MyIRSRelief

MAY 22, 2023

Chicago, Illinois is home to numerous businesses and individuals who may face tax-related challenges such as tax audits, back taxes, and payroll tax problems. In this article, we will explore the benefits of professional tax help for Chicago taxpayers facing tax audits, back taxes, and 941 payroll tax problems.

payroll tax 147

payroll tax payroll audit Tax 147

CPA Practice

JUNE 12, 2023

The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—has presented Daniel F. In addition, he served multiple terms on the ICPAS Board of Directors, of which he is a former chairperson, and the CPA Endowment Fund of Illinois Board of Directors.

Illinois 105

Illinois CPA Florida income tax 105

CPA Practice

NOVEMBER 11, 2024

Reducing audit risks and penalties: Discover how automation ensures accuracy, minimizes late fees, and streamlines notice management. Enhancing client service: Improve accuracy, reduce risks, and offer audit protection to your clients. Gail is a graduate of Indiana University where she earned a bachelor’s degree in journalism.

Tax 116

Tax Indiana Technology CPA 116

PYMNTS

APRIL 29, 2020

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin told The Wall Street Journal. But Tuesday night, Mnuchin told the paper all loans will be audited.

audit 141

audit Pennsylvania Illinois payroll 141

TaxConnex

JANUARY 28, 2021

The Illinois Department of Revenue issued a general information letter discussing the sales and use taxability of web-based service. Alaska still has no state-wide sales tax, but the state’s local jurisdictions have formed the Alaska Remote Seller Sales Tax Commission for a streamlined administration of sales tax collection and remittance.

Sales 233

Sales Alaska Tax Illinois 233

MyIRSRelief

AUGUST 2, 2024

This dichotomy creates a complex tax landscape for cannabis businesses, particularly concerning compliance, audits, and the infamous Section 280E of the Internal Revenue Code (IRC). Navigating Audit s IRS Audits The IRS has made it clear that cannabis businesses are a priority for audits.

audit 130

audit Tax Nevada Colorado 130

CPA Practice

APRIL 21, 2023

The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA community through a variety of prestigious awards. Knight, CPA – Porte Brown LLC | Audit and Assurance Committee Daniel R.

Illinois 98

Illinois CPA accounting principles cpas 98

MyIRSRelief

JULY 3, 2023

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

audit 130

audit North Carolina Oklahoma Ohio 130

CPA Practice

MAY 15, 2023

The Illinois CPA Society (ICPAS), in partnership with the ICPAS Women’s Committee, presented the recipients of the prestigious 2023 Women to Watch Awards at the ICPAS Women’s Leadership Forum last Friday, May 12, 2023, in Chicago, where they received their awards and participated in a panel discussion on advancing women in the accounting profession.

Illinois 111

Illinois CPA accounting and finance tax consultant 111

TaxConnex

AUGUST 25, 2022

Audits are a clear danger. If you and your company haven’t been hit with a sales tax audit yet, congrats. more than one in four top professionals in varied industries reported seeing an increase in state sales tax audits in the past two years. Not someone who will ask you to take a number and wait for a response.

Sales 243

Sales Tax audit Wisconsin 243

TaxConnex

MARCH 10, 2022

Illinois began requiring remote sellers with economic nexus?and and marketplace facilitators to start collecting the Illinois State and Local retailer’s occupation tax. Now that the pandemic helped them discover just how lucrative sales tax can be, states and jurisdictions are also intensifying sales tax investigations and audits.

South Dakota 262

South Dakota Sales Tax Maryland 262

Going Concern

AUGUST 16, 2022

In Illinois, they’re taking a unique step to mitigate at least one of those factors: bumping the requirement to sit for the exam down to 120 units. The post Illinois Will Soon Let You Sit for the CPA Exam With 120 Units, Should All States? Effective January 1, 2023, you only need 120 to sit. appeared first on Going Concern.

Illinois 98

Illinois CPA accounting degree cpas 98

Going Concern

JANUARY 12, 2024

million in audit fees in 2022.) How did Deloitte, the auditing heavyweight watching over Tingo’s books, miss a scam that Hindenburg, an outsider, called out as painfully obvious? Audit Do former regulators improve the quality of audits? Audit Do former regulators improve the quality of audits? Tingo paid $1.6

audit 111

audit auditor Illinois CPA 111

Going Concern

DECEMBER 9, 2022

For this article, we selected four positions in audit and four in tax. For example: Audit associates in Colorado are expected to see a raise of between 7.1% In Georgia, audit managers and tax managers are expected to see salaries rise 22.2%, while tax directors are projected to have a bump in pay between 7.1% Audit senior.

accountant salary 110

accountant salary public accounting Colorado Georgia 110

TaxConnex

NOVEMBER 1, 2022

Let’s say a supplier/distributor in Arkansas sells to a retailer in South Carolina and drop ships to the retailer’s customer in Illinois. The Arkansas supplier/distributor has nexus in Illinois and is registered for sales and use tax purposes in Illinois. These forms are especially important in sales tax audits.

Sales 130

Sales South Dakota South Carolina Illinois 130

Withum

MARCH 18, 2025

Withum is proud to announce that Anni Chen , Audit Manager and CPA, has been nominated for CalCPAs Experienced Leader Award. Chen completed her Master of Science in Accountancy at the University of Illinois at Urbana-Champaign (UIUC). Anni Chen has done so much for Withums San Francisco office and the Firm as a whole.

CPA 59

CPA cpas public accounting Illinois 59

CPA Practice

JANUARY 2, 2024

Founded in 1968, PKF Mueller has offices in Elgin, Chicago and Orland Park, Illinois, as well as an office in Sarasota, Florida. The acquisition strengthens Cherry Bekaert’s reach in the Illinois market, supporting the Firm’s strategic growth plans. Tang joins the firm from Marcum Asia CPAs LLP where he served as an Audit Partner.

Illinois 114

Illinois E-commerce Pharmaceutical Real Estate 114

TaxConnex

DECEMBER 22, 2020

The year kicked off with some bold predictions of economic nexus laws continuing to change as more states were poised to enact economic nexus rules and marketplace facilitator laws started to proliferate (among them Hawaii and Illinois, with North Carolina to follow a month later). End of year and a new normal. Learn more here.

Sales 147

Sales Tax North Carolina Michigan 147

CPA Practice

MAY 25, 2023

The Illinois CPA Society (ICPAS) has presented its Outstanding Educator Award to two Illinois accounting faculty as part of its 2023 awards program. Jurgens’ courses include financial accounting, managerial accounting, intermediate accounting, and auditing. Madeline K. Trimble, Ph.D., where she’s taught since 2016.

Illinois 52

Illinois CPA intermediate accounting managerial accounting 52

CPA Practice

AUGUST 6, 2024

Brown Plus Welcomes Four New Team Members Leading accounting and advisory firm,Brown Plus, recently announced the hiring of four new team members: Michael Corona started with Brown Plus as an intern and is now an Audit Associate. He graduated from York College with a Bachelor’s degree in Accounting. In 2019, Sikich established the James A.

Pennsylvania 105

Pennsylvania Illinois accounting internships Ohio 105

TaxConnex

SEPTEMBER 7, 2023

Illinois greenlights exemptions for churches, licensed not-for-profit day care centers, arts and cultural not-for-profits, schools and seniors’ organizations, to name a few, but not for American Legions; chambers of commerce; Elks, Lions and Rotary clubs; VFWs; or unions/trade associations. How important are these certificates?

Sales 147

Sales Tax Non-Profits North Carolina 147

Anders CPA

JANUARY 23, 2023

Jones, CPA in audit and assurance to principals at the firm. in Accountancy from Southern Illinois University Edwardsville. in Workforce Development and Training from Southern Illinois University, Carbondale before achieving her Master’ in Healthcare Administration from Lindenwood University. Merella received her B.S.

Missouri 19

Missouri Real Estate Illinois public accounting 19

CPA Practice

JUNE 6, 2023

The Illinois CPA Society (ICPAS) has announced its third class of Strategy Academy graduates.

Illinois 52

Illinois CPA cpas accounting and finance 52

CPA Practice

OCTOBER 29, 2024

She has more than a decade of experience providing sustainability reporting and assurance services coupled with nearly 20 years of experience providing audit and internal control opinions on financial information. Melody most recently served as the practice leader for a global advisory firm’s broker-dealer audit advisory service line.

Real Estate 52

Real Estate audit Manufacturing Healthcare 52

Going Concern

MAY 9, 2024

Bain Capital’s PR people announced this morning that BC is putting $250 million into Top 30 firm Sikich (which we always want to type out as Sickish), an investment only slightly less than the Naperville, Illinois firm’s last reported revenue of $316,397,417 (per the IPA Top 500 ). That’s quite the growth bet.

Illinois 105

Illinois Washington California Government 105

Going Concern

FEBRUARY 23, 2024

An EY audit shows that KPMG investigated the wrong Paladin entity,” O’Neill told officials from Chartered Accountants Australia and New Zealand, an oversight body. audit, tax and advisory firm, began leasing office space at Armada Hoffler Tower in Town Center of Virginia Beach in December. Audit ‘Audits matter.’

CPA 105

CPA Illinois auditor Iowa 105

TaxConnex

FEBRUARY 16, 2023

Companies struggle to keep up with the ever-changing tax rules across state, county and city jurisdictions including states like Alaska, Illinois, Colorado and others with locally administered taxes. Again, most companies (57%) use internal resources to calculate the amount of sales tax to add to their invoices. Manual, cumbersome processes.

Sales 130

Sales Tax Alaska Missouri 130

Going Concern

FEBRUARY 24, 2023

If a CPA in Minnesota serves clients in Illinois, they will need to do the following: Submit all college transcripts, experience verification documentation, and exam scores to NASBA to determine if the licensee’s initial licensure qualifications meet the requirements to practice in Illinois.

Minnesota 98

Minnesota Illinois cpas CPA 98

Going Concern

MAY 20, 2024

Today the EY organization has announced new technology capabilities and a global Artificial Intelligence (AI) Assurance framework for EY professionals as part of a multi-year, technology driven audit transformation program which is supported by plans to align approximately 9,000 Technology Risk professionals to the Assurance service line.

audit 105

audit auditor Account accountant 105

CPA Practice

MAY 10, 2024

The Illinois CPA Society (ICPAS) , one of the largest CPA societies in the U.S., and Sales Tax Institute Emerging Leaders • Amy Sexton | Manager, Wipfli LLP • Kelsey Straub, CPA | Audit Senior Manager, Deloitte & Touche LLP Lester H. recently announced the 2024 Outstanding Leadership Award Recipients. Larry J. . McKeever Jr.

CPA 64

CPA Illinois Kansas Oklahoma 64

Accounting Today

JANUARY 17, 2025

Two leaders exit SEC; Illinois CPA Society welcomes largest class of Mary T. Washington Wylie Internship Preparation Program scholars; and more news from across the profession.

Illinois 52

Illinois audit Washington CPA 52

Going Concern

AUGUST 24, 2023

The AICPA and several state societies have cited a study by the Illinois Society of CPAs to say the 150-hour rule is not one of the top 5 reasons students do not pursue a CPA. A leader in the profession told me privately that the Illinois study is “bunk.” So why is the Illinois Society study questionable?

Illinois 98

Illinois CPA cpas Education 98

CPA Practice

MAY 18, 2023

Jacob Kecki (Illinois), a graduate of Indiana University-Bloomington with a Bachelor of Science in accounting and finance, is employed with Grant Thornton LLP in Chicago, IL. Kyle Jakubeck (Missouri), a graduate of The University of Missouri-St.

CPA 128

CPA institute of chartered accountants North Dakota chartered accountant 128

Going Concern

FEBRUARY 16, 2024

This is according to the Illinois CPA Society (ICPAS), which surveyed 449 employers and 433 accounting and finance employees last summer and released its results last month. According to a lobbyist for the Iowa Society of Certified Public Accountants, fewer CPA firms are willing to audit government agencies.

Real Estate 105

Real Estate Iowa audit public accounting 105

Going Concern

FEBRUARY 23, 2023

And here’s one from the Illinois CPA Society based on what they’ve heard from their members: What we hear among our members: retaining existing staff, lack of support for pursuing the CPA credential, and DEI challenges. During busy season, retaining staff will likely be #1.

Illinois 97

Illinois CPA accounted accountant 97

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina 147

North Carolina Oklahoma Ohio Texas 147

Going Concern

OCTOBER 7, 2022

Accounting’s Big Lie — and How to Fix It [ Project on Government Oversight ] A colossal conflict of interest compromises the auditing of public companies and the financial security of everyone who depends on them. FRC probing Mazars audit of Studio Retail Group [ Compliance Week ] The U.K. Firm Watch. ?FRC A Few More Things.

Illinois 98

Illinois CPA audit tax return 98