xendoo

MAY 16, 2023

Most small businesses have a low probability of going through an IRS audit, but it’s possible. What happens if you get audited and don’t have receipts to back your expenses? The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts.

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xendoo

MAY 16, 2023

Most small businesses have a low probability of going through an IRS audit, but it’s possible. What happens if you get audited and don’t have receipts to back your expenses? The best way to avoid headaches during an IRS audit is to keep accurate business records and bookkeeping year-round , and that includes tracking receipts.

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audit bookkeeping tax return cpas 52

CPA Practice

MAY 2, 2024

an Atlanta-based firm that has provided tax, audit, and advisory services to clients for more than 45 years. Founded in 1979, Ronald Blue has a diverse and vast client base that includes privately held businesses, nonprofits, musicians, entertainers, and more. Financial terms of the deal were not disclosed.

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cpas Entertainment audit tax services 52

PYMNTS

JANUARY 26, 2021

Usually, the auditing workflow involves looking at expense reports filed by employees, with a focus on identifying potentially erroneous or even fraudulent transactions. Digitizing and centralizing spend across various departments and workflows is the first step to enhancing the auditing process, said McCrossan.

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MyIRSRelief

MAY 1, 2024

Audit Defense: The risk of an IRS audit is a constant concern. An Enrolled Agent, specializing in representing taxpayers during audits, can be your rock. They ensure your rights are protected, navigate the audit process with ease, and fight for a fair outcome if discrepancies arise in forms like 1120, 1120S, or 1065.

Tax 130

Tax tax planning audit Non-Profits 130

Withum

DECEMBER 7, 2023

Rocco Scarfone , NFL Agent at Vanguard Sports View On-Demand Webinar Withum Sports & Entertainment Services experts will cover a range of tax topics relevant to athletes and sporting organizations, including: Tax deductions and credits specific to athletes; and managing income from endorsements and sponsorships.

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TaxConnex

DECEMBER 28, 2023

Weaker state revenue The kind of year it’s going to be for state coffers could greatly influence such future sales tax trends as new levies, tougher nexus thresholds and intensifying audits. If so, watch out for 2024. Digital code” means a key, activation or enabling code that conveys a right to obtain digital goods.

South Dakota 220

South Dakota Sales Tax Louisiana 220

Going Concern

MARCH 24, 2023

Music City is the country’s fastest growing entertainment hotspot and an office in Nashville gives Armanino’s team and its clients the trifecta of office locations to serve the entertainment industry. audit partners want a bigger piece of the firm’s lucrative tax business. Julie Boland, EY’s U.S.

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auditor audit Entertainment Real Estate 104

CPA Practice

MARCH 5, 2024

The latest tax survey from WalletHub revealed that some Americans are so intent on not paying taxes that they would entertain some bizarre options for a tax-free life. 28% of people say getting audited is their biggest Tax Day concern, while an equal percentage is concerned about not having enough funds to pay taxes.

Tax 52

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Going Concern

APRIL 15, 2022

Accounting watchdog investigates Deloitte over Go-Ahead audits [ The Guardian ] One of the UK’s biggest accounting firms, Deloitte, is under investigation by regulators for its audits of Go-Ahead, after the bus and rail operator was embroiled in a scandal for wrongly withholding £50m of taxpayers’ money.

accounting firms 52

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Withum

SEPTEMBER 14, 2022

Before this new funding, taxpayers of all stripes and income brackets enjoyed a period of very low audit rates due to the IRS’s shrinking workforce, which further exacerbated the audit statistics. As a result, the chances of getting audited became about the same as the odds of winning the Power Ball lottery.

Tax 105

Tax tax return audit Entertainment 105

BuildYourFirm

MARCH 31, 2020

Irene Wachsler is a Certified Public Accountant specializing in accounting and tax solutions for small businesses, self-employed individuals, nonprofits, and the film and entertainment industry. Block chain is going to change the way we do agreed upon procedures and audits.”. Make sure you get paid up front.”. The future is changing.

Tax 178

Tax cpas Massachusetts CPA 178

CPA Practice

JANUARY 31, 2024

The eight new firms will deliver audit, advisory, tax, legal and outsourcing services across industries including agriculture, financial services, media and entertainment, technology, consumer products, education, government and public sector, energy and natural resources, and life sciences and healthcare. KG in Bremen.

Agriculture 52

Agriculture Entertainment audit Healthcare 52

CPA Practice

JUNE 6, 2023

Top 20 accounting firm Armanino has acquired Los-Angeles-based business management CPA firm Bemel, Ross & Avedon, which provides services to some of the country’s leading entertainers and executives in the film and music industry. Terms of the deal, which closed on June 1, were not disclosed.

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cpa firm CPA Entertainment tax consultant 52

Going Concern

JANUARY 16, 2024

Project Everest head cheerleader Andy Baldwin had some things to say at Davos : Breaking up EY into separate consulting and auditing companies would have increased growth potential as the company grapples with the need for capital to invest in technology and AI to stay competitive, EY’s global managing partner Andy Baldwin said on Tuesday.

Account 122

Account accountant accounted audit 122

Going Concern

JANUARY 19, 2024

Hollywood Oh boy, it turns out that there's a shortage of production accountants in the entertainment industry, which means that there's a great opportunity for people who love crunching numbers and are willing to sell their souls to Hollywood for a paycheck. It didn’t specify which films were examined. Which One of You Was This?

Arizona 102

Arizona accounting and finance audit auditor 102

KROST

FEBRUARY 9, 2021

Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments. She is also an integral member of the Sports & Entertainment and Financial Services industry groups. Accounting , Sports & Entertainment. Korman, CPA, MST.

cpa firm 83

cpa firm CPA Entertainment Sports 83

PYMNTS

NOVEMBER 29, 2018

In the entertainment space, one blockchain company wants to address a range of financial pain points for the “Hollywood economy,” including financing and B2B payments. Outside investors want a piece of this pie, too, and entertainment industry financing is one of the biggest pieces to MovieCoin’s vision.

Entertainment 54

Entertainment audit B2B Technology 54

CPA Practice

SEPTEMBER 26, 2023

FloQademy bucks the notion that CPE/CPD content has to be boring and instead makes it fun, offering access to an on-demand library of entertaining and engaging learning and professional development content. FloQast Compliance Management automatically synchronizes changes for audit evidence that is always current and accurate.

Entertainment 40

Entertainment accounting and finance audit Technology 40

CPA Practice

SEPTEMBER 14, 2023

FloQademy bucks the notion that CPE/CPD content has to be boring and instead makes it fun, offering access to an on-demand library of entertaining and engaging learning and professional development content. FloQast Compliance Management automatically synchronizes changes for audit evidence that is always current and accurate.

Entertainment 40

Entertainment accounting and finance audit Technology 40

Going Concern

DECEMBER 22, 2023

It is understood that outsourcing would leave the firm less reliant on recruiting additional accountants from the tight labour market, which has seen large audit and consulting firms struggle to recruit new talent. In its ruling, the court said the audit report was so general an investor wouldn’t have relied on it.

auditor 109

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Going Concern

OCTOBER 13, 2023

As the end of former PwC CEO Luke Sayers’ lengthy questioning approached, Senator O’Neill reproduced a submission from PwC Australia in 2019 to a Senate inquiry at the time that was examining audits and consulting firms. The same firm also failed to meet the target in 2022.

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audit Washington Non-Profits Sports 117

MyIRSRelief

APRIL 3, 2023

They can also help prepare tax returns, file necessary forms, and represent the business in the event of an audit. Q: How can an accountant help with audit support? The city is home to the entertainment industry, technology companies, and a variety of other industries. Q: How can an accountant help with financial management?

Account 130

Account accountant accounted accounting and finance 130

Going Concern

JULY 28, 2023

Big 4 Deloitte joins fellow Big Four MOVEit victims PWC, EY [ Cybernews ] The New York City-based global auditing and accounting firm appeared alongside 55 other MOVEit victims named by the Cl0p ransomware gang Wednesday, but Deloitte says the impact on its systems is limited. About 80% of audits conducted don’t find tax noncompliance.

Gambling 98

Gambling audit Technology accounting firms 98

Going Concern

SEPTEMBER 25, 2023

Attorney’s Office, Central District of California ] An entertainment industry accountant pleaded guilty today to a felony charge for lying to federal law enforcement officials about his role in laundering illicit proceeds from an illegal gambling operation run by a former minor-league baseball player and which involved professional athletes.

tax preparation 104

tax preparation Gambling Account accountant 104

Going Concern

SEPTEMBER 29, 2023

In other words, they weren’t satisfied with understanding debits, credits, and audits. Maginnis recalls a situation early in his career when he was assigned to a large engagement with a principal client official who was rude and hostile toward the entire audit team. That can be a tough fight to win.

accounting careers 127

accounting careers Account accountant accounted 127

Withum

NOVEMBER 1, 2022

The driving force behind such gaudy market value predictions comes from the availability of the entertainment across a multitude of platforms that broadcast various competitions and content creators. For more information on this topic, please contact a member of Withum’s Sports and Entertainment Services Team. Contact Us.

Entertainment 72

Entertainment Gaming Sports audit 72

Ronika Khanna CPA,CA

DECEMBER 9, 2021

Sending a diamond bracelet to a customer who has purchased something from you once, will very likely be audited and disallowed. This will jog your memory in the event of an audit and provide a documentary trail that auditors are fond of seeing.

Entertainment 52

Entertainment tax return audit auditor 52

Going Concern

FEBRUARY 5, 2024

One of them is Matt Segal, is a business manager with more than 15 years of experience in the entertainment industry working with athletes, entertainers and high-net-worth individuals at the Westwood-based NKSFB, the largest independent accounting firm headquartered in Los Angeles and one of the most prominent Hollywood firms.

Account 62

Account accountant accounted auditor 62

Withum

JANUARY 17, 2024

We are looking forward to continuing our relationship with PSN as a Player Care Partner for 2024, where we can serve the sports community with our tax, audit and advisory services. Our goal is to educate and advise our clients on both their short-term and long-term career goals.

Sports 59

Sports public accounting Education Entertainment 59

TaxConnex

AUGUST 19, 2021

As movie theaters closed, production companies looked to streaming services as a way to release new content and produce some sort of revenue while entertaining the public who remained in lockdown. Digital media and streaming services benefitted from everyone stuck in their homes.

Sales 231

Sales E-commerce Tax Missouri 231

Withum

MARCH 30, 2022

It should be used for artist fees for performances during the audit period first. Theatre, Entertainment and the Arts Services. For more information, please reach out to Withum’s Theatre, Entertainment and the Arts team. Contact Us. Contact Us.

Entertainment 72

Entertainment payroll audit 72

CPA Practice

JUNE 6, 2023

The event will feature keynote speakers who will teach leadership tactics to put one’s career and organization on track for growth and leading technology, audit and tax industry professionals who will present best practices to thrive in accounting today.

New Jersey 52

New Jersey CPA cpas Washington 52

inDinero Tax Tips

AUGUST 29, 2023

Nondeductible Entertainment Expenses You may wonder if you can write off entertaining clients as a business expense. Unfortunately, these are nondeductible entertainment expenses. This goes for concert tickets, sporting events, or other forms of entertainment for clients.

Tax 95

Tax Entertainment Real Estate bookkeeping services 95

ThomsonReuters

FEBRUARY 2, 2022

You can do this through engaging and even entertaining content. Prevent audits. Explain how your auditing services can pinpoint discrepancies in their current system. You can also offer your help if they get audited by the IRS. Appeal to their emotions by showing how you can help them through stories of people like them.

accounting firms 98

accounting firms Account accountant accounted 98

CPA Practice

JANUARY 31, 2024

Family members’ meals and entertainment won’t be deductible unless they are also representing the business—and their expenses must also be “ordinary” and “necessary.” And I know people often shy away from any unfamiliar strategy they believe could trigger an IRS audit. To be clear, this must be a legitimate business trip.

Tax 126

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CPA Practice

NOVEMBER 6, 2023

At Mazars, she specializes in accounting and auditing for transportation and logistics. Glantz, co-founder, chairman, Emagine Entertainment, Inc. She has shown exemplary leadership in its Emerging Leaders Interest Group, Student Programs and & Scholarship Committee and Monmouth/Ocean Chapter Board of Directors.

CPA 113

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