personal tax expense to the shareholders. Connecticut was the first state to pass an entity-level PTET in May of 2018, which is a mandatory entity-level tax on PTEs (and remains the only state to mandate an entity-level income tax on PTEs).

income tax 88

income tax Tax tax return Connecticut 88

CPA Practice

NOVEMBER 29, 2023

The speakers evaluate the options for fixing mistakes, and the practical opportunities to coming clean, resolving presentation issues, evaluating playing the audit lotter, as well as other options that will let you sleep easier at night. Day 2: Tuesday, December 12, 2023: 8:30 a.m. What’s On The Horizon? What’s Happening Everywhere Today?

New York 52

New York Tax Connecticut New Jersey 52

CPA Practice

OCTOBER 18, 2023

Meanwhile, the five states with the highest average state property tax burden are Connecticut, Illinois, New Hampshire, New Jersey, and Vermont. If you’re ever audited, you’ll need proof to justify your tax decisions and payments. You don’t know what you don’t know and an expert in this area can be invaluable.

business tax 59

business tax Tax Alaska South Dakota 59

Snyder

OCTOBER 12, 2022

Bureau of Labor Statistics (BLS) , the top paying states for Bookkeeping, Accounting, and Auditing Clerks as of May 2021 are: State Hourly mean wage Annual mean wage District of Columbia $ 28.91 $ 60,130 Massachusetts $ 25.64 $ 53,340 Washington $ 24.74 $ 51,460 California $ 24.56 $ 51,080 Connecticut $ 24.54 $ 51,050.

bookkeeping 98

bookkeeping accounting clerk E-commerce auditor 98

CTP

FEBRUARY 29, 2024

If audited by the IRS, thorough records and logs may help your clients prove their professional gambler status. As an accountant, you must know that Connecticut, Illinois, Indiana, and Wisconsin do not allow casual gamblers to deduct gambling losses. Provide supportive documentation for audited sessions.

Gambling 105

Gambling Tax Account accountant 105

Going Concern

JUNE 23, 2023

Audit “When you are a hammer, the world is a nail” – SEC and PCAOB Senior Staff Signal Increased SEC and PCAOB Gatekeeper Enforcement [ Lexology ] SEC Enforcement and PCAOB Enforcement both are pursuing more significant sanctions against auditors, particularly with respect to civil money penalties. 31 is still not finished.

cpa firm 101

cpa firm CPA auditor North Carolina 101

CPA Practice

JANUARY 10, 2024

Thorough record-keeping is critical to validating one’s professional gambling status if audited. Others, like Connecticut and North Carolina, offer no deduction at all for gambling losses – meaning gross winnings are fully taxable. Simply filing taxes as a “pro” for the tax benefits without meeting these criteria can draw IRS scrutiny.

Gambling 80

Gambling Tax Account accountant 80

CPA Practice

JULY 28, 2023

The digital economy has caused an incredible shift in how jurisdictions create, administer, remit and audit indirect taxes. Currently, states with some form of digital advertising taxes include Connecticut, Massachusetts, New York and Texas. Arkansas, Connecticut and Indiana have implemented digital taxes on social media transactions.

Maryland 52

Maryland Tax Virginia West Virginia 52

CPA Practice

AUGUST 31, 2023

ASE Group specializes in making the dollars make sense through solid recordkeeping, proactive tax planning, tax preparation, and year-round advisory support for entrepreneurs in New Jersey, New York, Connecticut, and Pennsylvania. She was recognized as a 2021 CPA Practice Advisor “40 Under 40” Professional.

quickbooks 59

quickbooks bookkeeping course Tax CPA 59

PYMNTS

JULY 5, 2018

Travel expenses were not approved, the audits found, prior to trips being taken. In one case that showed how crime does not pay (and, in fact, can cost all parties dearly in Connecticut), a woman agreed to reimbursement to the tune of $1 million. In other cases, holders bought two meals on a single charge.

Connecticut 41

Connecticut auditor Management Consulting audit 41

ThomsonReuters

OCTOBER 6, 2021

If a company is in New York or Connecticut , for example, the state can tax 20% of the company’s profits if 20% of its sales are made in the state. This web-based software solution can help you manage your data, consistently apply the right calculation methods, and provide a trackable solution for audits.

income tax 52

income tax Tax payroll Massachusetts 52

Going Concern

JULY 29, 2022

Audit Regulator Hands Down Record Fines for Audit Failures [ Wall Street Journal ] The Financial Reporting Council on Thursday said financial sanctions during the year ended March 31 totaled £46.5 The new standard becomes effective for audits of financial statements for periods ending on or after Dec. million and up from £16.7

audit 117

audit Account accountant accounted 117

Going Concern

APRIL 10, 2023

Smaller accounting firms have asked Big 4 to share their expertise [ FT ]: Smaller rivals have called on the UK’s Big Four accounting firms to share their audit expertise and technology, but partners at the big firms say they fear being accused of breaking competition law if they do so. Here’s what’s going on.

Technology 59

Technology Account accountant accounted 59

PYMNTS

DECEMBER 12, 2018

At the end of the day you still end up with a record-keeping system that can’t pass audit for tax and regulatory purposes,” he said. Earlier this month the company announced a partnership with the Credit Union League of Connecticut, focused on the deployment of the Green Check platform. “We The government benefits, too.

Legal 68

Legal Connecticut payroll Tax 68

Going Concern

JANUARY 5, 2024

As the accounting industry continues to move away from commoditized audit and tax services to value-based delivery of holistic business solutions, technology is key to enhancing this value through increased efficiencies and heightened support of our role as trusted business advisors. Trump business got at least $7.8

tax return 106

tax return Virginia accounting and finance audit 106

Cherry Bekaert

JANUARY 24, 2024

The report examined the laws of seven states (Connecticut, Illinois, Massachusetts, New York, Rhode Island, Washington, West Virginia) and the District of Columbia, and found that many of those states adopted laws similar to the federal Community Reinvestment Act in decades following the 1977 passage of the landmark federal anti-redlining law.

Rhode Island 59

Rhode Island West Virginia Connecticut Virginia 59