Withum

JUNE 26, 2023

Withum is proud to share that Aaron Slaughter was named to the Washington Business Journal 40 Under 40 List for 2023. Aaron, who has over 12 years of experience in the industry, specializes in audits of multiemployer benefit plans and labor unions. Read the Washington Business Journal’s complete list of honorees.

Washington 98

Washington audit 98

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 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

TaxConnex

JULY 21, 2022

Most states and Washington, D.C., Taking your customers’ word that they are exempt will not help you during an audit.? There’s no statute of limitations for an unregistered tax payer, meaning that unpaid tax liabilities for non-filing years can be audited indefinitely – and penalties associated can start at 25% of tax liabilities.

Sales 246

Sales Tax Pennsylvania Ohio 246

TaxConnex

JUNE 20, 2023

South Dakota joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. As of July 1, South Dakota is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax. Starting Aug.

South Dakota 246

South Dakota North Dakota Wisconsin Iowa 246

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

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. If so, watch out for 2024. In 2021, Wisconsin and Maine both removed their transaction threshold; in 2023, South Dakota and Louisiana joined suit.

South Dakota 264

South Dakota Sales Tax Louisiana 264

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

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., Washington, D.C. Salaries in Boston and Washington, D.C.

public accounting 115

public accounting accountant salary accounted Account 115

Going Concern

JUNE 10, 2022

This press release from the SEC is wayyyy too boring to be rewritten in an interesting way on a sunny Friday afternoon so have some copy paste instead: The Securities and Exchange Commission today charged audit firm CohnReznick LLP with improper professional conduct on engagements for two clients in 2017. Audits in 2017; charges June 8, 2022.

audit 110

audit auditor financial statements Washington 110

Withum

OCTOBER 3, 2024

She is a natural leader within Withum’s DC office, managing highly complex audits, assists in leading firm-wide trainings, managing the office’s internship program, spearheading onboarding, and provides mentorship to new staff. Caroline is an incredible asset to all our team members at Withum and the clients she services.

Maryland 111

Maryland public accounting Washington audit 111

Withum

MAY 21, 2024

He leads Withum’s Not-for-Profit and Education Practice in the Washington, DC Metro Area. He currently holds board positions on both the American Association of Suicidology and the Pennsylvania Society of Association Excellence, and serves on the audit committee of the Pittsburgh Foundation.

Pennsylvania 116

Pennsylvania Washington Education audit 116

CPA Practice

JULY 16, 2024

AuditBoard , a cloud-based platform transforming audit, risk, compliance, and ESG management, has launched new of out-of-the-box, self-assessment tools that enable internal auditors to easily assess and streamline conformance with the new Institute of Internal Auditors (IIA) Global Internal Audit Standards that go into effect January 9th, 2025.

auditor 105

auditor audit Washington Manufacturing 105

CPA Practice

SEPTEMBER 19, 2023

Taylor, Kiplinger Consumer News Service (TNS) IRS audits raise anxiety for many taxpayers. But beyond the EITC, there have been concerns over the years whether the IRS focuses enough on higher earners and has the resources to effectively audit complex partnerships and large corporations. Now, in a Sept. Now, in a Sept.

audit 59

audit income tax tax return Tax 59

CPA Practice

MARCH 8, 2024

An investigation by The Washington Post tested new built-in AI systems offered by TurboTax and H&R Block, and found that they were frequently unhelpful and often just plain wrong when it came to offering advice.

Tax 111

Tax Washington Legal audit 111

CPA Practice

AUGUST 4, 2023

Whether our clients need tax, audit, or advisory assistance, together we have the skills, knowledge, and breadth of services to impact our clients’ business.” CLA now has 11 locations across Washington state and more than 120 offices across the U.S.

cpa firm 52

cpa firm Washington CPA Real Estate 52

Going Concern

APRIL 28, 2023

This time it is related to their audit of TheWorks.co.uk, a discount retailer specializing in arts, crafts, toys, books, stationery, and perpetual fire sales of various cheap stuff with which to clutter your domicile and desk drawers. Another day, another Financial Reporting Council fine for KPMG. What did they do? Inventory got ’em.

audit 97

audit auditor Washington Retail 97

Going Concern

OCTOBER 1, 2022

Last year around this time we looked at how public accounting starting salaries in five cities with the highest cost of living —San Francisco, New York City, Washington, DC, Boston, and Seattle—compared to the projected national averages for 2022. Senior manager/managing director, audit and assurance services. Washington, DC.

public accounting 104

public accounting accountant salary accounted Account 104

TaxConnex

FEBRUARY 25, 2021

A number of states - including Colorado, Georgia, Pennsylvania and Washington and more - have chosen to offer remote sellers the option of complying with strict use tax notification and reporting requirements rather than registering for sales tax under nexus provisions. Use tax or sales tax is due on a sale, but not both.

Rhode Island 235

Rhode Island Tax Colorado Georgia 235

CPA Practice

MARCH 12, 2024

An investigation by The Washington Post tested new built-in AI systems offered by TurboTax and H&R Block, and found that they were frequently unhelpful and often just plain wrong when it came to offering advice.

Tax 105

Tax Washington Legal audit 105

MyIRSRelief

NOVEMBER 29, 2019

The consequences can range from, levying your bank accounts, auditing your company’s tax account to filing criminal charges. Audit tax records – If the IRS determines that a company has not fulfilled its tax obligation, the first thing that they will do is perform an audit to determine the full extent of the payroll employment tax bill.

payroll 140

payroll payroll tax Tax income tax 140

Withum

OCTOBER 3, 2023

This is unlikely to occur because of the current gridlock in Washington, but it would be a revenue raiser. The IRS is on “high alert” with regard to specious ERC claims and it is aggressively auditing both new claims and claims that were already paid. In other words, playing the audit lottery is risky. Nothing, really.

income tax 122

income tax audit tax return Tax 122

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

MyIRSRelief

OCTOBER 11, 2024

Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals. IRS and State Tax Audit Representation One of the most valuable services provided by Enrolled Agents is representation during IRS and state tax audits.

tax services 130

tax services payroll tax Tax tax preparation 130

Withum

OCTOBER 16, 2024

Our History Established in 1974 , Withum is a national top-ranking public accounting firm that provides advisory, tax, and audit services to businesses and individuals on a local-to-global scale. Withum is an independent member of HLB, the global advisory and accounting network.

audit 98

audit Washington New York public accounting 98

CPA Practice

MAY 17, 2023

As the Washington State Department of Revenue explains, “ the characteristic that distinguishes real and personal property is mobility.” Yet to assure uniformity of assessment and taxation throughout the state, the Washington State Department of Revenue advises county assessors and treasurers on how to assess property.

South Dakota 105

South Dakota North Dakota Washington Real Estate 105

CPA Practice

SEPTEMBER 13, 2023

Yandle is a native of Louisiana and holds a bachelor’s degree in journalism from Loyola University of the South in New Orleans, and a JD from Washington College of Law at The American University in Washington, D.C. “We We represent the voice of the CPA profession at the Arizona Capitol,” says Yandle.

Arizona 105

Arizona cpas CPA Louisiana 105

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.

Pennsylvania 105

Pennsylvania Illinois accounting internships Ohio 105

CPA Practice

JULY 8, 2024

Kowalsky earned an MSc in Economic History from the London School of Economics and Political Science; an MA in History from The George Washington University; and double majored at American University to earn his BA, Literature, and BA, History & Philosophy. Patrick Donahue is an audit partner specializing in integrated audits.

Delaware 101

Delaware audit Entertainment Healthcare 101

TaxConnex

SEPTEMBER 7, 2023

Washington State gives no blanket exemption to nonprofits. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. Minnesota exempts non-profits from collecting sales tax when the sales are for fundraising.

Sales 147

Sales Tax Non-Profits North Carolina 147

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 accounted Account 105

CPA Practice

APRIL 11, 2024

The agency wants to file the citizen’s taxes, collect that money, and double back to conduct audits—without any mediating institution to gainsay potential (nay, likely) abuse. Washington politicians and bureaucrats certainly should not promote its adoption. The IRS proposes to excise such friction. billion through October 2021.

South Dakota 98

South Dakota audit tax preparation Legal 98

Going Concern

MAY 9, 2024

Just a few highlights from their press releases: Sikich acquires human resources technology consulting business – Sikich LLP Sikich grows Chicago-area presence with acquisition of accounting practice – Sikich LLP Sikich expands accounting, tax and audit team with acquisition – Sikich LLP Sikich expands into Washington, D.C.,

Illinois 105

Illinois Washington California Government 105

PYMNTS

NOVEMBER 3, 2020

With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin. Mark Goode , CEO of CORO Global, in a press release.

Alabama 93

Alabama South Carolina Montana Idaho 93

Going Concern

MAY 26, 2023

Long Read How a Pandemic-Era Program Became a Magnet for Fraud [ New York Times ] Amid the onset of the pandemic in 2020, as large swaths of the economy went into lockdown, Washington set up various programs to help keep businesses and their workers afloat. The reshuffle goes into effect on July 1. ‘No million over a decade.

public accounting 104

public accounting accounted Account accountant 104

Going Concern

MARCH 16, 2022

The big news in the accounting profession yesterday afternoon from Dave Michaels of the Wall Street Journal was that the SEC is investigating the Big 4 and other public accounting firms on whether the consulting and non-audit services they sell to clients is conflicting with their independence as the auditors of said clients.

audit 52

audit auditor bookkeeping accounting and finance 52

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 130

North Carolina Oklahoma Ohio Texas 130