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Best Practices for Managing a Sales Tax Audit

TaxConnex

In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. Industry observers look for New York, Ohio and New Jersey to soon intensify enforcement. Treat the auditor respectfully.

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Friday Footnotes: Consulting Gets Bumpy for New Hires; Cities Sans Accountants; PCAOB Priorities | 4.21.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. But that might be the least of it: The outlook for EY’s business of charging for advice and accounting is getting weaker in the U.S. A failed breakup attempt cost the company $600 million.

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Friday Footnotes: EY’s Six CEO Candidates; Deloitte UK Partner Payouts Increase Again; IIA Gets Their Way | 9.29.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting and advisory firm in an email said it plans to move its office from One Cleveland Center (1375 E. What CPAs can learn from Smucker’s [ Accounting Today Voices ] J.M.

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

These are the 5 most ‘boring’ — and exciting — jobs in the world, according to a recent study [ CNBC ] You’ll be happy to hear accounting made #2 on the most boring list. Don’t feel bad, MY job ranked #3 most exciting and I assure you it absolutely is not, I write about accounting after all. “I PCAOB Spotlight PDF here.

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Friday Footnotes: The Profession vs. Gen Z; CPA Firms Get Back to the Office; Deloitte Quits | 6.23.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Talent How Can the Accounting Profession Attract a Diverse Generation Z? [ Expect 2023 enforcement against auditors to focus on quality control, culture, ethics and integrity.

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Friday Footnotes: Big 4 Culture Gets Slammed Again; Audit Leads the Way in AI; Small Firm Gripes | 11.10.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Note: We’re skipping Footnotes next Friday to unveil a surprise. Footnotes will return as scheduled on November 24.

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Friday Footnotes: Working 100 Hours a Week (For Real); 99% of Firms Short on Staff; The EY Power Struggle | 8.4.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Practice How one small firm drastically cut its busy-season hours [ Journal of Accountancy podcast ] Johanna Sweaney Salt, CPA, CGMA, used to work 100 hours a week during busy season.