article thumbnail

Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

Among them was the Employee Retention Credit, a tax benefit that was created as part of the initial $2 trillion pandemic relief legislation. Although the public health emergency is over, taxpayers can continue to apply for the tax credit until 2025. The reshuffle goes into effect on July 1. ‘No

article thumbnail

What is an IRS CP14 notice? Options for balance due for unpaid taxes

MyIRSRelief

The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is an IRS CP14 notice? Help options for balance due for unpaid taxes

MyIRSRelief

The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?

article thumbnail

Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

“With our world rapidly changing, it’s just one of the ways that we’re trying to respond to everything going on across the industry,” Sanders said in an interview with Bloomberg Tax. She’s spent more than two decades at AT&T, steadily working her way up to the C-suite from a role as an accounting manager. PCAOB Chair Erica Y.

Oregon 79
article thumbnail

US Local Governments And The Slow Death Of The Check

PYMNTS

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. We issue checks when a citizen doesn’t designate direct deposit and provide account information.

article thumbnail

Accounting Top 100 Social Media Leaderboard – Jan. 18, 2023

CPA Practice

You won’t want to miss the highlights from the latest Top 100… Coming in at #1 this release, is CPA, Jason Staats ( @jstaatscpa on Twitter), Partner at Brenner & Company, LLP , Certified Public Accountants out of Willamette Valley and other locations in Oregon. based out of Winnipeg, Manitoba, Canada.

Account 115
article thumbnail

Los Angeles-Based CPA Firm Receives High Praise from Accounting Today

KROST

. – KROST CPAs and Consultants, Los Angeles-based firm, receives two new accolades from Accounting Today , Top 100 Firms, and Fastest-Growing Firms in the U.S. 11 on the Regional Leaders on the West Coast which includes firms in California, Nevada, Oregon, and Washington. Additionally, the firm ranked No. KROST ranked No.