TaxConnex

JANUARY 2, 2024

This means states have the authority to assess the sales or use tax as far back in time as it was applicable. However, in most states, the administrative policy is to “look-back” only 7 years in determining prior period liability for an unregistered business.

Sales 225

Sales Tax financial statements audit 225

Going Concern

MARCH 13, 2024

Perhaps it’s a small blessing to get culled from the current s**t show, this thing ain’t going away. As part of the restructure back office and other support functions that have been split between the firm’s three divisions – consulting, assurance and financial advisory – will be centralised.

Government 117

Government Tax Sales 117

Going Concern

JANUARY 18, 2023

The question of what would motivate you to go back to the office has been asked before, in a multitude of ways, and each time the answer(s) are along a predictable spectrum ranging from “nothing, I’m not going back” to “let’s see the partners return to office first.” I heard that works.

Account 120

Account accountant accounted 120

Going Concern

FEBRUARY 5, 2024

View this post on Instagram A post shared by The Aussie Corporate (@theaussiecorporate) This set includes: Don’t “circle back” Do Talk straight [Take your own advice here, Big D] Don’t “run it up the flagpole” Dare to boldly go work on a floor you’ve never been to before.

128

128

ThomsonReuters

MARCH 5, 2024

Rose feels that a number of the payroll provisions “are going to create some compliance costs” for businesses since there would be new forms and publications with new instructions for employers to follow if withholding tables and the use of allowances are reverted back to the way they were before the TCJA became law.

Tax 98

Tax payroll Expense Reimbursements Gaming 98

Going Concern

APRIL 20, 2024

Some time last year I noticed more and more practitioners and firm owners on #TaxTwitter expressing a desire to take a step back and sort out the problem clients before filing season hits. F in the Chat For All the Clients Losing Their CPAs to Higher Fees This Year So how’d it go? appeared first on Going Concern.

Tax 107

Tax tax preparation cpas Account 107

Going Concern

APRIL 3, 2024

Remember a couple years back when people started talking about return-to-office and a year or so after that when Big 4 accountants everywhere asked how their firms could require them back in the office given so many of them had downsized office space during the pandemic?

Government 104

Government Account accountant accounted 104

Going Concern

DECEMBER 29, 2023

The barely anticipated year-end phoning in of content look back on what news was important to Going Concern readers and Google visitors in 2023. This ranking is derived from analytics data thus is more trustworthy than the editorial team trying to remember what story was big back in March. It’s here!

auditor 109

auditor Florida audit 109

Going Concern

JUNE 16, 2023

Not everyone has the space or money for a professional desk setup at home, and this could mean hours spent every day with an arched back and neck strain. Years of working this way could throw your spine off balance and pull your torso in front of your hips, leading to a hunched-back appearance. Her eyes are shot, too.

Education 134

Education Start-ups Sales Technology 134

Going Concern

APRIL 22, 2024

Probably not, that’s why they’re always suing audit firms when companies go bust with millions of dollars of fraud hidden in plain sight on their balance sheets. I was once that person, and looking back, I am shocked by the responsibility I had, given my lack of experience at the time. I dunno, you guys.

audit 117

audit auditor financial statements Education 117

Going Concern

APRIL 2, 2024

Hope no one brings any spirits back should they visit on their lunch break. PwC signs 141K sf lease at Santana Row in San Jose [ The Real Deal ] The post PwC Signed a 141,000 Sq Ft Lease For a New Office in San Jose appeared first on Going Concern. It is however a nine minute walk to the Winchester Mystery House.

Real Estate 109

Real Estate accounting firms Account accountant 109

CPA Practice

APRIL 18, 2024

Administrative professional: These are people who work in finance, HR, quality assurance, IT (although IT has its own exceptions), public relations, and other areas that keep the business going but don’t necessarily manage others. You’d have to pay back overtime, court costs, and fees. These are not “admin” roles. Track those hours.

accounts payable 119

accounts payable accounting and finance audit Maine 119

CPA Practice

APRIL 25, 2024

And I want to help you think this through because many of you are experiencing staff shortages, and don’t have access to good professionals, you’ve got increasing costs in your own marketplace, you’re probably having a change management with so much technology change going on and looking to deploy innovative solutions.

Technology 111

Technology audit Account accountant 111

CPA Practice

APRIL 15, 2024

Should a retired CPA want to go back into public practice, the bill allows for reactivation of their license. This allows individuals who have had long and distinguished careers to continue serving, without compensation, on boards or in other mentoring or advisory roles for certain specified charitable or civic organizations.

Florida 115

Florida cpas CPA public accounting 115

Going Concern

OCTOBER 10, 2023

percent, the highest it’s been since the firm started sharing the number a few years back. Going a little further back, comp and benefits as a percentage of revenue was 46.2 The post Here’s How Much Deloitte Spends on Compensation As a Percentage of the Firm’s Revenue appeared first on Going Concern.

audit 113

audit Start-ups Government Account 113

Going Concern

DECEMBER 13, 2023

Before I look back on what I think were the best posts (ranked arbitrarily by me), allow me to resurrect this post from January 7: Let’s Start the Year Off With Some Doomsaying Predictions For the Profession in 2023. It’s back now. A Going Concern Special Investigative Report: Why Does NASBA’s CPA Merch Suck So Bad?

Minnesota 109

Minnesota CPA Start-ups audit 109

Going Concern

JANUARY 17, 2024

In 2021, he said he wanted to “ create a buzz around returning to the office ,” luring his people back with the promise of human contact we were all starved for in 2020. He added: “The latest wave of AI will likely bring people back to the office. You’re freeing people up to do more. That’s not very high performer of you, Kev.

Start-ups 73

Start-ups Technology Account accountant 73

Going Concern

NOVEMBER 12, 2023

Fresh off the rumor mill via the tip box: Forvis, in its laughable quest for global domination (WE DONT WANT TO BE THE BIG 4), is going to announce another merger/acquisition this week, presumably to leapfrog GT and BDO in the Americas or establish significant footing overseas. Going by the IPA numbers that means a $1.1 billion and $2.3

Missouri 128

Missouri auditor audit Gaming 128

Going Concern

MARCH 5, 2024

However, any would-be jumpers should know the colleagues they leave behind will continue to disparage them behind their back for years to come. And you probably won’t be invited back. Marjorie Rollinson has a helluva resume And now she’s back at the IRS. Sometimes it’s worth it to stick it out.

Legal 109

Legal accounting and finance Finance Tax 109

Going Concern

OCTOBER 18, 2023

In July 2022 Giampietro spoke to another HR rag we don’t read about how the firm was herding its people back under the fluorescent lights. And here’s where we’re at today: Last year, Giampietro and his team sought to understand “what else was holding people back from coming together,” besides upticks in Covid-19.

Washington 104

Washington 104

Going Concern

APRIL 4, 2024

” We’ll go ahead and assume any firms currently using 365 with Teams will continue to do so because accountants deplore change. The post You Might Not Be Using Microsoft Teams Much Longer appeared first on Going Concern.

Government 107

Government Account accountant accounted 107

Going Concern

JANUARY 25, 2024

In some cases so high that clients are pushing back, going their own way (rather, threatening to…they’ll be back), or shopping around for someone new. Oblivious Investor My tax guy just told me he’s going to be charging about 40% more this year for our return, relative to what he charged for the last several years.

cpas 123

cpas tax preparation tax return CPA 123

Going Concern

JANUARY 23, 2024

That study was about how to con people into going back to the office, not about making them feel like work has some sort of meaning: “Return to office” plans have been making headlines since mid-2020. Buckle up, we’re going back in. The 82% figure referenced by Forbes comes from a 2022 McKinsey study.

Hospitality 113

Hospitality Start-ups Gaming 113

Accounting Insight

DECEMBER 4, 2023

I’ve never looked back! As an industry we need to keep looking forwards, not back. If we are going to successfully support the next generation, we need to embrace what is important to them. What do you love most about what you do? I love meeting lots of different and interesting business owners.

accounting and finance 105

accounting and finance Finance Start-ups Account 105

Going Concern

AUGUST 7, 2023

They may be interns now but if they’re going to be seniors some day they need to learn how to carry on a SFW conversation with their colleague Tammy about her cat Paw McCartney. “We People are going to want to learn from others face to face, and the best way a human can differentiate themselves from a robot is in person.”

payroll 97

payroll Account accountant accounted 97

Going Concern

JANUARY 4, 2024

Working back from 2021: 2021 2020 2019 Note: It was 2017 when AICPA & CIMA joined together “to forge a powerful international alliance that promotes accounting and finance in every corner of the world.” Buckle up, the next few years are going to be fun.

accounting and finance 108

accounting and finance public accounting Account accountant 108

Going Concern

DECEMBER 26, 2023

We-don’t-want-anyone-to-stab-you-with-a-dull-and-poorly fashioned-shiv-in-the-parking-garage-out-back-because-we-need-you-to-work-this-weekend-and-we-know-your-health-insurance-sucks” gift. You can see where this was going. The post Accounting Firm Holiday Parties Used to Be Wild appeared first on Going Concern.

accounting firms 112

accounting firms Account accountant accounted 112

Going Concern

AUGUST 9, 2023

EY pushback date + 5k Stipend by u/New-Application-4467 in Big4 OP was supposed to start in April 2023, then pushed back to July, now pushed back again to March 2024. Deferred start dates might not be the worst thing in the world (if you have a safety net) , go out and live a little before you enter the gauntlet.

Start-ups 96

Start-ups 96

Going Concern

JUNE 24, 2022

So we are starting to see in a lot of parts of the world things opening back up. The post Being Home During Lockdown Shifted Accountants’ Priorities, Says Lady appeared first on Going Concern. How the Great Resignation has affected the accounting profession [ Journal of Accountancy podcast ].

Account 113

Account accountant accounted CPA 113

Going Concern

APRIL 23, 2024

Meanwhile, back in our current decade, PwC firms around the world reported record gross revenues of $53.1 The post The PwC Partner Class Will Be Much Smaller This Year appeared first on Going Concern. This represented a doubling of global advisory revenues in the five years leading up to 2014. Advisory grew by 13% in FY23 to $22.6

public accounting 107

public accounting Education Tax accounting firms 107

Going Concern

APRIL 15, 2024

This year they also wrestled the title of Most Prestigious back from last year’s #1 firm Deloitte. The post PwC Is the Best, Prestige-iest Accounting Firm on the Vault Accounting 25 appeared first on Going Concern.

accounting firms 113

accounting firms Account accountant accounted 113

Summit CPA

FEBRUARY 5, 2024

At the end of the day, they get the thing and go home, a changed person. It affects us whether we realize it or not: When we talk to a colleague, a client, a peer, or an investor, it always comes back to story. A Conversation with Jeff Bartsch Someone wants something: love, money, success, happiness. Story isn’t just a ‘nice to have.’

CPA 105

CPA Account accountant accounted 105

Going Concern

OCTOBER 4, 2023

This is a great way for our members to give back to the profession and volunteer their time to talk about the career opportunities available in accounting,” said Tammy Hofstede, WICPA president and CEO. The post Wisconsin Is Putting Its CPAs to Work For ‘CPA Appreciation Month’ appeared first on Going Concern.

Wisconsin 123

Wisconsin cpas CPA public accounting 123

Going Concern

OCTOBER 25, 2023

Today we’re going to look at CPA exam candidate numbers. Let’s look at the data going back to 2006. The smaller decrease in 4th sections passed (3.6%) suggests that there may be people with some sections passed who are motivated to finish the exam before 2024 if we analyze historical decreases going back to 2016: 5.6%

CPA 127

CPA accounting degree cpas Start-ups 127

Withum

SEPTEMBER 20, 2023

If you’re going to do good, just do good.” What you have been given, give back.” Ed was inspired by Bill Hagaman’s scholarship contributions to Stockton University and the intentional efforts to give back at Withum. There are more ways to give back than donating money. Her advice? “If

New Jersey 116

New Jersey CPA Education Account 116

Going Concern

JUNE 23, 2022

So not knowing if I was going to find something else sooner or later, I called HR at EY and told them what had happened and expressed interest in coming back. This time HR was not so receptive and hit me with a “we’ve been working so hard to have you back. I replied, “I’m sending my stuff back today. Got something to say?

public accounting 108

public accounting Account accountant accounted 108

CPA Practice

DECEMBER 1, 2023

So what this, what this will do is you can go through and you can, you can have data, that’s the you know, get it surround, it’s, it’s all built around Excel, so it’s approachable. With direct links to the data that we show in Excel that link back to the PDF. And it will do that on an automated basis.

Technology 98

Technology auditor audit CPA 98