Accounting Today

JUNE 12, 2025

He failed to collect, account for and pay over payroll taxes to the IRS on behalf of each of these companies from 2014 to 2022, a total of at least $3.5 Oakland, New Jersey: Business owner Walter Hass, of Hewitt, New Jersey, has been sentenced to four years in prison for his role in a $3.5 million payroll tax scheme.

Tax

Accounting Today

JUNE 19, 2025

In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect. In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses.

Tax

Future Firm

AUGUST 22, 2022

I’ll take a look at the options available within each accounting software. Integrations Just like with your cloud-based accounting software, integrations are a key to workflow functionality. The more integrations available, the more flexibility you’ll have with your accounting solution. GoCardless. GoProposal.

Accounting

AvidXchange

NOVEMBER 4, 2022

Customer Profile Customer : Dawn Palmer, Accounting Supervisor, Brazos Valley Schools Credit Union Industry : Financial Services Products used : AvidAscend Core Banking System : Corelation Keystone After working in general management for more than 20 years, Dawn Palmer joined BVSCU in 2012.

Accounts Payable

Invoicera

SEPTEMBER 13, 2024

Limited Accounting Functionality Bill.com is definitely helpful when it comes to tracking bills and payments , but it is not an all-inclusive accounting software. With automated reminders and a user-friendly client portal, you can significantly improve your payment collection rates.

AP

Nanonets

JUNE 29, 2023

Limited Accounting Controls: Divvy lacks an audit trail, which is a standard feature in accounting software, potentially limiting transparency and accountability. SAP Ariba Ariba  became part of SAP in 2012. Sources: [link] [link] 5. Cons of Center®: Limited to serving North American-based businesses.

Budgeting

Cloud Accounting Podcast

SEPTEMBER 15, 2020

There was a story in the Wall Street Journal about how auditors are struggling to work remotely, which doesn't surprise me given the reliance on paper for a lot of auditing and in-person interviews. [00:07:46] There's some good news; the AICPA issued a new audit evidence standard that allows for non-human evidence collection. from 10.2%

Tax