article thumbnail

Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

According to his plea agreement, Fulton and his company provided bookkeeping, accounting, and tax preparation services for Wayne Joseph Nix, 46, of Newport Coast, a former minor-league baseball player who for nearly 20 years ran an illegal bookmaking business. I sincerely apologize to both women for my behavior. It was inappropriate.”

article thumbnail

Sales Tax Updates: What’s new in sales tax for April?

TaxConnex

Local governments in this case contended that video-on-demand and pay-per-view programming should be taxed as tangible property due the definition including items that “can be seen, weighed, measured, felt, touched, or is in any other manner perceptible to the senses.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IRS Launches Tax Professional Awareness Week

CPA Practice

We continue to urge taxpayers who need help to reach out to a trusted tax professional, including those who work with recognized national organizations.” The IRS reminds taxpayers to make sure they choose a trusted, respected tax professional for help. For more information, visit Tax Professional Awareness Week.

Tax 111
article thumbnail

10 Best States to Pursue a Career in Accounting

CPA Practice

Minnesota Total Number of Accounting Jobs Available: 2997 Total Number of Finance Jobs Available: 2,130 Accounting and Finance Average Salary: $107,000 Average World University Rankings Accounting and Finance Score: 62.80 Finance Career Score /10: 9.65 2. Finance Career Score /10: 8.80 Distributed by Tribune Content Agency LLC

Account 104
article thumbnail

The accountant’s guide to state taxes on retirement income

ThomsonReuters

With Checkpoint Edge , our innovative tax research tool, you’ll get all the latest tax updates, commentary, and insights to help you stay one step ahead for state-by-state tax considerations. Blog Taxes on retirement income: Help for accountants advising clients.

article thumbnail

This Shady Chattanooga Accounting Firm Just Went Down in Flames and Still Owes Staff Months of Pay

Going Concern

If you are looking to hire any tax preparers, tax reviewers, client relationship staff, tax resolution staff, marketing staff, onboarding staff, IT staff, operations managers, business developers, etc. CROFT & FROST has decided to shut it’s doors, which leaves a lot of really great employees without a job.

article thumbnail

How to Safely Use ChatGPT for Your Tech Company Accounting

Shay CPA

Accounting use cases for ChatGPT Let’s look at a few ways companies are using ChatGPT to help with their bookkeeping, tax preparation, and more. #1: 3: Simplify tax law You can ask ChatGPT to tell you about applicable laws and to explain those to you. For example, “What state tax laws apply to my tech company in Minnesota?”

Account 52