The Public Company Accounting Oversight Board released its 2020 inspection reports Monday for the Big Four firms — Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers — as well as BDO USA and Grant Thornton, showing mixed results. For Deloitte, the PCAOB found that two of the 53 audits it inspected
Sax, Parsippany, gave its fourth annual Founders’ Award to Fighting Children’s Cancer Foundation, awarding the nonprofit a $15,000 unrestricted gift for best embodying this year’s theme of “Imagination.” Nearly 150 nonprofits submitted videos for their chance to win the award. (Read the full story.) The New Jersey Society of CPAs,
The Internal Revenue Service is sending notices to taxpayers who deferred their Social Security taxes last year, warning them that half the taxes will be due by the end of this year. In an email to payroll professionals Friday, the IRS said that it’s sending informational-only CP256V Notices to self-employed
Woodard Events announced that next year’s Scaling New Heights conference will be held June 19-22, 2022, in Orlando, Florida. SNH is one of the leading accounting technology conferences in the country, as well as one of the largest gatherings of QuickBooks Pro Advisors. The theme of next year’s event is
West Virginia, in a move emblematic of state sales tax trends, has declared digital streaming services to be a taxable service — without changing any of its laws. “Those states that don’t have it yet are extending sales tax to cover the digital equivalent of tangible personal property,” said Charles
The Internal Revenue Service issued guidance Friday to assist employers who are rehiring retirees or retaining employees past retirement age as a way to find qualified workers in a tight labor market. The guidance comes in the form of two new frequently asked questions that it added to its web
Top 100 Firm Eide Bailly announced the winners of its 2021 Nonprofit Resourcefullness Awards, highlighting nonprofits across Arizona, Colorado, Minnesota, Nevada and North Dakota for their creativity regarding “sustainable revenue ideas.” Grand prize winners received $10,000, with one $5,000 honorable mention award going to the Cochise College Foundation in Arizona.
The Institute of Management Accountants announced that it is accepting entries for two case competitions for accounting students and academics. The first, the 2022 Student Case Competition, asks students to “interpret, analyze, evaluate, synthesize and communicate a solution to a management accounting problem.” The 2022 case was penned by Junaitha
A 78% majority of small business owners would consider changing their accountant to one who is using the latest technology, according to a new survey. The survey, by the cloud-based practice management software provider Canopy, polled 1,001 small businesses and found that 63% of the respondents admitted their current accountant
The Accounting & Financial Women’s Alliance and its Accounting MOVE Project released their 2021 report, detailing how female leadership and gender equity at CPA firms continued to trend upward despite the COVID-19 pandemic and the remote work policies that followed. MOVE (Money, Opportunity, Vital supports and Entrepreneurship), sponsored by CohnReznick,