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Special Report: 2025 Readers’ Choice Awards

CPA Practice

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.

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Cherry Bekaert Achieves Top 5 Hedge Fund Auditor Ranking Following Acquisition of Spicer Jeffries

CPA Practice

This list ranks the top CPA firms by the number of SEC-registered hedge funds audited. Our commitment to providing exceptional audit, tax and advisory services to the securities industry has never been stronger. OBannon Cherry Bekaert has been included in Hedge Fund Alert’s 2025 list of Top Hedge Fund Auditors.

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Tax Fraud Blotter: Getting personal

Accounting Today

EDT 6 Min Read Facebook Twitter LinkedIn Email The not-so-great outdoors; spear itself; pain and gain; and other highlights of recent tax cases. Sole owner of Zion Outfitter, an outdoor retailer in Springdale, Utah, he handled the company finances and provided CPAs with information and records to prepare tax forms to submit to the IRS.

Tax
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Tuesday Morning Accounting News Brief: Consultants Probably Won’t Be Cleaning Up Due to Trump’s Hiring Freeze; Where Are We At With 150 and Mobility? | 1.21.25

Going Concern

KPMG UK is under investigation : The accounting firm KPMG is under investigation by the sectors UK regulator over its audit of the 2022 accounts of the gambling company Entain. and Kevin Cramer (R-N.D), introduced the No Tax on Tips Act to exempt tips from being subject to taxation under the federal income tax.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

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.

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New Federal School Voucher Program Poses a Quandary for States: Opt In or Opt Out?

CPA Practice

Newcomer North Carolina began with income-based prioritization but quickly expanded under political pressure or demand, while Alabama and Louisiana will launch ESA programs in 2025-26 using general state revenues. Utah enacted a universal voucher program in 2023, providing up to $8,000 per student for private school or homeschool expenses.

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Utah Movie Producer Found Guilty of $1 Million in Tax Crimes

CPA Practice

A federal jury convicted a Utah man on June 4, 2024, of tax evasion and forcibly retaking property that had been seized by the government to pay his outstanding tax debt. From 1999 through 2005, Cromar did not file any federal income tax returns or pay any tax. in taxes, interest and penalties.