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Why Microsoft’s $29 Billion Tax Bill Could Be the Big Knockout Punch in Fight with the IRS

CPA Practice

The agency had already been auditing the company, but for the next three years, it took perhaps the boldest, most antagonizing steps it had in decades to inspect the company’s finances. Microsoft’s accounting firm KPMG had spelled out explicit steps to convince the government that the Puerto Rico venture was “real.”

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When You Need to Hire a Pro: Online Accounting Service for Small Business

xendoo

It’s time to go beyond merely tracking the ins and outs of your books and to start focusing on accounting and the financial health of your growing business. Choosing an online accounting service for your small business is the best way to keep your books updated, in compliance, and thriving. But it is no small task!

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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

As Peterson pointed out, 15 months after Wayfair , we’re about to see a slew of new audits, targeting a fresh batch of merchants and examining sales from 2019 – and that’s just for starters. Audits may increase as states share data with one another about smaller firms that log sales in several locations.