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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

ERC IRS Audit Representation: Your Comprehensive FAQ Guide The Employee Retention Credit (ERC) has been a lifeline for many businesses during challenging times, providing substantial relief. However, with the IRS actively scrutinizing ERC claims, it’s crucial for businesses to understand their rights and options when facing an audit.

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Arizona AG Asks Federal Court to Stop IRS From Taxing Family Rebate

CPA Practice

By Howard Fischer, The Arizona Daily Star, Tucson, Ariz. TNS) Calling its actions illegal, Attorney General Kris Mayes is asking a federal magistrate to block the IRS from taxing the proceeds of last year’s family rebate. What makes that critical is that Arizonans have until April 15 to file their federal tax returns.

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Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

The hiring will be for higher-graded revenue agents, which are specialized technical positions that generally focus on audits. This next wave of hiring will help the IRS add key talent like tax accountants to help reverse a decade-long decline of audits for the wealthy as well as complex partnerships and corporations.

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Another Accounting Firm Has Had Its Data Breached

Going Concern

Without bothering to search our archive of 16,000+ posts published since 2009, it’s a safe guess that we’ve never written about (revenue >$5 million) of Scottsdale, Arizona. ” Additionally there’s this scary bit of info: File Your Tax Return. But we are today!

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The 10 Trickiest States for Sales Tax Filing

CPA Practice

Of the 45 states (plus the District of Columbia) that have a general sales tax, 10 stand out as being especially tricky for sales tax compliance: Arizona, California, Colorado, Florida, Illinois, Louisiana, Missouri, New York, Tennessee, and Texas. Gail Cole is a writer for Avalara.

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Sales tax and nonprofits

TaxConnex

Sometimes nonprofits and not-for-profits must pay sales tax when they buy items, at least initially, as in North Carolina. But as always with sales tax, rules vary state to state. In Arizona , for instance, sales to nonprofits are generally not exempt but retail sales usually are. How important are these certificates?

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