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IRS Audit Red Flags: How to Avoid Getting Tax Audited by the IRS

Snyder

Many small business owners often feel like they might be a heartbeat away from the IRS tax audit. In fact, according to the IRS data , only about 1 percent of taxpayers are facing an audit. percent of small businesses are getting tax audited. What is a tax audit? What does a tax audit mean? IRS tax audit process.

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SVOG Audit Requirements: SBA Provides Updated Guidance

Withum

SBA Clarifies Audit Requirements for Shuttered Venue Operators Grants. This additional information further clarifies the audit requirements for SVOG recipients. This additional information further clarifies the audit requirements for SVOG recipients. General Audit Items. SVOG Post-Application Guidance.

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Update: SBA Clarifies Audit Requirements for Shuttered Venue Operators Grants

Withum

Over the past few months, the SBA has provided several audit-specific webinars for entities that have received an SVOG grant. The audit requirement is different for non-profit entities (referred to as non-Federal entities within 2 CFR 200) and for-profit entities. General Audit Items. Non-profit Entities.

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Top Remote Accountants of the Week | January 17, 2025

Going Concern

Work experience: All in public accounting Supervises a tax team of 5 associates Review and analysis of financial statements Tax planning, research, and projections Peer review Client niches: SMBs. Sign up now to find your next hire.

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

Here’s a glimpse into some of the prominent sectors and the tailored support a specialized tax and accounting firm can offer: Entertainment Industry: From bustling studios in Hollywood to independent production houses, the entertainment industry is a major player in LA.

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Top Remote Tax and Accounting Candidates of the Week | April 24, 2025

Going Concern

Sign up now to find your next hire. Drop your information here , and we’ll reach out to schedule a call to discuss how Accountingfly can work for you.

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Top Remote Accountants of the Week | October 17, 2024

Going Concern

Sign up now to find your next hire. Drop your information here , and we’ll reach out to schedule a call to discuss how Accountingfly can work for you.