Government public accounting Tax 
CPA Practice
OCTOBER 17, 2024
State and local governments are being squeezed by a shortage of accounting professionals, making it difficult at times to find staff CPAs who can prepare critical financial information or outside firms to conduct audits. But accountants who do government work face unique challenges that require more specialized solutions.
CPA Practice
NOVEMBER 4, 2024
million to the Internal Revenue Service after a rare IRS audit of the state found it owed millions of dollars in taxes in 2020. Samuel Handwerger, a Certified Public Accountant who teaches at the University of Maryland’s Robert H. If you go over,” Krahel added, “then you have to pay taxes on those extra contributions.”
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Going Concern
NOVEMBER 8, 2024
PwC accused of interfering in Australian tax leaks probe [ Financial Times ] PwC has been accused of interfering in Australia’s political and regulatory affairs after documents revealed the Big Four accounting group warned its local firm against co-operating with investigations into a damaging tax leaks scandal without permission.
Going Concern
JANUARY 1, 2025
Beneficial owner reporting The fact that public accounting partners steer the CPA credential and do so in a way adverse to CPAs – i.e. big 4 and others would rather have a flood of CPAs with little to no barrier than increase the incentives/pay to get more CPAs The regulatory environment is driving people away from the profession.
Going Concern
OCTOBER 21, 2024
Financial reporting data has become extremely structured and repeatable across all enterprises because it’s guided by the standards set out through generally accepted accounting principles (GAAP), which are governed by the Financial Accounting Standards Board (FASB). Everybody measures the same things, in the same way.
Going Concern
JANUARY 3, 2025
Bench to be acquired after abruptly shutting down [ TechCrunch ] Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned.
CPA Practice
OCTOBER 14, 2024
Here are the rules and expectations: Candidates should be working in the accounting field, or supporting the field (public, private, tax preparation, consulting, academia, government) and have not turned 40 as of Oct. Multiple nominations do not enhance a candidate’s chances. Nominees must have not turned 40 by Oct.
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