CPA Practice

JUNE 12, 2025

Cellsense (Somerville, Massachusetts): Transforms algae and cellulose into compostable beads to offer a sustainable alternative to microplastics used in design and cosmetic industries.

Technology

Accounting Today

JUNE 26, 2025

Massachusetts: Enrolled Agent Christine K. Peek, Champaign, indefinite from March 18, 2025. Indiana: CPA Michael M. Harman, Modoc, indefinite from Nov. 20, 2024, and attorney Jason M. Smith, Seymour, indefinite from Oct. Kim, Burlington, indefinite from Nov. Mississippi: Attorney Charisse C. Gordon, Raymond, indefinite from Feb.

Tax

Going Concern

NOVEMBER 1, 2024

Audit Private Equity’s Ties to Companies’ Auditors Have Never Been Closer. The supplement provides audit firms with additional guidance regarding remediation, including making the most of the remediation period, the potential influence of non-technical factors on persistent quality control criticisms, and more.

audit

Going Concern

JULY 18, 2025

Here in Massachusetts, the collapse last year of Steward Health Care has been widely blamed on its ties to PE. Audit Automated auditors: could AI undermine financial reporting? Paradoxically, AI can turn the audit into a black box,” he adds. Then, just 38 per cent of BDO’s audits were ranked as satisfactory.

audit

Accounting Today

JUNE 6, 2025

The warning signs are here: revisions quietly wiped out 95,000 jobs from the past two months and participation in the labor force shrunk," said House Ways and Means Committee ranking member Richard Neal, D-Massachusetts, in a statement.

accounted

CPA Practice

JULY 9, 2025

Cellsense (Somerville, Massachusetts): Transforms algae and cellulose into compostable beads to offer a sustainable alternative to microplastics used in design and cosmetic industries.

Technology

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

Accounting Today

JULY 22, 2025

The National Association of Realtors estimates that around 29 million homeowners could have enough equity in their homes to exceed the cap for single filers, particularly in high-priced markets such as California and Massachusetts. billion, threatening taxpayer service and enforcement.

Technology

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

TaxConnex

DECEMBER 23, 2021

If you and your company haven’t been hit with a sales tax audit yet, congrats. In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. Sales Tax Audit Triggers. Sales Tax Audit Triggers.

audit

Withum

JANUARY 25, 2024

Withum is proud to share that Steven Cohen , Partner, has been selected to chair the Audit and Accounting Committee for the Massachusetts Society of CPAs (MassCPAs). With over 26 years of experience, Steven specializes in the audits of government entities , auto dealerships , and higher education and not-for-profit organizations.

Massachusetts

CPA Practice

MAY 25, 2023

MassCPAs Board of Directors is a group of elected members that sets policies, manages programs and oversees activities that benefit the 11,500-member organization and accounting profession in Massachusetts. Katie Soule, CPA, CFP, CIMA, Merrill Lynch The Massachusetts Society of Certified Public Accountants, Inc.

Massachusetts

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.

audit

TaxConnex

FEBRUARY 8, 2022

The Massachusetts Appellate Tax Board found that SaaS provider Akamai Technologies Inc. Akamai, headquartered in Massachusetts, provided software-based cloud services allowing customers to manage the delivery of web and media content over the Internet. machine rate. was a manufacturing corporation, rather than a service provider.

Sales

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. States expected to do best with sales tax in 2024 are West Virginia, Massachusetts, Kentucky, Iowa and New York. If so, watch out for 2024.

Sales

CPA Practice

FEBRUARY 5, 2024

Marcum LLP has entered a merger with Wakefield, Massachusetts-based Powers & Sullivan, LLC, effective February 1, 2024. Massachusetts-based Powers & Sullivan has a portfolio of services spanning accounting, auditing, and management consulting, with a specialized practice focused on auditing governmental entities.

Massachusetts

TaxConnex

AUGUST 25, 2022

Audits are a clear danger. If you and your company haven’t been hit with a sales tax audit yet, congrats. more than one in four top professionals in varied industries reported seeing an increase in state sales tax audits in the past two years. Not someone who will ask you to take a number and wait for a response.

Sales

TaxConnex

DECEMBER 5, 2023

Membership fees paid solely in consideration for admission to “discount” department stores, retail outlets and wholesale clubs are not subject to Massachusetts sales tax, for instance. Retail Again, this sales tax on this kind of membership varies greatly by state. States don’t take membership sales tax lightly.

South Carolina

BuildYourFirm

MARCH 31, 2020

Her affiliations include Massachusetts Society of CPAs, National Conference of CPA Practitioners, and Chair, Mass. Block chain is going to change the way we do agreed upon procedures and audits.”. She is also experienced in cryptocurrency taxation including tax preparation and problem resolution. Irene graduated with a B.S.

cpas

TaxConnex

JANUARY 28, 2021

Massachusetts has extended relief for companies with staff working remotely in the staff due to the pandemic. These employees will not trigger nexus for sales and use tax purposes – a real worry for online companies during work-from-restrictions.

Sales

CPA Practice

JANUARY 8, 2024

Top 30 accounting firm UHY has entered Massachusetts by merging with Wayland-based CPA firm Paresky Flitt & Co. Michael Mahoney, Northeast Region managing director at UHY, said about the merger, “As we looked to re-enter Massachusetts, it was important to team up with a local firm that has values similar to UHY’s.

Massachusetts

CPA Practice

AUGUST 28, 2023

The Massachusetts Society of Certified Public Accountants (MassCPAs), in partnership with the American Institute of Certified Public Accountants (AICPA) Women’s Initiatives Executive Committee, today announced the seven honorees of the 2023 Women to Watch Awards.

Massachusetts

CPA Practice

JUNE 5, 2023

She brings deep experience in leading finance organizations at high-growth SaaS companies through IPO and beyond and serves on both the board of directors and audit committees for public and private companies. Oulman currently serves as a member of the board and the audit committee chair for both CalAmp and Plume Design, Inc.,

Indiana

CPA Practice

JUNE 5, 2023

The Massachusetts Society of CPAs ( MassCPAs ) recently launched a scholarship to honor the legacy of current Society President and CEO Amy A. Pitter joined MassCPAs in 2015 and was previously the Commissioner of the Massachusetts Department of Revenue.

CPA

CPA Practice

JULY 5, 2023

Women are also 14% less likely to get promoted than men, according to a study from the Massachusetts Institute of Technology. Companies, moreover, could consider conducting an equity audit of their hiring process, said Emily Dickens, chief of staff of the Society of Human Resource Management.

Non-Profits

CPA Practice

APRIL 18, 2024

Ndeye Amy Thioub, 67, of Swampscott, MA, has served as a Boston-based IRS agent out of the IRS’s Large Business and International Division since 2006 and has been a licensed certified public accountant in Massachusetts since 2010, according to an affidavit filed in support of her criminal charges by a fellow IRS agent.

Tax

CPA Practice

SEPTEMBER 25, 2023

Boston, Massachusetts Zachary Smargon, CPA, MSA, of South Boston, MA, has been promoted to Manager in the assurance practice. Woburn, Massachusetts Amanda Auriemma, CPA, of Wakefield, MA, has been promoted to Manager in the assurance practice. She earned her bachelor’s degree in accounting from the University of Massachusetts Amherst.

New Hampshire

Going Concern

SEPTEMBER 27, 2024

Top Remote Accountants of the Week | September 26, 2024 Audit PCAOB Sanctions Five Audit Firms for Violations Related to Audit Committee Communications or Reporting Requirements [ PCAOB ] The PCAOB imposes censures, $165,000 in total fines, and remedial undertakings that include training and improvement of policies and procedures.

audit

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.

Alabama

Going Concern

MAY 20, 2024

Today the EY organization has announced new technology capabilities and a global Artificial Intelligence (AI) Assurance framework for EY professionals as part of a multi-year, technology driven audit transformation program which is supported by plans to align approximately 9,000 Technology Risk professionals to the Assurance service line.

auditor

PYMNTS

MAY 7, 2020

Last week, Treasury Secretary Steven Mnuchin said not only will PPP loans in excess of $2 million be audited, but every business that borrows money through the program can expect to be audited before the loans are forgiven.

Massachusetts

Going Concern

MAY 31, 2024

In the letter, Engagement Principal for the Firm Mary Sahady wrote that the city has only provided 43 of the 110 total funds in the fiscal year June 30 2022 audit. The audit cites that Villages in New York are, by law, supposed to be audited every year, but The Village of Horseheads hadn’t had one since 2018.

auditor

PYMNTS

NOVEMBER 2, 2018

The Financial Times ( FT ) reported that the auditing team from EY has come at the direction of hedge funds based in the United States that are on the Aegean board. The audit covered the period of July 1, 2014 to Dec. News came Thursday (Nov. Procards Get Auditor’s Scrutiny.

auditor

Withum

MAY 27, 2022

Withum is excited to share that Jenn Mutunga , Senior Accountant, was honored by MassCPA (the Massachusetts Society of CPAs) as the Rising Star for May 2022. Jenn has over nine years of experience in the industry specializing in audits.

Massachusetts

PYMNTS

SEPTEMBER 24, 2018

Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. listed companies since 2005, finding firms that had to reissue their financials due to errors.

corporate accounting

CPA Practice

JANUARY 11, 2024

With roots tracing back more than 60 years, GM&G has established itself as a leader in delivering tailored tax, accounting, auditing, and business advisory solutions to its clients. offices in California, Connecticut, Florida, Massachusetts, Nevada, New Jersey, New York, and Virginia. The firm also has U.S.

North Carolina

TaxConnex

DECEMBER 29, 2022

Nevertheless, some states looked to increase their sales tax base: Massachusetts floated the idea of following Maryland in taxing digital advertising sales. (In fact, Amazon would soon introduce a 5% “fuel and inflation surcharge” to fees that it charged third-party sellers.). Supreme Court.

Sales