Going Concern

NOVEMBER 1, 2023

What does it mean to be a best firm for women in the year 2023 anyway? That’s why programs like the Accounting MOVE Project are so important to identify firms that have a history of women in leadership and offer flexible career options,” said Cindy Stanley, Executive Director of the Accounting and Financial Women’s Alliance.

cpa firm 108

cpa firm CPA accounting degree accounting firms 108

CPA Practice

AUGUST 30, 2023

And it popped up at a session during the first day of the 2023 Unique CPA Conference, “Bridging the Gap,” in the Chicago suburb of Rosemont, IL, on Tuesday. Pretty much overwhelmingly they said it was because you have to have an accounting degree and a CPA, which isn’t true. You don’t have to be a CPA.

cpa firm 105

cpa firm CPA cpas Maryland 105

RogerRossmeisl

JUNE 5, 2024

After experiencing a downturn in 2023, merger and acquisition activity in several sectors is rebounding in 2024. The post Tax Tips When Buying the Assets of a Business appeared first on Roger Rossmeisl, CPA. If you’re buying a business, you want the best results possible after taxes.

Tax 263

Tax CPA cpa firm business tax 263

RogerRossmeisl

SEPTEMBER 29, 2024

in 2023, up from 5.9% The post The $7,500 Federal Tax Credit for Buying an Electric Vehicle at a Glance appeared first on Roger Rossmeisl, CPA. Electric vehicles (EVs) have become increasingly popular. According to Kelly Blue Book estimates, the EV share of the vehicle market in the U.S. It must have a battery capacity of at.

Tax 263

Tax CPA cpa firm 263

RogerRossmeisl

OCTOBER 30, 2023

And due to high inflation, the adjustments for 2023 were big. 179 deductions For qualifying assets placed in service in tax years beginning in 2023, the maximum §179 deduction is $1.16 The post Update on Depreciating Business Assets appeared first on Roger Rossmeisl, CPA. But if your business puts in service more than $2.89

Real Estate 264

Real Estate CPA Tax cpa firm 264

RogerRossmeisl

FEBRUARY 5, 2023

On 2/3/2023, the IRS issued Notice 2023-16 guidance that modifies the definitions of certain vehicle classifications for the new, previously owned and qualified commercial clean vehicle tax credits.

Tax 246

Tax CPA cpa firm business tax 246

RogerRossmeisl

NOVEMBER 20, 2023

The post IRS Outlines Withdrawal Process for Employee Retention Tax Credit (ERTC) Claims appeared first on Roger Rossmeisl, CPA. Employers that submitted an ERTC claim that’s still being processed can withdraw their claim and avoid the possibility of getting a refund for which they’re ineligible. The IRS created the.

Tax 262

Tax CPA cpa firm business tax 262

RogerRossmeisl

JANUARY 1, 2024

As reported via IR-2023-230 on 12/6/2023 As part of continuing efforts to combat dubious Employee Retention Tax Credit (ERTC) claims, the Internal Revenue Service is sending an initial round of more than 20,000 letters to taxpayers notifying them of disallowed ERTC claims.

CPA 257

CPA Tax cpa firm business tax 257

CPA Practice

FEBRUARY 5, 2024

Johnson, CPA, EA – 2023 “40 Under 40” Honoree Founding Partner J&F Advisors, PLLC www.jandfadvisors.com Career Highlights Ashley Johnson, a Founding Partner and strategic leader at J&F Advisors, PLLC, is committed to advancing the firm’s mission and elevating it among the top CPA firms in Detroit.

CPA 98

CPA Non-Profits accounting careers cpa firm 98

RogerRossmeisl

JANUARY 8, 2023

The credit generally applies to vehicles having >4 wheels that are placed in service from 1/1/2023 – 12/31/2032. The post Unpacking the Clean Vehicle Credits under IRA ’22 appeared first on Roger Rossmeisl, CPA. Who Qualifies You may qualify for.

CPA 246

CPA Tax cpa firm 246

RogerRossmeisl

SEPTEMBER 4, 2023

As reported in IRS News Release IR-2023-157 The Internal Revenue Service announced that starting 1/1/2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return. The new requirement for.

CPA 278

CPA Government Finance Tax 278

RogerRossmeisl

FEBRUARY 26, 2023

As reported in IR-2023-33 on 2/24/2023 Disaster-area taxpayers in most of California now have until October 16, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced last Friday. Previously, the deadline had been postponed to May 15, 2023 for these areas.

California 246

California Tax tax return CPA 246

RogerRossmeisl

JANUARY 12, 2023

On January 10, 2023, IRS news release IR-2023-03 announced that California storm victims now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments. The post California Storm Victims Qualify for Extended Tax Filing Deadlines appeared first on Roger Rossmeisl, CPA.

California 246

California Tax tax return CPA 246

CPA Practice

MARCH 31, 2023

Suttle & Stalnaker, PLLC, a full-service certified public accounting and consulting firm with offices in West Virginia, will celebrate 50 years of serving clients in and around the Mountain State in 2023. Through strategic growth and mergers, the firm currently operates offices in Charleston, Morgantown, and Parkersburg.

West Virginia 98

West Virginia cpa firm CPA Virginia 98

RogerRossmeisl

JANUARY 1, 2024

ERTC Voluntary Disclosure Program On December 21, 2023, the IRS announced a new Voluntary Disclosure Program for businesses who claimed the ERC erroneously. The post IRS Launches New Webpage with FAQs on ERTC Voluntary Disclosure Program appeared first on Roger Rossmeisl, CPA.

CPA 261

CPA Tax cpa firm business tax 261

CPA Practice

SEPTEMBER 12, 2023

I then looked at the 2023 article “ Top 8 challenges keeping small business owners up at night ,” by Becker’s ASC Review and found these topics. You could send a client survey to identify what they are interested in. Or, ask a search engine. For example, I asked Google, “What keeps mid-sized company owners up at night?”

cpa firm 115

cpa firm CPA accounting and finance cpas 115

Going Concern

JUNE 23, 2023

The CPA Journal ] Generation Z is beginning to enter the workforce, bringing with it a demographic shift that will affect every facet of American society, including the accounting profession. Expect 2023 enforcement against auditors to focus on quality control, culture, ethics and integrity. KPMG thinks AI will fix that.

cpa firm 105

cpa firm CPA auditor North Carolina 105

RogerRossmeisl

DECEMBER 26, 2021

GM promised 20 new EVs by 2023, yet they brought zero to the recent 2021 LA Auto Show. appeared first on Roger Rossmeisl, CPA. The disruption happening in the automotive industry is of an order of magnitude such that many OEMs simply will not survive. Who’s going to win when one company (or country).

CPA 244

CPA cpa firm Technology 244

RogerRossmeisl

FEBRUARY 18, 2024

For 2024, a participant who earned $150,000 or more in 2023 is a highly compensated employee. appeared first on Roger Rossmeisl, CPA. Employers with 401(k), 403(b) and 457(b) plans can opt to offer PLESAs to non-highly compensated employees. Here are some more.

accounted 203

accounted Account accountant CPA 203

CPA Practice

JUNE 29, 2023

Suttle & Stalnaker, West Virginia’s largest locally owned CPA firm, has merged with Huntington-based Somerville & Company, PLLC, effective August 1, 2023. The combination of the strength of both firms will enhance the support of and service offerings to local businesses and organizations.

West Virginia 52

West Virginia Virginia cpa firm CPA 52

Steve Feinberg

NOVEMBER 29, 2023

That’s why we’re proud to announce that Appletree is the recipient of the Clutch Global and Clutch Champion awards for 2023 in recognition of our commitment to excellence in the small business accounting services field. Clutch stands as the authoritative global marketplace for B2B service providers.

New Hampshire 98

New Hampshire bookkeeping cpa firm cpas 98

Going Concern

NOVEMBER 8, 2024

We’re still getting a lot of recruits who are remote and coming from the big firms who are just burnt out. They don’t even have time to sit for their CPA exam because they’re working so many hours.” “It made recruiting a lot easier,” Rojas says. Lovesac to settle accounting violation suit brought by SEC for $1.5

Florida 98

Florida Mississippi audit auditor 98

Accounting Insight

FEBRUARY 20, 2023

Several factors contribute to the shortage, like mid-career CPAs changing professions, or early retirements spurred by the pandemic. We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPA firms to consider. Especially considering the rigorous requirements for CPA eligibility.

cpa firm 52

cpa firm CPA accounting careers Technology 52

Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. CPA at UHY Group Mark Welsh tells 47ABC that recruiting slowing down has meant firms are turning to AI, Bots, and international workers to help fill demand, raising prices as much as ten percent for end-users.

CPA 111

CPA quickbooks Real Estate auditor 111

CPA Practice

MARCH 2, 2023

She collaborates closely with the leadership team to develop to implement initiatives that advance the firm’s strategy by unlocking the power of its more than 35,000 professionals, improving employee and partner experiences, and strengthening culture. ©2023 Quartz Media Inc. This article was originally published in Quartz.

cpa firm 75

cpa firm CPA accounted Account 75

Going Concern

JANUARY 6, 2023

Wooooo it’s the first Footnotes of 2023! 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. Challenges And Opportunities For Accounting Departments In 2023 [ Forbes ]. As part of the transaction, all Arnold Group team members joined KPMG when the acquisition closed on January 1, 2023. ” Employment.

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

CPA Practice

NOVEMBER 15, 2024

Brown Plus Welcomes New Team Members Leading accounting and advisory firm,Brown Plus, recently announced the addition of four new team members to its office in Camp Hill, Pennsylvania: Devin Brown, CPA, MBA, rejoins Brown Plus as an Audit Senior Manager. We’re excited to welcome Devin back to Brown Plus!

audit 111

audit Pennsylvania accounting and finance Healthcare 111

CPA Practice

APRIL 20, 2023

We believe the significant CPA firm publishers will extend the tools you routinely use with AI capabilities in 2023 and beyond. In the last few months, I’ve been reflecting on how your firm could use AI to improve business development, client experience, staff retention & recruitment, and other operations in your CPA Firm.

Technology 124

Technology cpa firm CPA quickbooks 124

CPA Practice

AUGUST 23, 2023

State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S. TSCPA is the premier professional association for CPAs in Tennessee,” said Kara Fitzgerald, CPA, President/CEO of TSCPA.

Tennessee 75

Tennessee cpas CPA Education 75

CPA Practice

MAY 4, 2023

Fortune recently released its 26th annual ranking of the 100 best companies to work for , and the business magazine’s list for 2023 includes seven of the top 15 biggest accounting firms in the U.S. In June the SEC issued EY a $100 million fine after employees were found to have cheated on the CPA ethics exam.

cpa firm 59

cpa firm CPA accounting firms Healthcare 59

CPA Practice

SEPTEMBER 25, 2023

Boston, Massachusetts Zachary Smargon, CPA, MSA, of South Boston, MA, has been promoted to Manager in the assurance practice. Woburn, Massachusetts Amanda Auriemma, CPA, of Wakefield, MA, has been promoted to Manager in the assurance practice. Shaun Cote , CPA, of Nottingham, NH, has been promoted to Senior Manager in the tax practice.

New Hampshire 105

New Hampshire Massachusetts CPA Maine 105

CPA Practice

AUGUST 12, 2024

Top 200 accounting firm Honkamp merged in Brems Group, a CPA firm with offices in Cedar Rapids and Coralville, Iowa, effective Aug. Dubuque, Iowa-based Honkamp said the new locations in Cedar Rapids and Coralville will increase the firm’s ability to provide CPA and business advisory services to even more clients.

Iowa 105

Iowa cpa firm cpas CPA 105

CPA Practice

SEPTEMBER 7, 2023

Enter Financial Cents’ groundbreaking event, WorkflowCon 2023, the inaugural conference designed specifically for accounting and bookkeeping firm owners seeking to revolutionize their workflows. In her keynote presentation, she will delve into the critical role of getting workflow management right to scale your firm.

accounted 72

accounted Account accountant bookkeeping 72

CPA Practice

JUNE 8, 2023

The Illinois CPA Society, one of the largest state associations in the nation serving the certified public accountant community, has announced the recipients of its 2023 Lester H. The following honorees will be recognized at the ICPAS Leadership Recognition and Awards Dinner on June 8, 2023, in Chicago. McKeever Jr.

Illinois 52

Illinois CPA accounting and finance Washington 52

CPA Practice

JULY 31, 2023

He is a licensed CPA and a member of ACG San Francisco. Li Joins CohnReznick as Tax Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Angel Li has joined the firm as a partner in its Tax practice. She is a licensed CPA.

Real Estate 97

Real Estate West Virginia Manufacturing public accounting 97

Dent Moses

SEPTEMBER 20, 2024

In Q4 of 2023 and Q1 of 2024, congressional leaders and professional associations made efforts to extend the deadline to make the initial and annual filings. 5119) that would extend the reporting deadline by one year passed the House 420-1 in December 2023, before stalling in the senate. Click this link to see the original post.

cpa firm 98

cpa firm Legal CPA Tax 98

RogerRossmeisl

JANUARY 1, 2024

As reported via IR-2023-247 on 12/21/2023 As part of an ongoing initiative aimed at combating dubious Employee Retention Tax Credit (ERTC) claims, the Internal Revenue Service launched a new Voluntary Disclosure Program to help businesses who want to pay back the money they received after filing ERTC claims in error.

CPA 130

CPA Tax cpa firm business tax 130