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 2, 2025

Several House lawmakers, including Texas Representative Chip Roy and Representative Ralph Norman of South Carolina, predicted the first procedural vote would fail. House leaders plan to hold a procedural vote to advance the legislation on Wednesday, with the goal of sending it to the president by Friday for his signature.

North Carolina

TaxConnex

MARCH 21, 2024

The Court of Appeals of South Carolina has affirmed a state Administrative Law Court (ALC) finding that the online retail giant remains liable for eight figures in unpaid sales tax on third-party sales from 2016, interest and penalties. Here’s a review of some of the recent changes and updates. Amazon still liable.

South Carolina

TaxConnex

DECEMBER 5, 2023

In South Carolina, membership fees to for-profit gyms can be exempt if the gym has aerobics/calisthenics, weightlifting or exercise, running tracks, racquetball and swimming pools. Throw in basketball courts, though, and the memberships incur sales tax. States don’t take membership sales tax lightly.

South Carolina

TaxConnex

MAY 26, 2022

As an example, a distributor/wholesaler in Arkansas sells to a retailer in South Carolina and drop ships to the retailer’s customer in Illinois. These forms are especially important in sales tax audits. Instead, they are leveraging other suppliers/distributors who “drop ship” directly to the customer.

South Dakota

CPA Practice

APRIL 8, 2025

South Carolina lawmakers want to move on from outside independent auditor CliftonLarsonAllen after a 20-year relationship.

South Carolina

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 be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida.

Sales

TaxConnex

JANUARY 28, 2021

South Carolina has extended through June 30, 2021, relief that it previously announced regarding the establishment of income and sales tax nexus solely because an employee is temporarily working in a different work location due to COVID-19. 20 and not to any withholding required to be paid on an accelerated schedule.

Sales

TaxConnex

NOVEMBER 1, 2022

Let’s say a supplier/distributor in Arkansas sells to a retailer in South Carolina and drop ships to the retailer’s customer in Illinois. These forms are especially important in sales tax audits. Instead, they leverage other suppliers/distributors who “drop ship” directly to the customer. And there’s an infinite number of forms.

Sales

TaxConnex

JUNE 22, 2021

States like South Carolina and Iowa reported early, positive, revenue collections on the new requirements. It is always best to move forward on your own accord, no matter the fear around potential penalties and fees, rather than to be caught off guard during an audit.

South Dakota

Going Concern

SEPTEMBER 6, 2023

Apparently South Carolina has joined them. Scrolling down we get to the important bit: First-year audit associates can expect to earn $59,000 on average this year, up from previous years, while entry-level corporate accountants can bring in $65,500 on average, according to Robert Half salary data.

Minnesota

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

CPA Practice

AUGUST 6, 2024

The Alabama Society of CPAs (ASCPA) has opened r egistration for its Governmental Accounting and Auditing Forum , which will take place December 9-11, 2024 in Montgomery, AL. The Forum will be in-person and broadcast live. The price to attend the Forum is $350 for both members and nonmembers.

CPA

PYMNTS

JUNE 22, 2020

based Novant is a nonprofit network consisting of more than 1,500 physicians and 15 medical centers in North Carolina, Virginia and South Carolina, according to its 2018 audited financial statements. Cedar also announced what it called an “innovation partnership” with Novant Health. Winston, N.C.-based

South Carolina

Going Concern

MARCH 27, 2023

South Carolina’s comptroller quits after a $3.5 million) fine over lapses in its auditing work of bad-debt manager China Huarong Asset Management Co. Zhu urged Deloitte to learn a lesson from the punishment, correct mistakes and improve audit quality, according to a statement from the ministry on Sunday.

accounting for dummies

CPA Practice

OCTOBER 18, 2024

In addition to assisting in the coordination and management of the Association’s annual audit and budget, she oversees the payroll and benefits accounting. Venus has extensive experience with audits of nonprofit organizations of all sizes, with a diverse range of important missions. She holds a B.S.

CPA

CPA Practice

MAY 18, 2023

Maroun Nammour (Pennsylvania), a graduate of Lebanese University with a Bachelor of Business Administration specializing in accounting and auditing and a Master of Arts in accounting and finance, is employed with Farhat Accounting Lectures in West Chester, PA.

CPA

SkagitCountyTaxServices

OCTOBER 9, 2024

This goes also if you live in South Carolina, Georgia, Alabama, and various parts of Virginia, Tennessee, and Florida. It’s one of the big areas that cause businesses to become audit-vulnerable and/or pay way more in taxes than they expected. First, by sending their own agents to help with relief efforts.

Sales

CPA Practice

JUNE 28, 2024

Remote sales tax ramifications for marketplace sales South Carolina is holding Amazon liable for back taxes on third-party sales Amazon and South Carolina have been locked in a legal battle since before the Wayfair ruling. Amazon will likely appeal to the Supreme Court of South Carolina, and it won’t be standing alone.

South Carolina

Going Concern

MAY 12, 2023

In 2021, the Big Four audited a quarter of China’s 98 central SOEs, but EY led the pack earning about 12% of its revenue in the country from these giant corporations. Other News LR5 school district drops accounting firm behind controversial audit [ The State ] Some juicy drama going down in South Carolina this week.

CPA

Going Concern

FEBRUARY 17, 2023

Audit Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority [ Wall Street Journal ] The Public Company Accounting Oversight Board is facing calls to be the regulator that brings supervision to bear on auditors of cryptocurrency companies, even as the majority of crypto businesses fall outside its jurisdiction. “It

Legal

CPA Practice

JUNE 1, 2023

Maroun Nammour (Pennsylvania), a graduate of Lebanese University with a Bachelor of Business Administration specializing in accounting and auditing and a Master of Arts in accounting and finance, is employed with Farhat Accounting Lectures in West Chester, PA.

institute of chartered accountants

CPA Practice

OCTOBER 23, 2024

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

Rhode Island

CPA Practice

AUGUST 26, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve? million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve?

Rhode Island

CPA Practice

SEPTEMBER 20, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces? million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?

Rhode Island

CPA Practice

SEPTEMBER 3, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use? million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use?

Rhode Island

CPA Practice

MAY 17, 2023

Schaal is a member of the Colorado Bar Association and holds a bachelor’s degree in political science and a master’s degree in resource management from the University of South Carolina, Columbia. from Campbell University in Buies Creek, North Carolina, and an LL.M. He also earned a J.D. Vincent College.

South Carolina

CPA Practice

JULY 19, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system? million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system?

Rhode Island

Going Concern

AUGUST 12, 2024

Ortiz spent years there auditing and studying for her CPA exam. Marcum Asia, the US audit firm focused on Chinese small-caps, has been excluded from the $2.3bn acquisition of its parent company, leaving it searching for a new name and potentially new investors. “We 390 current and former partners are also named in the claim.

Tax

CPA Practice

OCTOBER 15, 2024

Along came the devastation of Hurricane Helene and the appropriate extensions granted in seven jurisdictions, including the entire states of Alabama, Georgia, North Carolina, and South Carolina, plus parts of Florida, Tennessee, and Virginia. And wait again! A modern interaction through an easy-to-use portal is table stakes.

South Carolina

PYMNTS

JANUARY 16, 2020

A campaign by the SPLC to cut off funding to those groups and others like them finally began to catch traction in the years after the shooting in Charleston, South Carolina, where Dylann Roof massacred nine African Americans in a church. Since then, the SPLC has persuaded PayPal and Google to cut off funding to hate groups.

Finance

PYMNTS

JUNE 21, 2018

For starters, “a Government Accountability Office audit said states missed out on about $13.7 Brick-and-mortar retailers cried foul, with their complaints about unfair tax treatment growing louder as online retail continued to account for more of total U.S. retail sales. Billions of Dollars at Stake.

South Dakota

Going Concern

MARCH 3, 2023

Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues [ CoinDesk ] Marathon Digital (MARA) said it will need to restate portions of its audited 2021 results and currently unaudited quarterly reports from 2022 after an inquiry from the U.S. They also state that digital assets should be backed by a safeguarding asset.

South Carolina

Going Concern

OCTOBER 14, 2022

Big Four Audit Giants Shut Down Legal Operations in China Following ‘Regulatory Raids’ [ Law.com ]. The Big Four auditing giants have quietly shut down their legal affiliations in China following intense regulatory scrutiny, according to an investigation by Law.com International, in a major development for Asia’s legal industry.

auditor

Going Concern

JANUARY 26, 2024

Long Read Corporate Self-Oversight [ The American Prospect ] Four auditing firms examine the books of nearly every big U.S. How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. AI Is your firm keeping pace?

accounted

Going Concern

MAY 19, 2023

Special Report: KPMG Canada beats Big Four accounting rivals in net new client gains [ Canadian Accountant ] For the second year in a row, KPMG Canada has surpassed its Big Four rivals in net new audit client gains, helping to offset the loss of a controversial company as an audit client. Securities and Exchange has identified 174 U.S.-listed

auditor

Going Concern

SEPTEMBER 20, 2024

Auditing is especially sensitive since it involves access to extensive market data that Beijing worries could be leaked to foreign governments. Low bidders bypassed for state contract to probe mystery $1.8B [ The Nerve ] A global consulting firm hired by the state [of South Carolina] to investigate the mystery $1.8

accounting and finance