Remove audit Remove Minnesota Remove public accounting
article thumbnail

Professionals on the Move – Nov. 2024

CPA Practice

The annual Women to Watch award celebrates women in the public accounting profession and demonstrates to emerging leaders that success is within reach. James is a frequent speaker at industry conferences and has shared his experience as an adjunct professor at institutions like the University of Minnesota Law School.

article thumbnail

The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up

Going Concern

That’s sort of what’s happening in the profession right now over proposed legislation in Minnesota that offers an alternative to the traditional 150 units of education required for licensure. That’s not to say Minnesota sucks, rather they are going up against the behemoth that is the AICPA.

Insiders

Sign Up for our Newsletter

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

article thumbnail

ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

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
article thumbnail

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

MyIRSRelief

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements.

article thumbnail

Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.

Minnesota 113
article thumbnail

150 Hour Rule: Let’s Keep Arguing About What Color the Drapes Should Be While the House is Burning Down

Going Concern

Let’s note here quickly that many of the “anti-150” folks aren’t lobbying to abolish it completely but to offer alternative pathways such as Minnesota’s proposal to create a second pathway to licensure that would require 120 units of education and two years of experience. We needed to take some action.”

Minnesota 119
article thumbnail

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

MyIRSRelief

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements.