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Payroll Auditing 101 for Trustees of Multiemployer Plans

Withum

Payroll Audit Basics for Trustees. Payroll compliance audits perform a central role in this regard. This reduces DOL audit risk and liability to the plan and its trustees. They are more likely to have controls in place and “self-audit.” Audit Selection. Three Primary Considerations.

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What are APIs and how can they streamline tax provision calculations?

ThomsonReuters

Tax teams prepare tax provisions by gathering data, performing calculations, and entering the results into forms. However, corporate tax teams find it difficult to automate this process. What are the benefits of tax provision software? How can tax provision APIs streamline calculations?

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Preparing for Your First Audit – Steps to Follow for Consumer Products Companies

Withum

Although an independent financial statement audit may not gain the day-to-day attention of management the same way as growing revenue or projecting cash flows; for many, there will come a time when an audit becomes a vital part of the company’s lifecycle. When will audit fieldwork commence ?

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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer

Going Concern

In that capacity, Urban was responsible for maintaining the company’s general ledger, preparing financial statements, and reconciling the company’s accounts payable and receivable and bank statements. His actions undermined the integrity of the tax profession and caused detriment to his clients and the ATO.” “We

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R&D Tax Credit: The Innovation Incentive

Cherry Bekaert

The Research and Development (R&D) Tax Credit is a federal incentive designed to promote innovation in the design, development and improvements of processes, products and services. It allows companies to receive tax credits when certain expenses are incurred for the performance of qualified R&D activities in the U.S.

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How Much Is a Tax Consultant?

xendoo

If you own a business or earn a significant income, you may be wondering how to manage your tax situation and how much a tax consultant costs. There is a lot to consider when weighing the costs and benefits of hiring a tax consultant. A tax consultant can help with any of these issues. What Does a Tax Consultant Do?

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The Technology Lab Podcast – Review of Audit Technology Trends – July 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss technology trends for audits. Now, Brian claims that he is a recovering auditor, I don’t think you ever get audit blood out of yourself at least listening to him, that’s for sure. So I want you to know here that the world of audit is changing rapidly.