TaxConnex

DECEMBER 7, 2021

New York: A Long Island provider of self-service, coin-operated air machines to inflate car tires has been socked with a $4.25 In 1997, SSVE requested an advisory opinion from the New York Department of Taxation and Finance on whether sales from its coin-operated air machines were exempt from sales tax. Tax air-or.

Alabama 246

Alabama New York tax return Sales 246

Accounting Today

JANUARY 26, 2024

The Public Company Accounting Oversight Board also permanently barred a sole practitioner in New York.

audit 124

audit New York Account accountant 124

TaxConnex

DECEMBER 12, 2023

New York’s Division of Tax Appeals considered whether an individual who was both an officer and the sole shareholder of a corporation was personally responsible for the corporation’s sales tax liability.

Sales 263

Sales Tax Ohio Georgia 263

Going Concern

JANUARY 28, 2023

On Thursday, a recently-hired audit associate working out of KPMG’s New York City office at 345 Park Avenue committed suicide. On January 26, we learned that one of our NY Audit associates, who joined the firm earlier this month, tragically died. It is understood that the deceased jumped from the building.

audit 111

audit New York 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. for past due?taxes.

Sales 243

Sales Tax audit Alaska 243

Going Concern

FEBRUARY 24, 2023

Some time last year PCAOB inspectors visited China and while details of their visit were kept somewhat quiet from both sides, we were told that the inspectors gained unprecedented access to Chinese audit work.

audit 105

audit auditor accounting and finance Washington 105

Going Concern

JUNE 29, 2022

The hardworking human beings at Audit Analytics have released their analysis of initial public offering trends and IPO auditor market share for the first quarter of this year , a period in which the number of companies going public was minuscule compared to Q1 of 2021. Marcum and Withum combined audited 49.3%

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audit auditor New York financial statements 105

TaxConnex

FEBRUARY 1, 2024

Sending the states what you owe: Your filing and remittance solutions need to accommodate multiple data files and formats, e-file and paper returns, electronic payments and checks, notice management and resolution, tax calendar updates and an audit trail to minimize penalty assessments. This is a pivotal step in your compliance.

Sales 264

Sales Tax Minnesota Colorado 264

CPA Practice

SEPTEMBER 27, 2024

The place to be this week is New York City where many leaders of the accounting technology community are talking about the issue of responsible AI. This applies both to audit and tax work.

New York 72

New York Technology tax preparation Tax 72

Withum

AUGUST 24, 2022

The launch of the Health Care and Mental Hygiene Worker Bonus (HWB) Program in New York State provides funding to help eligible providers recruit and retain healthcare workers. This past April, the New York State legislature allocated $1.2 They are then to submit claims to the state to fund these bonuses.

New York 80

New York Healthcare Legal audit 80

TaxConnex

DECEMBER 28, 2023

Weaker state revenue The kind of year it’s going to be for state coffers could greatly influence such future sales tax trends as new levies, tougher nexus thresholds and intensifying audits. States expected to do best with sales tax in 2024 are West Virginia, Massachusetts, Kentucky, Iowa and New York.

South Dakota 264

South Dakota Sales Tax Louisiana 264

Going Concern

NOVEMBER 15, 2022

Any business with at least four employees (including the owner) where at least one employee works in New York City is covered by the law. Doritos chose audit senior positions for their research since that tends to be one of hardest to fill roles. Firms that provided wide ranges received worse grades.

Colorado 115

Colorado audit New York public accounting 115

TaxConnex

MARCH 21, 2024

It did, but the South Carolina Department of Revenue later audited Amazon and found that it had failed to adequately tax sales by third-party merchants. After initial incentives from South Carolina for an Amazon investment in fulfillment centers 13 years ago, the company was to have begun collecting South Carolina sales tax in 2016.

South Carolina 264

South Carolina Sales Tax Alabama 264

Going Concern

MARCH 8, 2024

District Court for the Southern District of New York said. When conducting the fiscal year 2021 audit of Tingo, Inc., In the wake of the deficient audit work by the firm and Gries, Tingo underwent multiple restatements of its 2021 financial statements. KPMG has built up a large business auditing U.S.

audit 100

audit auditor New York Legal 100

CPA Practice

OCTOBER 31, 2023

Also, both New Jersey ( L. 2022, A4909 ) and New York ( L. Consider having an outside vendor help audit the tool before and after implementation, to monitor for and correct for any potential disparate impact on protected groups. Should human resource and payroll departments be represented for internal/external audits?

Legal 116

Legal audit payroll Technology 116

TaxConnex

DECEMBER 5, 2023

New York State and local sales taxes in the state are imposed on dues and membership fees paid to any athletic club in the state. “To South Carolina recently audited three years of retail bookstore Books-A-Million’s records and discovered that no sales tax charged on Millionaire’s Club $25 memberships.

South Carolina 264

South Carolina Sales Tax West Virginia 264

Going Concern

SEPTEMBER 9, 2022

Although New York, Texas, and California dominated the number of jobs being offered for the roles analyzed, Florida was the only state to appear in the top five in each of the four positions reviewed. BDO bolsters audit practice with 600 new trainees following watchdog’s damning criticism [ City A.M. Supply and Demand.

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audit chartered accountant auditor New York 98

CPA Practice

DECEMBER 6, 2024

3 settled disciplinary orders sanctioningNew York-based accounting firm Raines & Fischer and three of its partnersWilliam Fischer, Brian Uhlman, andSteven Sarrelfor violating PCAOB rules and standards. Fischer was Raines & Fischers managing partner and in charge of its audit department and quality control during that period.

New York 52

New York audit financial statements accounting firms 52

Going Concern

SEPTEMBER 22, 2023

Michael Harlow to Lead Cannabis Practice at CohnReznick [ INSIDE Public Accounting ] New York-based IPA 100 firm CohnReznick LLP (FY23 net revenue of $920 million) has named Michael Harlow as leader of its cannabis industry practice. It’s free and provides CPE; advance registration is required.

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audit accounting and finance Virginia auditor 109

Going Concern

NOVEMBER 11, 2022

Audit Fees Rise Only 2.5%, But Audits Require Greater Effort [ CFO ]. and 2.3%, respectively, in 2021, according to the Financial Education & Research Foundation’s Public Company Audit Fee Study. About half of the financial executives surveyed said 2021 audits required greater effort to support than those in 2020.

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audit auditor Louisiana cpas 98

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.

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accountant salary public accounting Colorado Georgia 110

CPA Practice

NOVEMBER 24, 2023

Top 35 accounting firm Weaver will be merging in New York-based CPA firm Buchbinder Tunick & Co. This deal expands Weaver’s East Coast presence to five offices, including two in New York City, one on Long Island, one in New Jersey, and one in Washington, D.C.

New York 52

New York cpa firm CPA Real Estate 52

CPA Practice

NOVEMBER 20, 2023

Top 35 accounting firm Weaver will be merging in New York-based CPA firm Buchbinder Tunick & Co. This deal expands Weaver’s East Coast presence to five offices, including two in New York City, one on Long Island, one in New Jersey, and one in Washington, D.C.

New York 52

New York cpa firm CPA Real Estate 52

Going Concern

OCTOBER 18, 2024

has entered into an agreement to be acquired by New York-based professional services firm Citrin Cooperman. SEC’s Dropped Auditing Charges Shows Damage of Jarkesy Decision [ Bloomberg Law ] The Securities and Exchange Commission’s recent decision to drop misconduct charges against a handful of auditors proves the SEC v.

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audit auditor New York accounting firms 104

Going Concern

JULY 7, 2023

The paper, “A Welfare Analysis of Tax Audits Across the Income Distributed,” published in June, is based on an analysis of about 710,000 in-person audits of individuals from 2010 to 2014. In comparison, audits of below-median income taxpayers yield $5, the paper said. and NetEase Inc., said the people.

audit 105

audit accountant Account accounted 105

Going Concern

MAY 31, 2023

1:23-cv-04458 in Southern District of New York ( Stevenson v. It did so “because the New York KPMG operation wanted the huge fees from Credit Suisse, upon which KPMG had become dependent, and which were very important to the individual top partners in New York,” he says. The docket number is No.

audit 111

audit New York Non-Profits auditor 111

Withum

DECEMBER 20, 2023

On December 6, 2023, New York proposed new cybersecurity requirements for all general hospitals operating in the state licensed under Article 28 of the Public Health Law, regardless of size or location. Organizations have one year from the enactment date to achieve compliance with these new hospital cybersecurity regulations.

New York 59

New York Hospitality Healthcare audit 59

CPA Practice

JULY 6, 2023

Wei is a member of the Accounting and Auditing, the Quality Control and Peer Review, and the SEC committees at the NYSSCPA. He is currently serving on the Chief Financial Officers (CFO), Internal Audit and SEC committees. Hays: Hays is the founder and CEO of Hays CPA LLC, in New York, N.Y. in New York, N.Y.

New York 52

New York cpas accounting and finance CPA 52

CPA Practice

JANUARY 22, 2024

A top midtier accounting firm ended 2023 by having the most new initial public offering (IPO) audit clients in the fourth quarter, as the number of companies going public dropped compared to the previous quarter, according to an analysis by Ideagen Audit Analytics. billion—down in total IPOs from Q3 (45) and total proceeds ($9.2

audit 64

audit auditor New York accounting firms 64

Withum

MAY 22, 2024

In addition to her work with the AICPA, Nadia Matthie is also an active member of the New York Society of CPAs (NYSCPA). Additionally, Nadia Matthie is a member of the National Association of Black Accountants—New York Chapter.

New York 105

New York cpas audit accountant 105

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

Withum

MAY 16, 2024

In this release of Venture To Know we discuss the key scenarios that prompt an investment fund to undergo an audit. What Are the Most Common Circumstances That Prompt a Fund To Undergo an Audit? So you’ve launched a new investment fund, whether a hedge, private equity or venture capital fund. So when might a fund need an audit?

audit 52

audit financial statements New York Legal 52

CPA Practice

OCTOBER 11, 2023

average increase in starting salaries for positions in audit and assurance in 2024. For this article, we reviewed 2024 starting salary projections for eight public accounting positions in the following eight HCOL cities: New York, San Francisco, Boston, Washington, D.C., by profession.

public accounting 115

public accounting accountant salary accountant Account 115

TaxConnex

DECEMBER 1, 2022

The plaintiffs have reportedly said that Louisiana’s patchwork sales tax compliance system is a labyrinth filled with audit traps and now say the case belongs in federal court because Wayfair was ultimately decided in the U.S. New York Gov. Supreme Court. Best and worst. For tax years beginning on or after Jan.

Sales 130

Sales Tax Alaska Louisiana 130

Going Concern

SEPTEMBER 29, 2023

Deloitte UK said revenue grew 14% to £5.6bn in the year to May, as buoyant markets in the first six months of its financial year bolstered demand for audit and advisory work. It helped offset the “increased caution” among more cash-strapped clients and a slowdown in merger and acquisition activity in the months that followed.

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auditor audit New York CPA 111

TaxConnex

FEBRUARY 8, 2022

New York determined that a multilevel marketing company was not subject to state sales tax on its subscription-based sales of eSuite services because these services didn’t qualify as taxable sales of pre-written computer software or information service.

Sales 245

Sales Tennessee Tax Massachusetts 245

CPA Practice

JUNE 10, 2024

On June 27–28, government representatives and expert tax practitioners gather for the 16 th Annual Tax Controversy Forum , organized by the NYU School of Professional Studies Division of Programs in Business , in New York City. Collins, National Taxpayer Advocate, Internal Revenue Service The Hon.

New York 52

New York North Carolina Tax audit 52