Accounting Services 

How Is #TaxTwitter Holding Up Before the Oct. 15 Deadline?

About as well as you’d expect: I realized I forgot to file an extension for my brother’s return how is everyone else doing today — Lorilyn Wilson, CPA (@LorilynWilson) October 14, 2021 Got up yesterday at 7:30am. What time did I go to bed? I’ll let you know when that happens. Yep, this tax season is the worst. #TaxTwitter — Zbylut on Taxes (@TaxHacker) October 14, 2021 12 hours yesterday, 6.5 hours detail reviewing k-1 inputs on a single return, starting to die a little inside. how is #TaxTwitter doing…

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Accounting Services 

2022 Projected Public Accounting Salaries In Eight LCOL Cities

The last in our mini series of articles based on the Robert Half 2022 Accounting & Finance Salary Guide looks at public accounting starting salaries in eight low cost of living cities that have a Big 4 presence and a national accounting firm presence (i.e., RSM US, BDO USA, Grant Thornton). Most of these cities are often mentioned in discussions on Reddit and Fishbowl about the best LCOL cities for accountants—and where they can get the most bang for their buck. I also used this study from SmartAsset and the…

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Accounting Services 

Early Black-Owned CPA Firms Pushed For Diversity Before Pushing For Diversity Was Cool

Firms established by pioneering Black CPAs decades ago created an indelible legacy within the accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession’s recruitment and advancement initiatives, and with the clients they serve. Here are a few examples. Guiding others along the journey Benjamin King Sr. became Maryland’s first Black CPA—and the nation’s 48th—in 1957. In trying to earn his CPA credential, he was unable to get hired even when he offered to work for free, despite his…

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Accounting Services 

Pictured: Accounting Firm Partners Testing Out a New Bonus Distribution Structure For Next Year

Seen on r/antiwork And no, it’s not actually an accounting firm. According to OP, a hotel posted this to LinkedIn “as a fun how much we love our employees” post. Almost had ya tho eh?   The post Pictured: Accounting Firm Partners Testing Out a New Bonus Distribution Structure For Next Year appeared first on Going Concern. Christina Lanewww.digital-accountants.com

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Accounting Services 

Promotion Watch ’21: Deloitte Admits 169 New Partners and Principals In the US

The smell of new partners and principals still permeates the air at the biggest of the Big 4, as Joe Ucuzoglu recently gave his blessing to the newest class of rainmakers at Deloitte. This latest class (technically the class of FY 2022) is 35% larger than last year’s class at Deloitte and 13% larger than the class of FY 2020. Let’s take a closer look of the class of FY 2022 by the numbers: 77: The number of new partners and principals who are women, or 45.6% of the class.67:…

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Accounting Services 

2022 Projected Public Accounting Salaries In Eight MCOL Cities

Earlier this week we looked at public accounting starting salaries in five of the most expensive US cities to live in and how much higher they are than the projected national averages recently published in the Robert Half 2022 Accounting & Finance Salary Guide. A discussion you often see among professionals on Fishbowl and Reddit is: Is such and such a city considered HCOL or MCOL? Or: Is such and such a city considered MCOL or LCOL? A lot of it is subjective. Let’s take Atlanta, for example. Would you…

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Accounting Services 

Maine’s ‘Utterly Unqualified’ State Auditor Just Stepped Down Because He Couldn’t Pass the Certified Internal Auditor Exam

In January of this year, seasoned bureaucrat Matthew Dunlap took the helm as state auditor in Maine despite having no background in accounting, much less auditing. Rather, he has a bachelor’s degree in Roman history and a master’s in English literature, the former of which would come in handy should Maine have a vacant State Quaestor position to fill. No problem though, as Maine law says that he had nine months to get certified in something and that’s plenty of time to learn auditing from scratch no doubt. From a…

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Accounting Services 

BrightPay and Relate Software join forces to create an accounting & payroll software champion

/* custom css */ .tdi_6, .tdi_6 .tdc-columns{ min-height: 0; }.tdi_6, .tdi_6 .tdc-columns{ display: block; }.tdi_6 .tdc-columns{ width: 100%;> /* custom css */ .tdi_8{ vertical-align: baseline; }.tdi_8 > .wpb_wrapper, .tdi_8 > .wpb_wrapper > .tdc-elements{ display: block; }.tdi_8 > .wpb_wrapper > .tdc-elements{ width: 100%; }.tdi_8 > .wpb_wrapper > .vc_row_inner{ width: auto; }.tdi_8 > .wpb_wrapper{ width: auto; height: auto;> The combined business will provide an integrated suite of cloud payroll and accounting software tools for accounting bureaus and small to mid-sized businesses in the UK and Ireland. BrightPay, a leading provider of payroll…

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Accounting Services 

Despite a 2.6% Increase In 2021, Grant Thornton Couldn’t Catch BDO USA In the Midtier Firm Revenue Pissing Contest

This just in from the purple gang: Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd., today announced record revenues of $1.97 billion for the fiscal year ended July 31, 2021. “In a changing and uncertain environment, we continue to remain agile and perform with excellence across our entire firm, including our services lines, industry groups and internal services teams,” said Brad Preber, CEO of Grant Thornton. “We’ve combined flexibility and innovation with quality and value to realize record revenues. Because of this approach, we’re well-positioned for…

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