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Friday Footnotes: PwC Scandal Somehow Gets More Scandalous; Deloitte Denied in Court; Withum Embiggens in Florida | 11.8.24

Going Concern

They don’t even have time to sit for their CPA exam because they’re working so many hours.” Lovesac to settle accounting violation suit brought by SEC for $1.5 District Court for the district of Connecticut on Oct. “It made recruiting a lot easier,” Rojas says. million [ Furniture Today ] The SEC complaint, filed in the U.S.

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Special Report: 2025 Readers’ Choice Awards

CPA Practice

Δ Thanks for reading CPA Practice Advisor! Jason Bramwell Leave a Reply Cancel reply Δ CPA Practice Advisor is the definitive technology and practice management resource for accounting and tax professionals. Email This field is for validation purposes and should be left unchanged. Δ © 2025 Firmworks, LLC.

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Lovesac to Pay SEC $1.5 Million to Settle Claims of Hidden Expenses

CPA Practice

The accounting problems came to light in April 2023, when Lovesac’s finance team found that approximately $2.2 million in invoices for products shipped during the 2023 fiscal year had not been recorded in Lovesac’s books and records until the first quarter of the 2024 fiscal year, according to the complaint.

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Professionals on the Move – July 2025

CPA Practice

Surett earned a bachelor’s degree in accounting from Siena College in Loudonville, NY, and an MBA in finance from the State University of New York at Albany. Thanks for reading CPA Practice Advisor! CPA Practice Advisor has products that deliver powerful content to you in a variety of forms including online, email and social media.

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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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Sales tax and accounting services

TaxConnex

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes. Accounting services are often, but not always, exempt.

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Friday Footnotes: Alternate CPA Pathways Advance in Connecticut; Tax Offshore Labor?; PwC Priorities Questioned | 5.2.25

Going Concern

Thats the case, however, for House Bill 7020, which would offer more flexibility for state residents to become certified public accountants. More than 70 people submitted testimony in advance of public hearing on the bill, all of them supporting the legislation. Crazy Idea of the Week Lets tax outsourced labor!