Remove 2021 Remove Accounting Software Remove Billing
article thumbnail

Bet on growth through experimentation at firms

Accounting Today

The difficult strategic decisions facing accounting firm leaders today boil down to two options: pursuing the increasingly popular path of private equity or journeying down the less certain road of independent innovation and transformation. Since 2021, nearly a quarter of the 100 biggest U.S. accounting firms have taken PE investment.

article thumbnail

Tax Fraud Blotter: Sick excuses

Accounting Today

Davis falsely claimed gross income for a business that did not exist when she applied for two Paycheck Protection Program loans in 2021. Fort Wayne, Indiana: Rakita Davis, 45, a former IRS employee, has been sentenced to two years of probation and ordered to pay $55,213.61 By Michael Cohn June 11 Like what you see?

Tax
professionals

Sign Up for our Newsletter

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

article thumbnail

Tech news: SmartVault plans AI document management tool

Accounting Today

MarginEdge , a restaurant management and bill payment platform, announced its partnership with FIXE , a full‑service restaurant bookkeeping and accounting firm. The company, whose full name is April Tax Solutions, was founded in 2021 and raised $40 million in venture capital in 2022.

article thumbnail

Tax Fraud Blotter: Who ya gonna call?

Accounting Today

Taylor also filed or tried to file false individual income tax returns for himself for 2017 through 2021, underreporting income from We Are Taxes or failing to report the business entirely. For 2015 through 2020, he prepared and filed at least 54 false returns for clients.

Tax
article thumbnail

Tax Fraud Blotter: Off to the races

Accounting Today

For 2021, he filed Maryland returns that included false information to unlawfully inflate refunds and evade taxes. In 2021, Rodriguez, a mail carrier in Glastonbury, was asked by an acquaintance to intercept federal refund checks that would be mailed to addresses on his mail route; he would be paid some $100 for each check.

Tax
article thumbnail

On the move: REDW appoints first OKC principal-in-charge

Accounting Today

Danielle Lee Managing Editor, Accounting Today mailto linkedin Practice management Career moves EY MORE FROM ACCOUNTING TODAY Audit PCAOB sanctions three firms The Public Company Accounting Oversight Board today sanctioned Goldman & Company, CPAs, Raymond Chabot Grant Thornton, and PWR CPAs.

article thumbnail

How CommBank and Waddle, from Xero, are unlocking cash in unpaid invoices to help small business grow

Xero

In June 2021, CommBank developed Stream Working Capital in partnership with Waddle to give businesses access to funds using their outstanding invoices as loan security. It’s helping them smooth out their day-to-day cash flow, helping pay suppliers, staff and bills earlier – or at least on time.