insights irs-announces-erc-withdrawal-process 
CPA Practice
MARCH 26, 2024
Taylor, Kiplinger Consumer News Service (TNS) In a recent announcement, the IRS revealed ongoing efforts to tackle erroneous Employee Retention Tax Credit (ERC) claims. According to the IRS, its Criminal Investigation division is reviewing an additional $3 billion in ERC claims. ERC audits.
Going Concern
JANUARY 26, 2024
company, in a process riddled with conflicts of interest. How AI is transforming audit [ Thomson Reuters ] In the past, auditors have heavily relied on manual processes to uncover risks in financial statements and business operations. But federal monitoring is making a comeback under new leadership. AI Is your firm keeping pace?
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