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Defending IRS Cash Based Audits – Guilty Until Proven Innocent: The Case for Using a Forensic Accountant

Withum

Why a Forensic Accountant? Using a forensic account is essential in developing a strategy to handle and defend the findings of a cash-based audit. However, before delving into how they can assist counsel and the client, it’s essential to define what a forensic accountant is.

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Defending IRS Cash-Based Audits – Guilty Until Proven Innocent: Computing Income

Withum

As discussed in our previous article, The Case for Using a Forensic Accountant , confronting the prospects of a cash-based audit is fraught with potential traps and exposure to civil and criminal penalties, including incarceration. This makes the forensic accountant part of the defense team. Cash has a destination.

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Reconstructing Books and Records For a Tax Audit

FraudFiles

You are being audited. These are some of the most dreaded words an individual or business will ever hear from a state or federal tax auditor. Blame and shame have no place in a tax audit. The task at hand is getting through the audit in a way that achieves the best possible result for the business. It happens.

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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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Dean Dorton and VonLehman to Combine on Jan. 1

CPA Practice

VonLehman provides assurance, accounting, tax, and progressive business advisory services for closely held businesses, nonprofits, and governmental entities. million, placing it within the top 100 accounting firms in the U.S. A top 200 firm , VonLehman had revenue of $28 million during its most recent fiscal year.

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Bowers Merges in CPA Firm Kasperski Dinan & Rink

CPA Practice

Established in 1977, Bowers CPAs & Advisors provides tax and audit, business valuation, accounting/bookkeeping, forensic accounting, and financial planning services to private and closely held businesses.

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Baratz & Associates Acquires Fellow New Jersey CPA Firm

CPA Practice

Consisting of more than 65 people, Baratz & Associates has developed a well-established reputation for providing accounting, auditing, business acquisition, health care consulting, litigation support, tax planning, and valuation services to clients. The strategic acquisition of Renzi Bernardi Suarez & Co.,