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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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5 Common Sales Tax Mistakes That Can Put You At Risk for Non-Compliance

TaxConnex

Make sure you aren’t making these common mistakes to ensure you have sales tax in order and aren’t at risk for penalties and fees in the case of an audit. SaaS for example is subject to sales tax in many states and many services are taxable in states like Hawaii, South Dakota, and New Mexico. Misreading your nexus footprint.

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What’s new in sales tax?

TaxConnex

It did, but the South Carolina Department of Revenue later audited Amazon and found that it had failed to adequately tax sales by third-party merchants. The five states with the lowest average combined rates are (the still technically NOMAD state of) Alaska (1.82%) as well as Hawaii (4.5%), Wyoming (5.44%), Maine (5.5%) and Wisconsin (5.7%).

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The Accounting Technology Lab Podcast: Jan. 2024 – Recap of Thomson Reuters Synergy Conference

CPA Practice

And most of the AI research work from everything I’m seeing is taking place on the legal side inside Thomson Reuters. So for example, in the audit product from Thomson, Jason Claudia, I basically started talking about how you can do PBC documents in auditing engagements to get, you know, gather the documents.

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Offering Virtual CFO Services in the Cannabis Industry with Guillermo Rodriguez

Anders CPA

And so, I started my career in internal audit and then moved into a financial accounting manager role and then eventually worked in corporate finance. So when you go and apply for a license, you’ll have to be a cultivator manufacturer and a dispensary like in Hawaii. And federal legalization again, my opinion. Am I right?