Michael Scott (@michaelscotthc) 's Twitter Profile
Michael Scott

@michaelscotthc

Entrepreneur, Broadway Co-Producer, CPA, partner in businesses. Encouraging, mentoring & coaching others to be more than they ever dreamed they could be....

ID: 42094632

linkhttp://www.cricpa.com calendar_today23-05-2009 20:47:11

22,22K Tweet

869 Followers

336 Following

Michael Scott (@michaelscotthc) 's Twitter Profile Photo

Thinking about the next chapter in your business journey? Join our panel of experienced M&A advisors as they discuss key considerations, strategies, and steps to prepare for a successful transition out of your business. From assessing readiness to… cvsoci.al/3gO8Wyvp?cv=17…

Michael Scott (@michaelscotthc) 's Twitter Profile Photo

Remote work has opened the door to flexibility and new opportunities—but it’s also brought tax complexity. Employers with remote teams must manage a patchwork of state and local tax laws that can create challenges, especially for small businesses.… cvsoci.al/UndIOIne?cv=17…

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FinCEN has issued an interim final rule refining who must report beneficial ownership information (BOI) under the Corporate Transparency Act. Under the updated guidance, U.S. companies and individuals are no longer required to report BOI in certain… cvsoci.al/cXe1mPng?cv=17…

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The IRS has announced tax relief for individuals and businesses across Kentucky following recent severe storms and flooding—extending multiple 2024 filing and payment deadlines into late 2025. If you live or operate in Kentucky, learn which deadlines are… cvsoci.al/OMOFp~Zm?cv=17…

Michael Scott (@michaelscotthc) 's Twitter Profile Photo

Many private foundations begin with a powerful vision—but without thoughtful planning, that vision can fade over time. Administrative burdens, complex regulations, and lack of successor engagement often derail even the most well-intentioned efforts. To… cvsoci.al/eSoz2bhL?cv=17…

Michael Scott (@michaelscotthc) 's Twitter Profile Photo

With so much conflicting information online, navigating the grant process can feel overwhelming. Preparing for Grant Management and Single Audits starts with building a strong foundation—before you apply. Whether you’re seeking local, state, or federal… cvsoci.al/ahwfc11A?cv=17…

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The FDIC has extended the compliance deadline for certain digital signage requirements to March 1, 2026, while physical signage is still due by May 1, 2025. Financial institutions—especially those using third-party digital vendors—should begin… cvsoci.al/78k8Rsbp?cv=17…

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The IRS has issued much-anticipated guidance on how businesses should handle Employee Retention Credit (ERC) refunds—especially when wage deductions weren’t adjusted or claims are later denied. The update aims to ease compliance challenges and help… cvsoci.al/VXqam3j4?cv=17…

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Executive compensation is a balancing act—especially for nonprofits. To attract top talent, organizations must offer competitive pay without crossing regulatory lines or straining limited budgets. A well-structured compensation strategy can help… cvsoci.al/or3DnKq-?cv=17…

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Running a business today means juggling a lot—regulations, cash flow, technology, and growth planning. That’s why accounting professionals have become more than number crunchers—they’re strategic advisors helping small businesses navigate complexity and… cvsoci.al/GpdzF5Hi?cv=17…

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The U.S. House has passed the Pandemic Unemployment Fraud Enforcement Act, extending the statute of limitations for prosecuting pandemic-era UI fraud from 5 to 10 years. While the focus is on unemployment fraud, the message is clear: federal scrutiny of… cvsoci.al/KB--8bSG?cv=17…

Michael Scott (@michaelscotthc) 's Twitter Profile Photo

No one enters a marriage expecting it to end—but planning for financial “what-ifs” is a smart, modern move. Understanding your state’s property-division rules, documenting premarital assets, and considering a prenuptial or postnuptial agreement can help… cvsoci.al/wN4RF7jG?cv=17…

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Businesses rely on third-party vendors now more than ever—but with that convenience comes risk. From cloud systems to IT support, vendor relationships can streamline operations, but they also introduce serious cybersecurity vulnerabilities. Are you doing… cvsoci.al/BT4F28Iz?cv=17…

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A federal judge has struck down CMS’s controversial minimum staffing rule for long-term care facilities, offering relief to many in the LTC sector. The ruling challenges provisions finalized in April 2024, which mandated strict RN coverage and minimum… cvsoci.al/saGDfR6Y?cv=17…

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State and local governments are receiving billions in opioid settlement funds following major nationwide lawsuits. But unlike pandemic-era grants, these funds come with distinct requirements that impact how and when the money is received… cvsoci.al/Bw8fBt20?cv=17…

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The insurance industry is experiencing a tech-driven transformation. Once cautious adopters, insurers are now investing in innovation and building dedicated teams to embrace advancements like autonomous vehicles and health-monitoring… cvsoci.al/SZuAWzaJ?cv=17…

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We are thrilled to invite you to the 2025 Southern Grants Forum, the premier grants training conference in the region, taking place July 14-17, 2025, in the vibrant city of New Orleans, Louisiana. Why Should You Attend SGF… cvsoci.al/XMt6xynV?cv=17…

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If your company is undergoing an IRS examination, it’s important to understand what to expect—especially when it involves the specialized areas of insurance accounting and taxation. Due to ongoing budget constraints, the IRS may have limited… cvsoci.al/6edF60Vz?cv=17…

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Running a business doesn’t come with an operating manual—but we’ve put together the next best thing. Download our Giant Book of Business Owner FAQs for a quick-read guide that answers some of the most common questions we hear from small and… cvsoci.al/cfx0zan6?cv=17…

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Businesses across industries—from agriculture to manufacturing—are facing difficult decisions, including workforce reductions. While never easy, layoffs can be approached with empathy, accountability, and a clear strategy. Learn how to… cvsoci.al/6GoJVNgq?cv=17…