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The Progressive Accountant

IRS Provides Guidance on Veterans Credit

irslogoThe Internal Revenue Service has released guidance and forms that employers can use to claim a newly-expanded tax credit for hiring veterans. Employers will also be given more time to file a certification form for employees hired on or after Nov. 22, 2011 and before 2012. Some tax-exempt organizations that hire unemployed veterans during that period are now also eligible for the credit.

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Blackbaud Mulls CPA Program

blackbaud_logo_Nonprofit vendor Blackbaud is considering the establishment of a CPA program. While the company is not ready to provide details of a proposed plan, it has begun bringing one firm on board in the new effort. The company is also likely to begin recruiting resellers after a lapse of several years.

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PCAOB Nails E&Y for $2M

ernst-young-logoThe Public Company Accounting Oversight Board has imposed a $2 million civil money penalty on Ernst & Young and barred two partners from being associated with a registered public accounting firm.  It is the largest penalty ever imposed on a CPA firm. The action stemmed from the firm's audits of financial statements of Medicis Pharmaceutical Corp., which sells drugs for pediatric asthma and skin conditions.The board also censured E&Y and two other partners.

 

 

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The Accounting Top 100

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The Accounting Top 100 social media leaderboard ranks accounting professionals based on their overall presence, influence, and engagement on social media platforms. Each user’s rank is determined by that user’s Klout Score in addition to a list of custom metrics, and all updated rankings are displayed in new leaderboards generated every two weeks.

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Disclaimer

Avalara’s Accounting Top 100 leaderboard (the “Leaderboard”) is assembled using a list of accounting professional users that’s curated by manual entry as well as by Rise.Global's internal Twitter search functionality. We reserve the right to change scoring metrics used for ranking and to exclude anyone from the list, in our sole discretion. The Leaderboard is not an endorsement, recommendation or sponsorship of any of the accounting professionals on the Leaderboard, and we do not make any representation or guarantee of their ability or reliability. Assessments by different methods or based on different information may yield different results. The Leaderboard is only a starting point to gather information about accounting professionals, and you should not rely on it to decide whether to hire an accounting professional.

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