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IRS & State tax audit representation FTB-CDTFA-EDD


If you receive a notice of an IRS or state FTB-CDTFA-EDD tax audit, it’s important to understand your rights and options. Tax audits can be stressful and intimidating, but with the right representation, you can navigate the process with confidence.

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Top Tips to Prepare for an eCommerce Audit


that the likelihood of your business being audited is low, but that likelihood has been increasing in recent years. more than one in four (26.7%) top finance professionals reported seeing an increase in state sales tax audits in the past two years. You received a sales tax audit notice from a jurisdiction. Data shows?that

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The new breed of audit


Usually, you learn about an audit through a notice or letter from the state or jurisdiction in question with instructions on how the audit will proceed. Many audits are conducted remotely, and an auditor never visits your office. Fear and perception of audits are as tangible as the real examinations. Fear and loathing.

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Worried About an IRS Audit? Prepare in Advance


IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if your return is among those selected to be examined. From tax years 2010 to 2019, audit rates of individual tax returns decreased for all income levels, according to the GAO.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Saving time during audits. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team. Increasing the speed of close processes. Staying up to date on close status in real-time.

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IRS Releases Updated Cost Segregation Audit Techniques Guide


On 6/1/22, the IRS made available an update to the “Cost Segregation Audit Techniques Guide” (Publication 5653). Originally issued in 2004, the purpose of the Audit Techniques Guide (ATG) was to offer guidance to IRS auditors auditing cost segregation studies.

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Partnerships Face Increased Tax Audit Risk

CPA Practice

With the IRS laser-focused on enforcement, many partnerships will find themselves subject to their first IRS audits under the new procedurally complex partnership audit rules. This means, unless certain steps are taken, the current partners would bear the tax even if they weren’t partners for the year under audit.

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How Automation Can Streamline Your Month-End Close Process

See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit-ready. Start the new year with powerful automation for your month-end close and reconciliation process. We would love to meet you!

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Predicting What’s Next for Firms & Collaboration Tech

Read this whitepaper to understand the evolution of collaboration in audit and tax engagements, its impact on firms, and predict where technology will take collaboration next. What might be more surprising is the speed and scale at which that evolution has taken—and will continue to take—place. Download the whitepaper today!

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Virtual Cards — Everything You Need to Know

Speaker: Eoin Hession, Controller at Recharge

If you’ve never had the pleasure of creating a virtual card nor enjoyed the benefits of their approval workflows, automatic syncing to the GL, and continuous audit trail, join us to get up to speed on this increasingly mainstream payment innovation. This webinar will answer the following questions: What is a virtual card?

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

You've worked diligently and have built a glowing reputation grounded in your excellent skills in tax, accounting, and auditing. You're known as the “go-to” person when a client is faced with tax and financial decisions. You have a very successful firm -- but that’s not enough.