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Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

A Supreme Court justice found Ballarat-based firm Mulcahy and Co director James Mulcahy formed a company with others to buy a stake in Chris’s Body Builders after discussions with two clients about their intentions to purchase the Melbourne truck manufacturing business. His longtime CPA suddenly stopped answering his calls.

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Connecting Timekeeping with Practice Management for Law Firms

KROST

KBI is led by KROST Principal Keith Hamasaki, CPA , and Director Ricky Yau, CISSP. In addition to KBI, he currently leads the Manufacturing and Distribution Industry group at KROST and is an active contributor to the firm’s Real Estate and Technology groups. Keith Hamasaki, CPA , Principal. Industry Experts. Full Bio.

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What New York-Based Tech Companies Should Know About QETC Filings

Shay CPA

Specifically, if you can get certified as a qualified emerging tech company (QETC), you and your investors can claim some meaningful credits to lower your tax liability. Plus, your company will qualify for a lower corporate tax rate on your New York State taxes. So, does your startup count as a QETC? Let’s dig in.

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Guidance on Filing the RL1 Summary and CNESST Salary Declarations

Ronika Khanna CPA,CA

Quebec Income Tax Box 10 (Impot du Quebec) is the amount of income taxes deducted from employee's paycheques Health Services Fund (FSS) Box 28 This represents the gross payroll and is generally only required if the corporation is in the primary and manufacturing sectors as there is a reduced rate for these types of business.

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KROST Business Intelligence – Real-Time Data Insights for Middle-Market Businesses

KROST

KBI is led by KROST Directors Keith Hamasaki, CPA , and Ricky Yau, CISSP. In addition to KBI, he currently leads the Manufacturing and Distribution Industry group at KROST and is an active contributor to the firm’s Real Estate and Technology groups.

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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

According to the CPA Ontario settlement agreement , PwC self-reported that 445 of its professional staff across its Ontario offices, primarily in its assurance practice, participated in answer sharing during mandatory internal training assessments between 2016 and 2020. What’s more, the use cases for the chatbot were evident.

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5 States with the Lowest Combined Business Taxes

CPA Practice

5 states with the lowest total tax burden for businesses While each state has its own tax structure, several states stand out for their favorable business tax environment. Here are five states renowned for their low taxes for businesses: 1.