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Rosen is a member of the AICPA Tax Section and is a past member of the AICPA Trust, Estate and Gift Technical Resource Panel and Tax Reform Resource Task Force and has more than 43 years of experience in public accounting, speaks locally and nationally on taxplanning and related issues and has published more than 100 articles.
Jason Bramwell Mergers and Acquisitions July 7, 2025 Ascend Adds Accounting Firms in New York, NorthCarolina Ascend has expanded its presence on the East Coast by adding two more accounting firms to its platform—Tronconi Segarra & Associates in Williamsville, NY, and BGW in Charlotte, NC—effective July 1.
CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an incometax return. For a decade, he did not file federal incometax returns nor pay taxes owed despite earning more than $7.7 Philadelphia: Tax preparer James J.
Whitman also has not filed an individual incometax return since 1997 and has made no tax payments since 2000. In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect. All rights reserved. million home. Herman Estes Jr. In March 2023, Estes made a $1.3
The upgraded incometax return solution now includes enhanced client onboarding workflows that allow firms to create multiple engagements in bulk to accelerate onboarding. By Jeff Stimpson June 5 Practice management DMJPS expands in Charlotte NorthCarolina Regional Leader DMJPS is adding Potter & Co.
in Fayetteville, NorthCarolina, (effective Jan. San Jose, California: Execs Lalo Valdez and Matthew Olson have pleaded guilty to not paying over employment taxes to the IRS. All rights reserved. Schmitz, San Antonio, indefinite from March 11, 2025. West Virginia: CPA George W. Jordan, Harpers Ferry, indefinite from Dec.
Jason Bramwell Mergers and Acquisitions July 7, 2025 Sorren Adds Williams Overman Pierce in NorthCarolina Sorren, which formed last spring and is comprised of 13 accounting firms across the U.S., has added a 14th firm to its roster—Raleigh, NC-based Williams Overman Pierce.
News Tax firm owned by Anne Arundel lawyer found liable in unjust enrichment case [ Maryland Daily Record ] An accounting firm owned by Glen Frost, the founder of one of Anne Arundel Countys largest law firms, was found liable for unjust enrichment and ordered to pay more than $680,000 after a jury trial last month.
This year, Asheville, NorthCarolina, emerged as a powerful example of the firm’s values in action. The second annual event included more than 2,600 team members who contributed over 10,500 volunteer hours in their communities, helping unlock the potential of nonprofit and civic organizations across the country.
It was later expanded to include 25 states, including California, New York, Florida, Texas, Illinois, NorthCarolina and Pennsylvania. Residents of these 25 states reporting W-2 wage income, Social Security income, retirement income, and other credits and deductions are able to use the free service.
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Newcomer NorthCarolina began with income-based prioritization but quickly expanded under political pressure or demand, while Alabama and Louisiana will launch ESA programs in 2025-26 using general state revenues.
1 Spot on CNBC’s Top States for Business List NorthCarolina bested Texas, Florida, Virginia and Ohio to finish No. 1 Spot on CNBC’s Top States for Business List NorthCarolina bested Texas, Florida, Virginia and Ohio to finish No. In 2025, NorthCarolina finished No.
The oil and gas industry operates in an extremely complex and ever-evolving tax environment , one that presents a multitude of challenges for those involved in taxplanning and compliance efforts. In most cases, severance taxes can be deducted from a company’s federal corporate incometax.
Tax savings and credits provide an even better package to align your ideals and principles with like-minded companies. As you continue to provide your client advisory services and taxplanning , consider ESG to be part of the conversation. Department of Health and Human Services, and the U.S. Department of Labor.
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What to know: Harris didn’t release a new taxplan. Tip compliance – the tax process for expected earnings from tips – has become a political football in Nevada, with federal lawmakers from both parties piling in to co-sponsor bills or present their vision for how tax exemption for tips should work.
million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces? million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?
million – $4,999,999 $5 million – $10,000,000 Over $10 million What software or tools are you using to manage your engagements, or how does your team currently manage client engagements and reporting processes?
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