Going Concern

SEPTEMBER 27, 2023

Once again @profjackc has tweeted a very important reminder for current CPA exam candidates and once again we’re here signal boosting said reminder because it’s important information. The post CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever appeared first on Going Concern.

CPA

CPA Practice

JULY 8, 2024

TNS) The IRS announced tax relief for individuals and businesses in parts of Kentucky affected by severe storms, straight-line winds, tornadoes, landslides and mudslides that began on April 2, 2024. By Janie Slaven, The Times-Tribune, Corbin, Ky. These taxpayers now have until Nov.

Kentucky

CPA Practice

OCTOBER 23, 2023

Top 40 accounting firm LBMC, which is based in Brentwood, TN, is merging in Louisville-based CPA firm Strothman & Co. team further enhances our service offerings and allows us to expand our Kentucky presence, where we currently serve over 100 clients across the state.” Financial terms of the deal were not disclosed.

Kentucky

CPA Practice

NOVEMBER 21, 2023

By Bill Estep, Lexington Herald-Leader (TNS) A former Kentucky accountant has been indicted after allegedly failing to report more than $320,000 in income on his federal taxes. A federal grand jury indicted Charles Marshall Stivers, of Manchester, last week on two charges of making false statements on tax returns in 2018 and 2020.

Kentucky

Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users. Welsh said.

CPA

CPA Practice

NOVEMBER 22, 2023

By Bill Estep, Lexington Herald-Leader (TNS) A former Kentucky accountant has been indicted after allegedly failing to report more than $320,000 in income on his federal taxes. A federal grand jury indicted Charles Marshall Stivers, of Manchester, last week on two charges of making false statements on tax returns in 2018 and 2020.

Kentucky

CPA Practice

NOVEMBER 28, 2023

It’s not quite a “ mega merger ,” but a top 100 CPA firm and a top 200 CPA firm will be merging on Jan. Dean Dorton, based in Lexington, KY, and VonLehman CPA & Advisory Firm, based in Fort Wright, KY, announced their marriage on Tuesday. Dean Dorton President and CEO David Bundy (left) with VonLehman President Adam Davey.

North Carolina

CPA Practice

APRIL 9, 2024

As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. Finally, some states and cities require employers to withhold special taxes for supplemental wages, such as bonuses and commissions. Filing tax returns and remitting payments on time. and West Virginia) Washington, D.C.

payroll tax

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina

CPA Practice

JUNE 18, 2024

is set to acquire fellow Cincinnati CPA firm Rolfes & Swisher in a deal that will become effective on July 1. Founded in 1938, Clark Schaefer Hackett has 600 employees across 10 offices, which are located in Ohio, Kentucky, Michigan, and one in Mumbai. Top 70 accounting firm Clark Schaefer Hackett & Co.

cpa firm

CPA Practice

JANUARY 11, 2023

The Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, have announced the latest group of young aspiring professionals to complete its award-winning and highly competitive Mary T. Janae Fleming Kentucky State University Richton Park, Ill. Devin DeVry University of Illinois Aurora, Ill.

Illinois

RitaKeller

MAY 16, 2022

I had the opportunity to visit Claiborne Farm i n Bourbon County, Kentucky not far from Lexington, KY. Since the Kentucky Derby was still fresh in my mind, I was pleased that two very dear friends arranged the visit. Claiborne Farm is a thoroughbred horse breeding operation near Paris, Kentucky.

Kentucky

CPA Practice

DECEMBER 13, 2023

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The Kentucky Society Certified Public Accountants (KYCPA) announced their newest board members, whose terms began in July 2023 and will continue through 2026.

West Virginia

CPA Practice

AUGUST 26, 2024

Sales tax typically applies to both dine-in and takeout food in Colorado , Florida , Indiana , Kentucky , New York , Texas , and Wisconsin , at least if it’s from a restaurant. My former stomping ground of New Hampshire imposes a meals and rooms tax on restaurant meals even though the state has no general sales tax.

Ohio

MyIRSRelief

JULY 3, 2023

Verify their credentials, such as being an enrolled agent, tax attorney, or CPA, and check for any relevant certifications or affiliations. Reputation and References: Seek recommendations from trusted sources or ask for references from the representative’s previous clients.

audit

Withum

MARCH 20, 2024

Author: James Trubenbach-Byrne , CPA | jbyrne@withum.com Contact Us For more information on this topic, please contact a member of Withum’s Healthcare Services Team. The initial implementation site of the project will be at Aaron Henry Community Health Center in Tunica, Mississippi. appeared first on Withum.

South Carolina

CPA Practice

OCTOBER 30, 2023

28, 2022 Prestonsburg, Kentucky Nov. In addition, the IRS has opened or reopened the following 50 Taxpayer Assistance Centers since the passage of the Inflation Reduction Act, including eight additional centers since the first anniversary of the law’s enactment: Taxpayer Assistance Center Date opened/reopened Waco, Texas Oct. 14, 2022

West Virginia

CPA Practice

AUGUST 25, 2024

Digital property, including digital photographs and video games, is generally taxable; see also the Kentucky Department of Revenue. Fun fact, when Iowa lawmakers grant an exemption for an entity, they also need to establish an exemption for digital goods sold to that entity.

West Virginia

CPA Practice

SEPTEMBER 9, 2024

Taxpayers in all or parts of Florida , Georgia , Kentucky , Minnesota , Missouri , North Carolina , Puerto Rico , South Carolina , South Dakota , Texas , Vermont , and the Virgin Islands have until Feb. Currently: Taxpayers in parts of Arkansas , Iowa , Mississippi , New Mexico , Oklahoma , Texas , and West Virginia have until Nov.

South Dakota

CPA Practice

SEPTEMBER 20, 2024

CPA firms constantly seek ways to boost efficiency, enhance client satisfaction, and drive growth. IRIS works with thousands of CPA firms in North America, including 52 of the top 100 CPA firms in the US, and provides innovative solutions to serve accountancy customers in the North American market, making IRIS the go-to partner for CPAs.

Rhode Island

CPA Practice

APRIL 3, 2024

The following is how the states rank by overall tax burden, with No. 1 being the highest and No.

Rhode Island

CPA Practice

JULY 22, 2024

Bill Emmer, CPA, of Ramsey, NJ, will serve as NASBA’s vice president, operations. He acted as the enterprise program manager of the Uniform CPA Examination (CPA exam) where he was responsible for the day-to-day operations across the NASBA, AICPA, and Prometric (NAP) enterprise.

North Carolina

CPA Practice

DECEMBER 19, 2023

Generally, a company can choose a “future effective date” 30 to 90 days out.

Rhode Island

CPA Practice

SEPTEMBER 18, 2024

ATA CPAs + Advisors PLLC, a licensed CPA firm, has been renamed ATA PLLC and provides audit and assurance services, while ATA Advisory LLC provides non-attest services, including tax and advisory services. The firm has approximately 240 employees across 16 offices in Tennessee, Arkansas, Kentucky, Mississippi, and Georgia.

Mississippi

CPA Practice

APRIL 9, 2024

The following is how the states rank by overall tax burden, with No. 1 being the highest and No.

Rhode Island

CPA Practice

SEPTEMBER 27, 2024

Top 200 accounting firm Barnes Dennig and Indianapolis-based Greenwalt CPAs are combining, effective Jan. The combined firm will have about 215 employees and five offices in three states: Ohio, Indiana, and Kentucky. 1, 2025, expanding services for clients of both organizations.

cpas

CPA Practice

APRIL 12, 2023

State-by-state estimates of individuals who may be due 2019 income tax refunds State or District Estimated Number of Individuals Median Potential Refund Total Potential Refunds * Alabama 23,900 $880 $23,694,700 Alaska 6,000 $917 $6,542,300 Arizona 35,400 $824 $33,911,500 Arkansas 12,800 $864 $12,586,100 California 144,700 $856 $141,780,000 Colorado (..)

Rhode Island

CPA Practice

JULY 3, 2024

The right solution also eases the workload on your staff, helping your CPA Firm or Payroll Service Bureau achieve more. Effective payroll software ensures accuracy, compliance, and operational efficiency, providing a competitive edge. It supports client retention, improves ROI, and facilitates business growth.

payroll

CPA Practice

JULY 19, 2024

It exists to take the pain out of processes and let professionals working in CPA fi rms and businesses comply with regulations, drive productivity, and better engage with key stakeholders. million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system?

Rhode Island

CPA Practice

JULY 12, 2023

In Kentucky, employers are required to withhold an Occupational Tax from employees’ wages. Employers there must also withhold a State Disability Insurance (SDI) from employees’ paychecks, which temporarily pays workers when they’re ill or injured due to non-work activities or for pregnancy, and Paid Family Leave (PFL) benefits.

income tax

CPA Practice

MAY 18, 2023

Kentucky has also found an increase in the number of “imposter” claims, according to its website. Other states might also suffer from the same problem – Kentucky has acknowledged a problem – but we have no way of knowing for sure.” million in the week ended May 6.

Kentucky

CPA Practice

JANUARY 3, 2024

With this merger, ATA now has 240 employees and 16 locations across four states—Tennessee, Arkansas, Kentucky, and Mississippi. The merger with WTD adds 18 professionals to the ATA team, including partners Lee Hood and Jeff Hunter, as well as principal Steve Davis.

cpas

CPA Practice

AUGUST 10, 2023

Founded in 2009, MCM’s offices stretch across Kentucky, Ohio, and Indiana. “MCM’s depth of knowledge across numerous industries also creates strategic opportunities to better serve our current clients and attract new ones. We are excited to welcome MCM to the firm.”

cpas

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?

Rhode Island

Anders CPA

MAY 15, 2023

Contact Anders The post Employer Payroll Tax Obligations When Employees Work Out-Of-State appeared first on Anders CPA. Learn more about how we can ensure compliance with state payroll tax withholding requirements and the associated fees by contacting Anders below.

payroll tax