CPA Practice

AUGUST 10, 2023

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has appointed two new leaders to the firm’s Audit Quality & Risk practice. Earlier in her career, she focused on developing audit plans, analyzing internal controls and policies, preparing audit reports and providing recommendations for improved operations.

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Going Concern

JULY 22, 2022

Global Rulemakers Say It’s Time to Fix Goodwill Accounting [ Bloomberg Tax ] The International Accounting Standards Board said Thursday that it would decide whether to change the rules covering acquisition accounting at its next meeting. Happy Friday to you too, Tax Twitter. Happy Friday.

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Going Concern

AUGUST 25, 2023

News US Accounting Board Looks Across the Ocean to Fill Hole in Rules [ Bloomberg Tax ] The flood of government aid that helped keep companies afloat during the coronavirus pandemic exposed a hole in US accounting rules: Businesses have no way to record the grants, loans, and tax breaks that bolstered their bottom lines.

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SkagitCountyTaxServices

JUNE 8, 2022

So if you want to talk through your particular landscape, Padgett & Padgett, PLLC CPA is in your corner, right here: app.acuityscheduling.com/schedule.php?owner=19530343. Speaking of which: reminder that second quarter estimated taxes are due next week on 6/15/22.). Padgett & Padgett, PLLC CPA. owner=19530343.

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Accounting Seed

JULY 21, 2022

A separate bank account, separate credit card, and separate financial flows will simplify business expense tracking and taxes without worrying whether that minor repair bill was for work or the office. If your business succeeds, eventually you’ll find you have many accounts to manage. In some cases, an accountant is mandatory.

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